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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Rivian Automotive Director Karen Boone reported new equity transactions on Form 4. On June 18, 2025, Boone was granted 16,812 restricted stock units (RSUs) at $0 cost, which will vest on the first anniversary of the grant date.

Key details of the transaction:

  • Boone elected to defer the issuance of shares until termination of service as director
  • Following the transaction, Boone directly owns 98,349 shares of Class A Common Stock
  • Additionally holds 130,000 shares indirectly through The Boone Family Trust dated August 6, 2015
  • The RSUs will settle in Class A Common Stock upon termination of service

This equity grant appears to be part of the company's director compensation program, demonstrating continued alignment between board member and shareholder interests.

Positive
  • Director Karen Boone received 16,812 RSUs as part of board compensation, demonstrating continued alignment with shareholder interests through equity-based compensation
Negative
  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Boone Karen

(Last) (First) (Middle)
C/O RIVIAN AUTOMOTIVE, INC.
14600 MYFORD ROAD

(Street)
IRVINE CA 92606

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rivian Automotive, Inc. / DE [ RIVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/18/2025 A 16,812(1) A $0 98,349 D
Class A Common Stock 130,000 I See footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents an award of 16,812 restricted stock units ("RSUs") which will vest on the first anniversary of the grant date. The Reporting Person has elected to defer the issuance of the shares of the Issuer's Class A Common Stock underlying the RSUs until the Reporting Person's termination of service as a director of the Issuer. The RSUs will settle in shares of the Issuer's Class A Common Stock upon such termination of service.
2. By The Boone Family Trust dated August 6, 2015.
Remarks:
/s/ Jamie Chung, Attorney-in-Fact 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many RIVN RSUs did Director Karen Boone receive in June 2025?

Karen Boone received 16,812 restricted stock units (RSUs) on June 18, 2025. These RSUs will vest on the first anniversary of the grant date, and she has elected to defer the issuance of shares until her termination of service as a director of Rivian.

What is Karen Boone's total RIVN stock ownership after the June 2025 transaction?

Following the transaction, Karen Boone owns 98,349 shares of RIVN Class A Common Stock directly, and 130,000 shares indirectly through The Boone Family Trust dated August 6, 2015, for a total beneficial ownership of 228,349 shares.

What was the purchase price of RIVN RSUs granted to Karen Boone?

The RSUs were granted to Karen Boone at a price of $0, as they were awarded as part of her compensation as a director of Rivian Automotive, Inc.

When will Karen Boone's RIVN RSUs from June 2025 vest and settle?

The RSUs will vest on the first anniversary of the grant date (June 18, 2026). However, Boone has elected to defer the settlement and issuance of the underlying RIVN Class A Common Stock shares until her termination of service as a director of the company.
Rivian Automotive, Inc. / De

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12.73%
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IRVINE