Scaringe Robert J 4
4 · Rivian Automotive, Inc. / DE · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Rivian CEO Robert Scaringe Sells 21,446 Shares
What Happened Robert J. Scaringe, CEO of Rivian Automotive (RIVN), reported the sale of 21,446 shares on April 14, 2026. The shares were disposed for a total of approximately $346,782 at a weighted average price of $16.17 per share (individual sale prices ranged from $15.815 to $16.66). This was a sale (not a purchase) and was effected pursuant to an existing Rule 10b5-1 trading plan.
Key Details
- Transaction date: April 14, 2026 (reported on Form 4 filed April 16, 2026) — filing appears timely.
- Shares sold: 21,446; weighted average price: $16.17; total proceeds ≈ $346,782.
- Price range: $15.815 to $16.66; the filer offers to provide a breakdown of shares sold at each price on request (footnote).
- Plan/automation: Sale executed automatically under a previously disclosed Rule 10b5-1 plan adopted Mar 14, 2025 and amended Jun 11, 2025.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
Context
- A Rule 10b5-1 plan allows insiders to pre-authorize trades and is commonly used to avoid trading on nonpublic information; such sales are often routine and should not be read as a company assessment.
- This filing reports an outright sale (Form 4 code S), not an option exercise, award, or gift.
Insider Transaction Report
Form 4
Scaringe Robert J
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-04-14$16.17/sh−21,446$346,782→ 1,001,138 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 $15.815 to $16.66, 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|2026-04-16