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Rivian CAO Michael Callahan Sells $225K in Stock Under Rule 10b5-1 Plan
Rivian Automotive, Inc. / DE
$RIVN4CIK: 0001874178
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Filing Summary
### Insider Sale Alert: Rivian Automotive, Inc. (NASDAQ: RIVN)
**Insider:** Callahan Michael John (Chief Administrative Officer)
**Transaction Date:** October 1, 2026
**Action:** Sold 15,000 shares @ $15.00/share (~$225,000)
**Remaining Stake:** 1,001,776 shares (Direct)
**Details:** Sale executed under a Rule 10b5-1 trading plan established on June 12, 2026.
Comprehensive Analysis
Executive Summary
On October 1, 2026, Michael John Callahan, Chief Administrative Officer of Rivian Automotive, Inc. ($RIVN), executed an open-market sale of 15,000 shares of Class A Common Stock at a price of $15.00 per share, totaling $225,000.
Key Transaction Details
- Insider: Michael John Callahan, Chief Administrative Officer
- Transaction Type: Open Market Sale (Code S)
- Shares Sold: 15,000 shares
- Execution Price: $15.00
- Total Consideration: $225,000
- Post-Transaction Holdings: 1,001,776 shares directly owned
- Plan Details: The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on June 12, 2026.
Market & Trading Significance
- Low Significance: The disposition represents approximately 1.48% of Mr. Callahan's total direct holdings, leaving him with an extensive holding of over 1.0 million shares.
- Pre-Scheduled Execution: Because the transaction was governed by a Rule 10b5-1 trading plan adopted months prior, it reflects automated portfolio management rather than a discretionary reaction to near-term material non-public information.
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