Scaringe Robert J 4
4 · Rivian Automotive, Inc. / DE · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Rivian CEO Robert Scaringe Sells 17,450 Shares
What Happened
- Robert J. Scaringe, CEO of Rivian Automotive (RIVN), sold 17,450 shares on 2026-03-17 in an open-market disposal. The weighted-average sale price was $15.60, for total proceeds of approximately $272,230. The filing reports this as a sale (transaction code S) and indicates the trades were effected automatically under an existing Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-17; Form 4 filed: 2026-03-19 (appears timely under the 2-business-day requirement).
- Sale price: weighted average $15.60; reported per-share prices ranged from $15.30 to $15.85.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: (F1) Sale was automatic under a 10b5-1 plan adopted 2025-03-14 and amended 2025-06-11; (F2) weighted-average price noted and issuer/SEC can request per-trade price breakdown.
- Transaction type: Open-market sale (S); not an option exercise, gift, or award.
Context
- Trades under a Rule 10b5-1 plan are pre-scheduled and often reflect routine diversification or liquidity needs rather than active insider trading decisions. Sales are informative for liquidity but generally carry less interpretive weight than insider purchases.
Insider Transaction Report
Form 4
Scaringe Robert J
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-03-17$15.60/sh−17,450$272,230→ 1,042,848 total
Holdings
- 2,297(indirect: By LLC)
Class A Common Stock
- 2,632,766(indirect: By Trust)
Class A Common Stock
Footnotes (2)
- [F1]The sale reported in this transaction was effected automatically pursuant to a previously disclosed Rule 10b5-1 trading plan adopted on March 14, 2025 and amended on June 11, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q for each such quarter.
- [F2]The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $15.30 to $15.85, 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.
Signature
/s/ Jamie Chung, Attorney-in-Fact|2026-03-19