Summary by Futu AI
Claire McDonough, Chief Financial Officer of Rivian Automotive, Inc. (RIVN), completed the sale of 12,760 shares of Class A Common Stock over two consecutive days. On August 15, 2024, McDonough sold 9,550 shares at a price of $13.25 per share, followed by a sale of 3,210 shares on August 16, 2024, at $13.57 per share. The transactions resulted in a total market value of $170,097.20. Following these sales, McDonough's direct holdings in Rivian Automotive amount to 392,662 shares. The sales were executed as a payment of exercise price or tax liability by delivering or withholding securities and through an open market or private sale.