Summary by Futu AI
Claire McDonough, Chief Financial Officer of Rivian Automotive, Inc. (RIVN), completed a transaction involving the company's stock on March 1, 2024. McDonough acquired 14,510 shares of Class A Common Stock at no cost, which was reported as a grant, award, or other acquisition. On the same day, she disposed of 5,178 shares at a price of $11.32 per share, a transaction described as payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, McDonough's direct holdings in Rivian Automotive totaled 165,081 shares. The total market value of the disposed shares was calculated at $58,614.96.