Boone Karen 4
Research Summary
AI-generated summary
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.