Summary by Futu AI
Rivian Automotive, Inc. CEO Robert J. Scaringe completed a sale of 6,739 shares of the company's Class A Common Stock on May 15, 2024. The shares were sold at a price of $11.19 per share, resulting in a total transaction value of $75,409.41. Following the transaction, Scaringe directly holds 909,691 shares of Rivian Automotive. The sale was conducted under a transaction code indicating the payment of exercise price or tax liability by delivering or withholding securities. Additionally, Scaringe holds an indirect interest in 2,637,361 shares through a trust and an LLC.