Summary by Futu AI
Rivian Automotive's CEO, Robert J Scaringe, completed a sale of 6,777 shares of the company's Class A Common Stock on February 15, 2024. The shares were sold at a price of $15.54 per share, resulting in a total transaction value of approximately $105,314.58. Following the transaction, Scaringe directly holds 471,519 shares of Rivian Automotive. The sale was conducted under a transaction code indicating the payment of exercise price or tax liability by delivering or withholding securities. Additionally, Scaringe holds an indirect interest in 2,637,361 shares through an LLC and a Trust.