Rivian Officer Michael J. Callahan Files Form 144 Notice of Proposed Sale
Rivian Automotive, Inc. / DE
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Filing Summary
Rivian Automotive, Inc. (RIVN) - Form 144 Filing Insider: Michael J Callahan (Officer) Proposed Sale: 15,000 Common shares Estimated Value: $225,000.00 (~$15.00/share) Broker: Morgan Stanley Smith Barney LLC Plan Date: 2026-06-12 (Rule 10b5-1)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Michael J. Callahan, an Officer of Rivian Automotive, Inc. (CIK: 0001874178), submitted a Form 144 filing declaring the intention to sell 15,000 shares of Rivian Common Stock. The aggregate market value of the shares proposed to be sold is approximately $225,000.00, implying an average price of $15.00 per share.
Transaction Details
- Security: Common Stock
- Number of Shares: 15,000
- Aggregate Market Value: $225,000.00
- Approximate Sale Date: October 1, 2026
- Securities Origin: Acquired via Restricted Stock grants from the Issuer on August 15, 2023 (4,833 shares) and November 15, 2023 (10,167 shares).
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Trading Plan: Adopted under Rule 10b5-1 on June 12, 2026.
Prior Sales & Context
Within the past three months, Mr. Callahan executed a prior sale of 15,000 shares on September 11, 2026, generating gross proceeds of $244,390.50.
Significance Assessment
The trading significance is assessed as Low. The proposed transaction of 15,000 shares represents a negligible fraction of Rivian's 1,443,948,130 shares outstanding and is executed under a pre-scheduled Rule 10b5-1 trading plan established in June 2026.
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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.
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