Form 4: Rivian CAO Michael Callahan Reports Stock Tax Withholding
Statement of Changes in Beneficial Ownership
Rivian Automotive Chief Administrative Officer Michael Callahan reported the withholding of 42,082 shares to satisfy tax obligations related to RSU vesting.
Summary
- Michael Callahan, Chief Administrative Officer of Rivian Automotive, Inc., had 42,082 shares of Class A Common Stock withheld by the company.
- The transaction occurred on May 15, 2026, to satisfy tax withholding obligations associated with the vesting of 82,703 Restricted Stock Units (RSUs).
- The shares were valued at $14.52 per share, based on the closing price on May 14, 2026.
- Following this transaction, the reporting person maintains beneficial ownership of 1,072,176 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative event, as it represents a mandatory tax settlement rather than a change in management's outlook on the company.
Positives
- The transaction is a routine administrative action related to equity compensation rather than a discretionary market sale.
Negatives
- The transaction results in a reduction of the officer's direct share ownership.
Risks
- None identified; this is a standard tax-related equity transaction.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that tax-related share withholding is a standard practice for corporate executives at publicly traded companies to manage tax liabilities arising from equity compensation vesting.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for executive compensation and tax compliance consistent with major automotive and technology firms.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine tax-related transaction.
Next Steps
- None indicated.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Closing price date used for tax valuation. |
| 05/15/2026 | Date of RSU vesting and tax withholding transaction. |
| 05/19/2026 | Date of filing. |
Keywords
Rivian, RIVN, Insider Trading, Form 4, Equity Compensation, Tax Withholding
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