Gomez Aidan N. 4
Research Summary
AI-generated summary
Rivian (RIVN) Director Aidan Gomez Receives RSU Award; Shares Withheld
What Happened Aidan N. Gomez, a director of Rivian Automotive, had two related equity transactions. On June 22, 2026 he was granted 17,445 restricted stock units (RSUs) (reporting code A) with a $0 per-share price; those RSUs vest on the first anniversary of the grant. Separately, on June 18, 2026 the company withheld 8,926 shares of Class A common stock to satisfy tax withholding obligations related to the vesting of 16,812 RSUs; the withheld shares are reported as a disposition (reporting code F) at $16.26 per share for a total withholding value of $145,137. These were company withholding actions (a "sell-to-cover" style tax withholding), not an open-market sale or an insider cash purchase.
Key Details
- Transaction dates and amounts:
- 2026-06-18: 8,926 shares withheld for taxes at $16.26 per share, total $145,137 (code F).
- 2026-06-22: Award of 17,445 RSUs at $0.00 (code A); vest on 2027-06-22.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: 8,926 shares were withheld to satisfy tax withholding on the vesting of 16,812 RSUs on June 18, 2026.
- F2: The 17,445 RSUs represent an award that vests one year after grant.
- Filing timeliness: Report filed June 23, 2026 for transactions on June 18 and June 22; no late-filing flag indicated.
Context
- The June 18 disposition reflects company withholding to cover tax obligations from vested RSUs (a routine administrative step), not an insider-initiated market sale. The June 22 entry is a grant of new RSUs that will vest in one year; such awards align with standard executive/director compensation and do not by themselves indicate buying or selling sentiment.