Summary by Futu AI
Rivian Automotive, Inc.'s Chief Commercial Officer, Kjell Gruner, completed a sale of 10,019 shares of the company's Class A Common Stock on February 15, 2024. The transaction was carried out at a price of $15.54 per share, resulting in a total sale value of approximately $155,695.26. Following the sale, Gruner's direct holdings in Rivian Automotive amount to 424,953 shares. The sale was executed as a means to cover the payment of exercise price or tax liability by delivering or withholding securities, according to the transaction code description.