Robert J. Scaringe - 22 Jul 2024 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Jul 2024, 17:06:15 UTC
Prior SEC filing
16 Jul 2024
Next SEC filing
19 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jamie Chung, Attorney-in-Fact

Key filing fact

Robert J. Scaringe filed Form 4 for Rivian Automotive, Inc. / DE (RIVN) on 24 Jul 2024.

Key facts

  • This page summarizes Robert J. Scaringe's Form 4 filing for Rivian Automotive, Inc. / DE (RIVN).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 24 Jul 2024, 17:06.

Change

  • Previous filing in this sequence was filed on 16 Jul 2024.
  • Current net transaction value: -$1,028,020.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RIVN transaction

Class A Common Stock

Options Exercise

Transaction value
$93,861
Shares
+35,713
Change %
+3.9%
Price
$2.63
Shares after
945,404
Date
22 Jul 2024
Ownership
Direct
RIVN transaction

Class A Common Stock

Sale

Transaction value
$607,850
Shares
-35,713
Change %
-3.8%
Price
$17.02
Shares after
909,691
Date
22 Jul 2024
Ownership
Direct
Footnotes
F1, F2
RIVN transaction

Class A Common Stock

Options Exercise

Transaction value
$93,869
Shares
+35,716
Change %
+3.9%
Price
$2.63
Shares after
945,407
Date
22 Jul 2024
Ownership
Direct
RIVN transaction

Class A Common Stock

Sale

Transaction value
$607,901
Shares
-35,716
Change %
-3.8%
Price
$17.02
Shares after
909,691
Date
22 Jul 2024
Ownership
Direct
Footnotes
F1, F3
RIVN holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,595
Date
22 Jul 2024
Ownership
By LLC
RIVN holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,632,766
Date
22 Jul 2024
Ownership
By Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RIVN transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-35,713
Change %
-0.43%
Price
$0.000000
Shares after
8,249,550
Date
22 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
35,713
Exercise price
$2.63
Footnotes
F4
RIVN transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-35,716
Change %
-0.43%
Price
$0.000000
Shares after
8,213,834
Date
22 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
35,716
Exercise price
$2.63
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

The sale reported in this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 8, 2024, as described in the Issuer's Quarterly Report on Form 10-Q for the three months ended March 31, 2024, filed with the Securities and Exchange Commission (the "SEC") on May 7, 2024.

Footnote F2

The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $16.85 to $17.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F3

The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $16.85 to $17.18, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F4

The stock option was fully vested as of February 14, 2023.

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