Scaringe Robert J bought RIVN
November 6, 2025 · Form 4 insider transaction
Scaringe Robert J bought 36,500,000 shares of Rivian Automotive, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The closing price of the Issuer's Class A Common Stock on November 6, 2025.; As disclosed in the Issuer's Current Report on Form 8-K as filed with the Securities and Exchange Commission on November 7, 2025 (the "Form 8-K"), the 2021 CEO Performance Award was cancelled in exchange for the granting of the 2025 CEO Award on November 6, 2025. (Defined terms used but not defined herein shall have the meanings ascribed thereto in the Form 8-K.) The time-based option awarded concurrently with the 2021 CEO Performance Award remains outstanding and will continue to vest according to its terms.; As disclosed in the Form 8-K, the 2025 CEO Award vests as follows: (i) 22,000,000 shares underlying the stock option vest subject to the per share price of the Issuer's Class A Common Stock exceeding various thresholds, and (ii) 14,500,000 shares underlying the stock option vest upon the Issuer achieving certain financial performance targets, in each case subject to the Reporting Person's continued service in his current role on such vesting date.