Robert J. Scaringe - 06 Nov 2025 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Chief Executive Officer, Director
Signature
/s/ Jamie Chung, Attorney-in-Fact
Issuer symbol
RIVN
Transactions as of
06 Nov 2025
Net transactions value
$0
Form type
4
Filing time
07 Nov 2025, 16:03:22 UTC
Previous filing
02 Oct 2025
Next filing
13 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Scaringe Robert J Chief Executive Officer, Director C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE /s/ Jamie Chung, Attorney-in-Fact 07 Nov 2025 0001891517

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RIVN Stock Option Disposed to Issuer $0 -20,355,946 -81% $0.000000 4,922,182 06 Nov 2025 Class A Common Stock 20,355,946 $21.72 Direct F1, F2
transaction RIVN Stock Option Award $0 +36,500,000 $0.000000 36,500,000 06 Nov 2025 Class A Common Stock 36,500,000 $15.22 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As disclosed in the Issuer's Current Report on Form 8-K as filed with the Securities and Exchange Commission on November 7, 2025 (the "Form 8-K"), the 2021 CEO Performance Award was cancelled in exchange for the granting of the 2025 CEO Award on November 6, 2025. (Defined terms used but not defined herein shall have the meanings ascribed thereto in the Form 8-K.) The time-based option awarded concurrently with the 2021 CEO Performance Award remains outstanding and will continue to vest according to its terms.
F2 The stock option vests as to 6,785,315 shares underlying the stock option in 6 substantially equal annual installments beginning on the first anniversary of the Issuer's IPO.
F3 The closing price of the Issuer's Class A Common Stock on November 6, 2025.
F4 As disclosed in the Form 8-K, the 2025 CEO Award vests as follows: (i) 22,000,000 shares underlying the stock option vest subject to the per share price of the Issuer's Class A Common Stock exceeding various thresholds, and (ii) 14,500,000 shares underlying the stock option vest upon the Issuer achieving certain financial performance targets, in each case subject to the Reporting Person's continued service in his current role on such vesting date.