Form 4: Rivian Director Sanford Schwartz Reports Acquisition of Restricted Stock Units

Director Sanford Schwartz reports the acquisition of 1,687 restricted stock units (RSUs) of Rivian Automotive, Inc.

Summary

• On April 21, 2025, Sanford Harold Schwartz, a director of Rivian Automotive, Inc., acquired 1,687 restricted stock units (RSUs).
• These RSUs vested on January 21, 2025, and the issuance of the underlying Class A Common Stock is deferred until Schwartz's termination of service as a director.
• Upon termination, the RSUs will settle in shares of Rivian's Class A Common Stock.
• Following the reported transaction, Schwartz beneficially owns 172,547 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock ownership, indicating a neutral sentiment.

Future Outlook

The shares underlying the RSUs will be issued upon the director's termination of service.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, common in publicly traded companies like Rivian.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it reflects continued director ownership in the company.

Key Dates

Keywords

Rivian, RIVN, Director, Sanford Schwartz, Restricted Stock Units, RSUs, Class A Common Stock, Beneficial Ownership, SEC Form 4