Rivian Board Member Strengthens Position with New Stock Awards Despite Market Challenges
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rivian Automotive Director Aidan N. Gomez reported two transactions on June 18, 2025:
- Acquisition of 16,812 restricted stock units (RSUs) at $0, which will vest on the first anniversary of the grant date
- Disposition of 1,020 shares of Class A Common Stock at $13.39 per share, withheld by the company for tax obligations related to the vesting of 1,740 RSUs
Following these transactions, Gomez directly owns 38,417 shares of Class A Common Stock. The share withholding was automatically executed to cover tax liabilities from RSU vesting, a common practice for executive compensation. The filing was completed by attorney-in-fact Jamie Chung on June 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gomez Aidan N.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,812 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,020 | $13.39 | $14K |
Holdings After Transaction:
Class A Common Stock — 39,437 shares (Direct)
Footnotes (1)
- Represents an award of 16,812 restricted stock units ("RSUs") which will vest on the first anniversary of the grant date. 1,020 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 1,740 Restricted Stock Units on June 18, 2025. The closing price of the Company's Class A Common Stock on June 17, 2025.
FAQ
How many RIVN RSUs did Director Aidan Gomez receive on June 18, 2025?
Director Aidan N. Gomez received an award of 16,812 restricted stock units (RSUs) on June 18, 2025. These RSUs will vest on the first anniversary of the grant date.
What was the tax withholding transaction for RIVN's Director Gomez in June 2025?
On June 18, 2025, 1,020 shares of RIVN Class A Common Stock were withheld by the company for tax withholding obligations related to the vesting of 1,740 Restricted Stock Units. The withholding was calculated at a price of $13.39 per share.
What type of ownership does Director Gomez have in RIVN stock?
According to the Form 4 filing, Aidan Gomez has Direct (D) ownership of RIVN Class A Common Stock. There are no indirect ownership positions reported in the filing.
What was RIVN's stock price used for tax withholding calculations in June 2025?
The price used for tax withholding calculations was $13.39 per share, which was the closing price of RIVN's Class A Common Stock on June 17, 2025.