Summary by Futu AI
On July 22, 2024, Rose Marcario, a reporting person for Rivian Automotive, Inc. (RIVN), was granted 1,707 shares of Class A Common Stock at no cost. Following this transaction, Marcario's direct holdings in the company increased to a total of 105,633 shares. The grant, which is part of the company's stock-based compensation, was completed as a means to provide incentives to key individuals within the organization. The transaction was reported to be completed on the same day, with the shares acquired directly by Marcario.