Claire McDonough - 13 May 2025 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Signature
/s/ Jamie Chung, Attorney-in-Fact
Issuer symbol
RIVN
Transactions as of
13 May 2025
Net transactions value
-$290,986
Form type
4
Filing time
15 May 2025, 16:39:54 UTC
Previous filing
23 Apr 2025
Next filing
19 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McDonough Claire Chief Financial Officer C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE /s/ Jamie Chung, Attorney-in-Fact 15 May 2025 0001890925

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Sale $149,055 -9,937 -1.2% $15.00 851,637 13 May 2025 Direct F1
transaction RIVN Class A Common Stock Tax liability $141,931 -9,577 -1.1% $14.82 842,060 15 May 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2024, as described in the Issuer's Quarterly Report on Form 10-Q for the three months ended September 30, 2024, filed with the Securities and Exchange Commission on November 7, 2024.
F2 9,577 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 26,762 Restricted Stock Units on May 15, 2025.
F3 The closing price of the Company's Class A Common Stock on May 14, 2025.