Rivian CEO Robert Scaringe Sells 34,818 Shares at $15 Under 10b5-1 Plan

Rivian Automotive CEO Robert Scaringe sold 34,818 shares of Class A Common Stock on May 28, 2026, at a price of $15 per share, reducing his direct holdings to 922,286 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025, and amended on June 11, 2025. Scaringe also maintains indirect ownership through a trust (2,632,766 shares) and an LLC (2,297 shares). The transaction was reported on a Form 4 filing with the SEC, with the sale being automatically effected according to the predetermined trading plan. This represents a routine insider transaction under a structured plan rather than discretionary market timing.