Form 4: Rivian Director Rose M. Macario Reports Acquisition of Restricted Stock Units

Director Rose M. Macario reports the acquisition of 1,707 restricted stock units of Rivian Automotive, Inc. that vested on July 22, 2024, but will be deferred until termination of service.

Summary

• On July 22, 2024, Rose M. Macario, a director of Rivian Automotive, Inc., acquired 1,707 shares of Class A Common Stock through the vesting of restricted stock units.
• The shares were acquired at a price of $0.
• Macario has elected to defer the issuance of these shares until termination of service as a director.
• Following the reported transaction, Macario beneficially owns 105,633 shares of Rivian's Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock-based compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The shares underlying the restricted stock units will be issued upon the director's termination of service.

Industry Context

This filing is a routine disclosure of a director's stock-based compensation, which is a common practice in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The transaction increases the director's alignment with shareholder interests through increased equity ownership.

Key Dates