RIVN Insider Filing: Scaringe RSU Withholding of 43,945 Shares at $12.06
Rhea-AI Filing Summary
Robert J. Scaringe, Chief Executive Officer and Director of Rivian Automotive, Inc. (RIVN), reported a transaction dated 08/15/2025 showing 43,945 shares of Class A Common Stock were disposed of under code F at a price of $12.06 per share. The filing explains those shares were withheld by the company to satisfy tax withholding on the vesting of 86,538 Restricted Stock Units. Following the reported disposition, Scaringe beneficially owns 1,351,105 shares directly and holds additional indirect beneficial ownership of 2,297 shares via an LLC and 2,632,766 shares via a trust. The form is signed by an attorney-in-fact on 08/19/2025.
Positive
- Administrative withholding used to satisfy tax obligations on RSU vesting, not an open-market sale
- Substantial continued ownership: 1,351,105 shares direct and material indirect holdings via LLC and trust
Negative
- Shares withheld (43,945) reduce the insider's liquid Class A holdings available for future sale
- Transaction price ($12.06) may reflect market conditions at the time of withholding but provides limited liquidity context
Insights
TL;DR: Routine tax-withholding on RSU vesting; insider retains substantial direct and indirect ownership.
The Form 4 discloses a standard withholding disposition tied to RSU vesting rather than an open-market sale. This is an administrative action to cover tax obligations and does not indicate voluntary monetization or a change in executive control. The reporting person continues to hold significant equity directly and indirectly, which typically aligns executive and shareholder interests.
TL;DR: Transaction reduces outstanding shares held by the insider for tax purposes; no new derivative activity reported.
The filing records 43,945 Class A shares withheld at $12.06 following the vesting of 86,538 RSUs. There are no derivative transactions reported on this form. From a market-impact perspective, the disposition is modest relative to total company float and appears administrative. Continued large beneficial ownership via trust and direct holdings may be relevant for governance and voting analysis.