Gomez Aidan N. 4

What Happened

• Aidan N. Gomez, a director of Rivian Automotive (RIVN), received 810 restricted stock units (RSUs) that vested on April 20, 2026 (reported as an acquisition at $0.00). To cover tax withholding tied to the vesting, 406 shares of Class A common stock were surrendered/withheld by the company at an implied price of $17.23 per share, totaling about $6,995. The gross value of the 810 vested RSUs using the $17.23 close was about $13,956.

Key Details

• Transaction date: April 20, 2026 (report filed April 22, 2026).
• Award: 810 RSUs vested (code A). Withholding: 406 shares withheld for taxes (code F) at $17.23/share (total withheld ≈ $6,995).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 confirms 810 RSUs vested on April 20, 2026; F2 states 406 shares were withheld to satisfy tax withholding (mentions January 20, 2026 in the footnote text); F3 notes $17.23 was the April 19, 2026 closing price.
• Filing timeliness: Reported two days after the vesting date (filed Apr 22 for Apr 20 transaction), which appears timely.

Context

• This was not an open-market sale or purchase by the insider but a routine vesting of RSUs with shares withheld to satisfy tax obligations (a common cashless-withholding method). Withholding of shares for taxes is standard and does not necessarily reflect a decision to sell holdings for cash.