Rivian Insider Sale: Scaringe Disposes 17,450 RIVN Shares at $15.14
Rhea-AI Filing Summary
Robert J. Scaringe, Chief Executive Officer and Director of Rivian Automotive, Inc. (RIVN), reported a sale of 17,450 shares of Class A common stock on 09/30/2025 at a weighted average price of $15.1396 per share. The filing states the sale was effected automatically under a previously disclosed Rule 10b5-1 trading plan adopted on 03/14/2025 and amended on 06/11/2025. The sale prices ranged from $15.01 to $15.50 across multiple transactions.
Following the reported transaction, the reporting person directly beneficially owns 1,298,755 shares, indirectly owns 2,297 shares through an LLC, and indirectly owns 2,632,766 shares through a trust. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Positive
- Sale executed under a documented Rule 10b5-1 plan adopted 03/14/2025 and amended 06/11/2025, indicating prearranged trading
- Filing discloses weighted average price and price range ($15.1396; $15.01–$15.50), and offers to provide per-price detail on request, enhancing transparency
- Detailed post-transaction ownership figures provided: 1,298,755 direct; 2,297 indirect by LLC; 2,632,766 indirect by trust
Negative
- Insider sale of 17,450 shares on 09/30/2025 (potentially dilutive to insider ownership position)
- Sale reduces direct holdings although the filing does not state rationale beyond the 10b5-1 plan
Insights
TL;DR: CEO executed an automatic plan sale of 17,450 shares under a documented 10b5-1 plan.
The Form 4 discloses a rule-compliant sale executed on 09/30/2025 via a 10b5-1 trading plan adopted 03/14/2025 and amended 06/11/2025. The disclosure lists the weighted average sale price of $15.1396 with transaction prices between $15.01 and $15.50, and promises to provide per-price detail on request. Such timely Form 4 reporting supports transparency around insider transactions.
Actionable detail: the specific transaction date and the plan adoption/amendment dates are disclosed in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,450 | $15.1396 | $264K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sale reported in this transaction was effected automatically pursuant to a previously disclosed Rule 10b5-1 trading plan adopted on March 14, 2025 and amended on June 11, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q for each such quarter. The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $15.01 to $15.50, 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.