Form 4: Rivian Director Rose M. Macario Reports Changes in Beneficial Ownership

Director Rose M. Macario reports acquisition of restricted stock units and deferred issuance of Class A Common Stock upon termination of service.

Summary

• On June 18, 2024, Rose M. Macario, a director of Rivian Automotive, Inc., acquired 24,224 restricted stock units (RSUs).
• These RSUs will vest on the first anniversary of the grant date.
• Macario has elected to defer the issuance of the underlying Class A Common Stock until termination of service as a director.
• Upon termination of service, the RSUs will settle in shares of Rivian's Class A Common Stock.
• Following the reported transaction, Macario beneficially owns 103,926 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock ownership changes. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The RSUs will settle in shares of the Issuer's Class A Common Stock upon such termination of service.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings of key personnel.

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, which can influence investor confidence.

Key Dates