Rivian (NASDAQ: RIVN) CFO 10b5-1 sale of 8,023 shares disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rivian Automotive Chief Financial Officer Claire McDonough reported an open-market sale of 8,023 shares of Class A common stock at $16.00 per share on May 29, 2026. After this transaction, she directly holds 887,007 shares.
The filing notes that this sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 2, 2025, indicating it was scheduled in advance rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,023 shares ($128,368)
Net Sell
1 txn
Insider
McDonough Claire
Role
Chief Financial Officer
Sold
8,023 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,023 | $16.00 | $128K |
Holdings After Transaction:
Class A Common Stock — 887,007 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 8,023 shares
Sale price: $16.00 per share
Shares held after transaction: 887,007 shares
3 metrics
Shares sold
8,023 shares
Open-market sale on May 29, 2026
Sale price
$16.00 per share
Price for Class A Common Stock sold
Shares held after transaction
887,007 shares
Direct Class A holdings following the sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 10-Q, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"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.
open-market sale financial
"transaction_action: "open-market sale" for Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 10-Q regulatory
"as described in the Issuer's Quarterly Report on Form 10-Q for the three months ended..."
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
FAQ
What insider transaction did Rivian (RIVN) disclose for Claire McDonough?
Rivian disclosed that CFO Claire McDonough sold 8,023 Class A shares at $16.00 each. The open-market sale occurred on May 29, 2026, and was reported on a Form 4 insider trading filing with the Securities and Exchange Commission.
What type of security did the Rivian (RIVN) Form 4 transaction involve?
The transaction involved Rivian’s Class A Common Stock. CFO Claire McDonough executed an open-market sale of 8,023 Class A shares at $16.00 per share, as reported in the Form 4 filing with the SEC.