Rivian CFO Claire McDonough Sells Shares
Claire McDonough, CFO of Rivian Automotive (NASDAQ: RIVN), sold 8,023 shares on August 20, 2026 under a prearranged Rule 10b5-1 trading plan. The transaction was disclosed via an SEC Form 4 filing and valued at $128,368 based on the weighted average sale price of $16.00 per share. Following this sale, McDonough retains ownership of approximately 819,000 shares directly held in her name, representing a stake worth around $13.12 million as of August 20 market close at $16.01 per share. This represents roughly 0.0675% of the company's outstanding stock. Rivian continues to operate with a net loss for the trailing twelve months, reporting revenue of $5.9 billion and a net loss of $3.2 billion. The firm focuses on premium electric vehicles including pickup trucks and SUVs as well as commercial delivery vans in partnership with Amazon.
Topics: CFO sale Rivian Rule 10b5-1 SEC Form 4