Rivian (RIVN) CAO has shares withheld to cover taxes on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rivian Automotive Chief Accounting Officer Sreela Venkataratnam reported a routine tax-related share disposition. On vesting of 39,889 Restricted Stock Units on May 15, 2026, 17,486 shares of Class A Common Stock were withheld by the company to satisfy tax withholding obligations at a reference price of $14.52 per share. After this transaction, she directly holds 582,140 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Venkataratnam Sreela
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 17,486 | $14.52 | $254K |
Holdings After Transaction:
Class A Common Stock — 582,140 shares (Direct, null)
Footnotes (1)
- 17,486 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 39,889 Restricted Stock Units on May 15, 2026. The closing price of the Issuer's Class A Common Stock on May 14, 2026.
Key Figures
Shares withheld for taxes: 17,486 shares
Reference share price: $14.52 per share
RSUs vested: 39,889 RSUs
+1 more
4 metrics
Shares withheld for taxes
17,486 shares
Class A Common Stock withheld for tax obligations
Reference share price
$14.52 per share
Closing price on May 14, 2026 used for withholding
RSUs vested
39,889 RSUs
Restricted Stock Units vested on May 15, 2026
Shares owned after transaction
582,140 shares
Direct Class A holdings after tax withholding
Key Terms
Restricted Stock Units, tax withholding obligations, Class A Common Stock, closing price
4 terms
Restricted Stock Units financial
"in connection with the vesting of 39,889 Restricted Stock Units on May 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.
tax withholding obligations financial
"withheld by the Company for the purposes of satisfying tax withholding obligations"
Class A Common Stock financial
"17,486 shares of Class A Common Stock were withheld by the Company"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
closing price financial
"The closing price of the Issuer's Class A Common Stock on May 14, 2026"
FAQ
What insider transaction did Rivian (RIVN) report for Sreela Venkataratnam?
Rivian reported a tax-related share disposition for Chief Accounting Officer Sreela Venkataratnam. The company withheld 17,486 Class A shares to cover tax obligations tied to the vesting of 39,889 Restricted Stock Units on May 15, 2026.
Was the Rivian (RIVN) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 17,486 Class A shares were withheld by Rivian to satisfy tax withholding obligations when 39,889 Restricted Stock Units vested, which is a common, non-market compensation-related mechanism.
How many Rivian (RIVN) RSUs vested for the Chief Accounting Officer?
A total of 39,889 Restricted Stock Units vested for Rivian’s Chief Accounting Officer on May 15, 2026. To cover associated tax withholding obligations, the company retained 17,486 Class A shares, rather than the officer selling shares in the open market.