Rivian (RIVN) Director Karen Boone Receives RSU Award (17,445)

What Happened
Karen Boone, a director of Rivian Automotive, was granted 17,445 restricted stock units (RSUs) on 2026-06-22. The reported acquisition price is $0 (award), and the RSUs will vest on the first anniversary of the grant date.

Key Details

• Transaction date: 2026-06-22; Form 4 filed: 2026-06-23 (timely — within typical 2 business days requirement).
• Grant: 17,445 RSUs; reported price: $0 (award/grant, code A).
• Vesting: RSUs vest on the first anniversary of the grant (per footnote).
• Reporting/ownership: The filing notes The Boone Family Trust dated August 6, 2015 (footnote) in connection with the reporting; the excerpt provided does not show post-transaction total shares owned.
• No indication of a sale, purchase for cash, or immediate disposition in this filing.

Context
RSUs are a form of equity compensation that convert into shares upon vesting; they are not an open‑market purchase or sale and typically reflect compensation or retention incentives. This award does not by itself indicate buying or selling intent — it is a grant that vests in one year.