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Rivian Automotive | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Jun 26 04:58
Summary by Futu AI
Rivian Automotive, Inc. has announced that its Officer and Director, Robert J. Scaringe, is set to sell 71,429 common shares on 06/25/2024. The shares, valued at an aggregate market value of $803,576.25, were acquired on the same date through a stock option exercise from the issuer. The transaction will be settled in cash. This planned sale follows a similar transaction that occurred on 06/10/2024, where Scaringe sold an equal number of shares, totaling 71,429, for gross proceeds of $820,883.5.
Rivian Automotive, Inc. has announced that its Officer and Director, Robert J. Scaringe, is set to sell 71,429 common shares on 06/25/2024. The shares, valued at an aggregate market value of $803,576.25, were acquired on the same date through a stock option exercise from the issuer. The transaction will be settled in cash. This planned sale follows a similar transaction that occurred on 06/10/2024, where Scaringe sold an equal number of shares, totaling 71,429, for gross proceeds of $820,883.5.

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