Summary by Futu AI
Kjell Gruner, the Chief Commercial Officer of Rivian Automotive, Inc. (RIVN), completed a stock transaction on March 1, 2024. Gruner sold 1,537 shares of Class A Common Stock at a price of $11.32 per share, resulting in a total transaction value of $17,398.84. This sale was part of a transaction coded as 'F', typically indicating a payment of exercise price or tax liability by delivering or withholding securities. On the same date, Gruner also acquired 4,306 shares at no cost, which is often associated with a grant, award, or other acquisition of stock. Following these transactions, Gruner holds a total of 427,722 shares of Rivian Automotive's common stock directly.