[Form 4] Rivian Automotive, Inc. / DE Insider Trading Activity
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.
- 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
- 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.