Scaringe Robert J 4
4 · Rivian Automotive, Inc. / DE · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Rivian CEO Robert Scaringe Sells 34,818 Shares
What Happened
Robert J. Scaringe, CEO of Rivian Automotive (RIVN), sold 34,818 shares on May 28, 2026. The shares were disposed at $15.00 each for a total proceeds of $522,270. This was a sale (S), not a purchase—sales under 10b5-1 plans are typically routine and pre-scheduled.
Key Details
- Transaction date: 2026-05-28; price: $15.00 per share; total value: $522,270.
- Report filed: 2026-05-29 (appears timely, filed the next day).
- Shares owned after transaction: not disclosed in the excerpt of this filing.
- Footnote: Sale was effected automatically under a previously disclosed Rule 10b5-1 trading plan (adopted Mar 14, 2025; amended Jun 11, 2025).
- Transaction code: S = Sale (open market or private sale as reported).
Context
A Rule 10b5-1 plan allows insiders to sell shares on a pre-set schedule; such sales do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases typically convey stronger signals than routine, plan-driven sales.
Insider Transaction Report
Form 4
Scaringe Robert J
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
[F1]2026-05-28$15.00/sh−34,818$522,270→ 922,286 total
Holdings
- 2,297(indirect: By LLC)
Class A Common Stock
- 2,632,766(indirect: By Trust)
Class A Common Stock
Footnotes (1)
- [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.
Signature
/s/ Jamie Chung, Attorney-in-Fact|2026-05-29