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Rivian Automotive | 4: Statement of changes in beneficial ownership of securities-Officer Scaringe Robert J

SEC announcement ·  Mar 6 09:54
Summary by Futu AI
On March 1, 2024, Robert J. Scaringe, CEO of Rivian Automotive, completed a stock transaction involving the company's Class A Common Stock. Scaringe acquired 24,524 shares at no cost, which is typically indicative of a grant or award. On the same day, he disposed of 8,751 shares at a price of $11.32 per share, a transaction often associated with the payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Scaringe directly holds 487,292 shares of Rivian Automotive. The total market value of the disposed shares amounted to $99,061.32. Additionally, Scaringe has indirect beneficial ownership of 2,637,361 shares, held through an LLC and a Trust.
On March 1, 2024, Robert J. Scaringe, CEO of Rivian Automotive, completed a stock transaction involving the company's Class A Common Stock. Scaringe acquired 24,524 shares at no cost, which is typically indicative of a grant or award. On the same day, he disposed of 8,751 shares at a price of $11.32 per share, a transaction often associated with the payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Scaringe directly holds 487,292 shares of Rivian Automotive. The total market value of the disposed shares amounted to $99,061.32. Additionally, Scaringe has indirect beneficial ownership of 2,637,361 shares, held through an LLC and a Trust.
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