share_log

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

SEC ·  Dec 17 05:19

Summary by Futu AI

Rivian Automotive, Inc. officer Claire McDonough plans to sell 18,501 common shares on 12/16/2024, with an estimated market value of $277,515. The shares to be sold were acquired as restricted stock from the issuer in two tranches: 9,952 shares on 08/15/2024 and 8,549 shares on 11/15/2024.This sale is part of a pre-planned trading arrangement adopted on 08/16/2024. In the past three months, McDonough has sold a total of 11,307 shares, generating gross proceeds of $130,979.7. These previous sales occurred on 11/26/2024 (8,097 shares) and 11/18/2024 (3,210 shares).The upcoming sale represents a continuation of McDonough's recent trading activity in Rivian stock. Investors should note that such pre-planned sales by company officers are common and may not necessarily reflect the executive's view on the company's future performance.
Rivian Automotive, Inc. officer Claire McDonough plans to sell 18,501 common shares on 12/16/2024, with an estimated market value of $277,515. The shares to be sold were acquired as restricted stock from the issuer in two tranches: 9,952 shares on 08/15/2024 and 8,549 shares on 11/15/2024.This sale is part of a pre-planned trading arrangement adopted on 08/16/2024. In the past three months, McDonough has sold a total of 11,307 shares, generating gross proceeds of $130,979.7. These previous sales occurred on 11/26/2024 (8,097 shares) and 11/18/2024 (3,210 shares).The upcoming sale represents a continuation of McDonough's recent trading activity in Rivian stock. Investors should note that such pre-planned sales by company officers are common and may not necessarily reflect the executive's view on the company's future performance.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.