Rivian CEO Robert Scaringe Sells 17,450 Shares

What Happened Robert J. Scaringe, CEO of Rivian Automotive (RIVN), sold 17,450 shares on January 20, 2026 in an open-market transaction for total proceeds of approximately $279,762. The filing reports a weighted-average sale price of $16.03 per share; individual trades ranged from $15.87 to $16.25.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (timely filing).
• Shares sold: 17,450; weighted-average price: $16.03; price range: $15.87–$16.25.
• Proceeds: ~$279,762.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: Sale was executed automatically under a previously disclosed Rule 10b5-1 trading plan adopted March 14, 2025 and amended June 11, 2025 (disclosed in the issuer’s 10-Qs). The filer can provide a breakdown of the number of shares sold at each price in the reported range on request.

Context This was a routine insider sale executed under a pre-established 10b5-1 plan, which generally means trades were automated and pre-planned rather than reflecting immediate insider judgment. Sales are less informative than purchases for signaling bullish conviction; this Form 4 does not by itself indicate management’s view of Rivian’s near-term prospects.