Rivian (NASDAQ: RIVN) CFO sells 13K shares in planned trade
Rhea-AI Filing Summary
Rivian Automotive, Inc. (RIVN) reported that Chief Financial Officer Claire McDonough disposed of Class A common stock in two transactions. On August 15, 2026, 38,640 shares were withheld by the company to satisfy tax obligations arising from the vesting of 75,940 Restricted Stock Units at a reference price of $15.36 per share. On August 18, 2026, she sold 13,144 shares in the market at a weighted average price of $14.5047 per share, with prices ranging from $14.4050 to $14.67. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on September 2, 2025.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 51,784 shares
Net Sell
2 txns
Insider
McDonough Claire
Role
Chief Financial Officer
Sold
13,144 shs ($191K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F3, F4 | 13,144 | $14.5047 | $191K |
| Tax Withholding | Class A Common Stock F1, F2 | 38,640 | $15.36 | $594K |
Holdings After Transaction:
Class A Common Stock — 827,201 shares (Direct)
Footnotes (4)
- F1. 38,640 shares of Class A Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with the vesting of 75,940 Restricted Stock Units on August 15, 2026.
- F2. The closing price of the Issuer's Class A Common Stock on August 14, 2026.
- F3. The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 2, 2025, as described in the Issuer's Quarterly Report on Form 10-Q for the three months ended September 30, 2025, filed with the Securities and Exchange Commission on November 4, 2025.
- F4. The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $14.4050 to $14.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Open-market shares sold: 13,144 shares
Weighted average sale price: $14.5047 per share
Sale price range: $14.4050 to $14.67 per share
+4 more
7 metrics
Open-market shares sold
13,144 shares
Class A Common Stock sale by CFO Claire McDonough on August 18, 2026
Weighted average sale price
$14.5047 per share
August 18, 2026 sale of 13,144 shares; trades from $14.4050 to $14.67
Sale price range
$14.4050 to $14.67 per share
Price range for the August 18, 2026 open-market sale
Shares withheld for taxes
38,640 shares
Withheld on August 15, 2026 to satisfy tax obligations on RSU vesting
RSUs vested
75,940 Restricted Stock Units
Vesting on August 15, 2026 triggering tax withholding
Tax withholding reference price
$15.36 per share
Closing price on August 14, 2026 used for 38,640 withheld shares
10b5-1 plan adoption date
September 2, 2025
Adoption date of trading plan governing the August 18, 2026 sale
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, weighted average sale price
3 terms
Rule 10b5-1 trading plan financial
"The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"in connection with the vesting of 75,940 Restricted Stock Units on August 15, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The price reported is a weighted average sale price."
FAQ
What insider stock sale did Rivian (RIVN) disclose for CFO Claire McDonough?
Rivian (RIVN) disclosed that CFO Claire McDonough sold 13,144 shares of Class A common stock on August 18, 2026 at a weighted average price of $14.5047 per share, with individual trades between $14.4050 and $14.67.
Were Rivian (RIVN) CFO Claire McDonough’s August 2026 trades under a Rule 10b5-1 plan?
Yes. The filing states the August 18, 2026 sale was effected under a Rule 10b5-1 trading plan adopted by Claire McDonough on September 2, 2025, as previously described in Rivian’s quarterly report.
AI-generated analysis. How Rhea-AI works. Not financial advice.