Rivian CAO sells 15,000 shares at $16.29
Rivian’s chief administrative officer reported a Rule 10b5-1–planned sale of 15,000 Class A shares, retaining over 1.0 million shares afterward.
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Rhea-AI Filing Summary
Rivian Automotive, Inc. (RIVN) reported that Chief Administrative Officer Michael John Callahan sold 15,000 shares of Class A common stock on September 11, 2026, at a weighted average price of $16.2927 per share in multiple trades between $16.175 and $16.52, pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2026. After this sale, he directly holds 1,016,776 shares of Class A common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 15,000 | $16.2927 | $244K |
Footnotes (2)
- F1. The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026, as described in the Issuer's Quarterly Report on Form 10-Q for the three months ended June 30, 2026, filed with the Securities and Exchange Commission on July 30, 2026.
- F2. The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $16.175 to $16.52, 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
Class A common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RIVN report for Michael John Callahan?
Was the RIVN insider sale made under a Rule 10b5-1 trading plan?
What role does Michael John Callahan hold at RIVN?
Where is the Rule 10b5-1 plan for the RIVN insider sale described?
AI-generated analysis. How Rhea-AI works. Not financial advice.