Rivian Board Member Shows Long-term Commitment with Deferred Stock Grant

Rhea-AI Filing Summary

Rivian Automotive director Sanford Harold Schwartz received a grant of 16,812 restricted stock units (RSUs) on June 18, 2025, as reported in this Form 4 filing. The RSUs will vest on the first anniversary of the grant date.

Key details of the transaction:

• The RSUs were awarded at $0 exercise price
• Following the transaction, Schwartz directly owns 189,359 shares of Class A Common Stock
• The director has elected to defer the issuance of shares underlying the RSUs until termination of service as a director
• Settlement will occur 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 through equity-based compensation.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schwartz Sanford Harold

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	16,812	$0.00	--

Holdings After Transaction: Class A Common Stock — 189,359 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Schwartz Sanford Harold

(Last) (First) (Middle)

C/O RIVIAN AUTOMOTIVE, INC.

(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	189,359	D

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.

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 Sanford Schwartz receive in June 2025?

According to the Form 4 filing, director Sanford Harold Schwartz received 16,812 restricted stock units (RSUs) of Rivian Automotive (RIVN) on June 18, 2025. These RSUs will vest on the first anniversary of the grant date.

What is the vesting schedule for RIVN director Schwartz's new RSU grant?

The 16,812 RSUs granted to Sanford Schwartz will vest on the first anniversary of the grant date (June 18, 2026). Notably, Schwartz has elected to defer the issuance of the underlying shares until his termination of service as a director of Rivian.

How many shares of RIVN stock does Sanford Schwartz own after the June 2025 RSU grant?

Following the RSU grant transaction, Sanford Schwartz beneficially owns 189,359 shares of Rivian Class A Common Stock directly. This includes the newly granted 16,812 RSUs that will vest in one year.

What was the purchase price of RIVN RSUs granted to director Schwartz?

The RSUs were granted to Sanford Schwartz at a price of $0, as indicated in the Form 4 filing. This is typical for RSU grants which are awarded as part of director compensation and don't require payment from the recipient.