Rivian (NASDAQ: RIVN) CAO sees 20K shares withheld for taxes
Rhea-AI Filing Summary
Rivian Automotive, Inc. (RIVN) reported that Chief Accounting Officer Sreela Venkataratnam had 20,297 shares of Class A common stock withheld on August 15, 2026 to satisfy tax withholding obligations tied to the vesting of 39,890 Restricted Stock Units. After this tax-withholding disposition, she directly holds 564,599 shares of Class A common stock.
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Insider Trade Summary
Net Seller: 20,297 shares
Net Sell
1 txn
Insider
Venkataratnam Sreela
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 20,297 | $15.36 | $312K |
Holdings After Transaction:
Class A Common Stock — 564,599 shares (Direct)
Footnotes (2)
- F1. 20,297 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 39,890 Restricted Stock Units on August 15, 2026.
- F2. The closing price of the Issuer's Class A Common Stock on August 14, 2026.
Key Figures
Shares withheld for tax: 20,297 shares
RSUs vested: 39,890 units
Price per share: $15.36
+2 more
5 metrics
Shares withheld for tax
20,297 shares
Class A Common Stock withheld on August 15, 2026 for tax obligations
RSUs vested
39,890 units
Restricted Stock Units vesting on August 15, 2026
Price per share
$15.36
Closing price on August 14, 2026 used for withheld shares
Shares held after transaction
564,599 shares
Direct Class A Common Stock ownership following withholding transaction
Tax-withholding shares count
20,297 shares
Reported under Form 4 code F as payment of tax liability
Key Terms
Restricted Stock Units, tax withholding obligations, Class A Common Stock, Form 4
4 terms
Restricted Stock Units financial
"in connection with the vesting of 39,890 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.
tax withholding obligations financial
"for the purposes of satisfying tax withholding obligations in connection with the vesting"
Class A Common Stock financial
"20,297 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RIVN report for Sreela Venkataratnam on August 15, 2026?
Rivian Automotive (RIVN) reported that Sreela Venkataratnam had 20,297 shares of Class A common stock withheld. The shares covered tax withholding obligations related to the vesting of 39,890 Restricted Stock Units on August 15, 2026.
Was the RIVN insider transaction a market sale or tax withholding event?
The RIVN insider transaction was a tax withholding event, not a market sale. 20,297 shares were withheld by Rivian to satisfy tax obligations arising from vesting of 39,890 RSUs, coded as a Form 4 transaction type F.
How many Restricted Stock Units vested for the RIVN Chief Accounting Officer?
On August 15, 2026, 39,890 Restricted Stock Units vested for Rivian’s Chief Accounting Officer. To cover related tax withholding obligations, 20,297 shares of Class A common stock were withheld by the company.
Is the RIVN Form 4 transaction under a Rule 10b5-1 trading plan?
The Form 4 for Rivian (RIVN) shows the Rule 10b5-1 checkbox is not affirmed. The transaction is reported as a tax-withholding disposition rather than an open-market trade under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.