Form 4: Rivian Director Aidan Gomez Reports New RSU Award and Tax-Related Share Withholding

Sentiment:

Insider Transaction Report


Rivian Automotive, Inc. Director Aidan N. Gomez reported the acquisition of 16,812 restricted stock units and the disposition of 1,020 shares for tax withholding purposes on June 18, 2025.

Summary

  • Aidan N. Gomez, a Director at Rivian Automotive, Inc. (RIVN), reported two transactions on June 18, 2025.
  • He acquired 16,812 shares of Class A Common Stock as an award of restricted stock units (RSUs) with a price of $0. These RSUs are scheduled to vest on the first anniversary of the grant date.
  • Concurrently, 1,020 shares of Class A Common Stock were disposed of at a price of $13.39 per share to satisfy tax withholding obligations related to the vesting of 1,740 previously granted Restricted Stock Units.
  • Following these transactions, Mr. Gomez beneficially owns 38,417 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The document reports routine insider transactions related to director compensation, including an RSU award and tax-related share withholding. This is a neutral event, reflecting standard corporate governance and compensation practices without indicating significant positive or negative operational or financial news.

Positives

  • Aidan N. Gomez, a Director, received an award of 16,812 restricted stock units (RSUs), indicating continued equity-based compensation and alignment with shareholder interests.

Negatives

  • 1,020 shares of Class A Common Stock were disposed of to cover tax withholding obligations, which is a reduction in direct beneficial ownership.

Future Outlook

The 16,812 restricted stock units awarded on June 18, 2025, are scheduled to vest on the first anniversary of the grant date.

Industry Context

This Form 4 filing details routine insider transactions related to executive compensation, specifically restricted stock unit awards and tax-related share dispositions. Such filings are common across publicly traded companies as part of their executive and director compensation programs, reflecting standard equity incentive practices in the automotive and technology sectors.

Related Party Transactions

  • The transactions involve the company (Rivian Automotive, Inc.) and one of its directors (Aidan N. Gomez) as part of an equity compensation plan and tax withholding, which are standard related-party dealings in the context of executive compensation.

Stakeholder Impact

  • Shareholders: The RSU award aligns the director's interests with shareholders through equity ownership. The tax withholding is a routine administrative event with minimal direct impact.
  • Employees: No direct impact on general employees.
  • Customers: No direct impact on customers.
  • Suppliers: No direct impact on suppliers.
  • Creditors: No direct impact on creditors.

Next Steps

  • The 16,812 restricted stock units awarded to Aidan N. Gomez are expected to vest on the first anniversary of the grant date (approximately June 18, 2026).

Key Dates

DateDescription
06/17/2025Closing price of Rivian Class A Common Stock was $13.39, used for tax withholding calculation.
06/18/2025Date of RSU award and share disposition for tax withholding.
06/20/2025Date the Form 4 was signed by Attorney-in-Fact Jamie Chung.
06/18/2026Approximate vesting date for the 16,812 restricted stock units (first anniversary of grant date).

Keywords

Rivian Automotive, RIVN, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Director Compensation, Equity Award, Share Withholding, Aidan N. Gomez

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