Rivian CEO Scaringe Sells $272k Stock via 10b5-1 Plan
Rivian Automotive, Inc. / DE
Subscribe to track RIVN
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Rivian CEO Scaringe Sells $272k Stock via 10b5-1 Plan
Company: Rivian Automotive, Inc. / DE (RIVN) Form: 4 | Filed: 2026/03/19 Significance: Low
Insider: Scaringe Robert J Title: Chief Executive Officer | Relationship: Director, Officer
Transaction: • Type: Sale (10b5-1 Plan) • Shares: 17,450 • Price: $15.60 • Value: $272,230 • Owned After: 1,042,848 (Direct)
Key Insight: Routine automatic sale representing <0.01% of market cap. Insider retains significant holdings via direct and indirect ownership.
Market Context: Transaction executed under a pre-arranged trading plan adopted in March 2025.
Comprehensive Analysis
SEC Filing Analysis: Rivian Automotive, Inc. / DE (RIVN)
Executive Summary
- Trading Significance: Low
- Key Takeaway: CEO Robert Scaringe executed a routine sale of ~$272k under a 10b5-1 plan, representing a negligible fraction of the company's market capitalization.
- Market Impact: Neutral - The transaction volume is too low to impact price action or signal a shift in sentiment.
Company Information
| Field | Value |
|---|---|
| Company | Rivian Automotive, Inc. / DE |
| Ticker Symbol | RIVN |
| CIK | 0001874178 |
| Industry | Motor Vehicles & Passenger Car Bodies |
Insider Information
| Field | Value |
|---|---|
| Name | Scaringe Robert J |
| CIK | 0001891517 |
| Title/Position | Chief Executive Officer |
| Relationship | Director, Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-03-17 |
| Transaction Code | S (Sale) |
| Security Type | Class A Common Stock |
| Shares Involved | 17,450 |
| Price Per Share | $15.6006 |
| Total Value | $272,230.47 |
| Shares Owned After | 1,042,848 (Direct) |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $272,230 |
| % of Market Cap | ~0.0015% |
| Shares Transacted | 17,450 |
| % of Shares Outstanding | ~0.0014% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market cap of $18.44 billion, a $272k transaction is mathematically insignificant.
- Ownership Concentration: The CEO retains over 1 million shares directly, plus substantial indirect holdings (2.6M+ via Trust, 2.2k via LLC), maintaining strong alignment with shareholders.
- Transaction Significance: The sale represents less than 0.01% of shares outstanding, indicating no material change in insider confidence.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The sale is automated and extremely small relative to daily volume and market cap. It does not reflect discretionary bearish sentiment.
Volume & Sentiment
- Expected Volume Impact: None.
- Sentiment Indicator: Neutral.
Additional Context
Transaction Notes
- Special Circumstances: This sale was effected automatically pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025, and amended on June 11, 2025. This pre-planned nature removes the predictive value regarding current insider sentiment.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.