Scaringe Robert J 4

What Happened

• Robert J. Scaringe, CEO of Rivian Automotive (RIVN), disposed of a total of 70,478 Class A shares in mid‑February 2026 for about $1.22 million. On Feb 15, 2026, 35,578 shares were withheld by the company to satisfy tax withholding related to the vesting of 86,539 restricted stock units (RSUs) (value reported as $17.73/share; $630,798). On Feb 18, 2026, he sold 34,900 shares in the open market for a weighted average reported price of $16.80/share (total $586,236).

Key Details

• Transaction dates and prices:
  • 2026-02-15: 35,578 shares withheld for tax (reported $17.73/share; $630,798)
  • 2026-02-18: 34,900 shares sold in open market (weighted avg $16.80/share; $586,236; sale prices ranged $16.49–$17.07)
• Total proceeds: approximately $1,217,034 combined.
• Shares withheld were to satisfy taxes on the vesting of 86,539 RSUs on Feb 15, 2026.
• The Feb 18 sale was executed automatically under a previously disclosed Rule 10b5-1 trading plan (adopted Mar 14, 2025; amended Jun 11, 2025).
• The filing was submitted Feb 18, 2026 (reporting period includes Feb 15 transactions); the form does not indicate a late filing.
• Shares owned after the transactions are not specified in the information provided in this summary.

Context

• The 35,578‑share disposition on Feb 15 is a routine tax withholding tied to RSU vesting (not an active sale by the insider for cash). The subsequent 34,900‑share sale was made under a prearranged 10b5‑1 plan, meaning the sale was automated according to a prior plan rather than an ad‑hoc market timing decision. These filings are informational and do not, by themselves, indicate the insider’s private view of the company.