RIVN insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Michael Callahan Chief Administrative Officer	15,000	$15.00	1.5%	1.00M	Oct 1, 2026	Oct 2, 2026

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Michael Callahan Chief Administrative Officer	15,000	$16.29	1.5%	1.02M	Sep 11, 2026	Sep 16, 2026

What stands out

Aidan Gomez bought 18K shares for $251K, first on May 15, 2026. These are the first by current officers or directors since Apr 17, 2024.Purchase, May 15, 2026

Tax withholding outweighed market sales: the company withheld $9.0M of officers' and directors' shares for taxes, against $7.6M sold on the open market. The largest was Robert Scaringe ($3.1M withheld).Largest withholding, Aug 15, 2026

Two officers sold shares but ended with larger stakes, because more shares came in than were sold: Claire McDonough (sold 117K, 15% of starting holdings; 289K added) and Michael Callahan (sold 30K, 3.3% of starting holdings; 290K added).Claire McDonough: largest sale, Feb 18, 2026 · Michael Callahan: largest sale, Sep 11, 2026

Percentages cover 9 of 11 officers and directors. Left out: Karen Boone and Peter Krawiec (holdings couldn't be fully reconciled). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

Robert Scaringe

Chief Executive Officer, Director

3.6% · $4.7MDisclosed plan

Claire McDonough

Chief Financial Officer

15% · $1.9MDisclosed plan

Michael Callahan

Chief Administrative Officer

3.3% · $469KDisclosed plan

Karen Boone

Director

No bar: holdings couldn't be fully reconciled.

$400KDisclosed plan

Peter Krawiec

Director

No bar: holdings couldn't be fully reconciled.

$71KNo plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Outside holders, reported separately

VOLKSWAGEN AG reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Rivian CEO selling stock?

Yes. Robert Scaringe sold 286K shares ($4.7M, 3.6% of starting holdings) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Rivian insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 99% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 0.9% had no disclosed plan. A trading plan schedules sales in advance.

Are any Rivian insiders buying?

Yes. 1 officer or director reported 1 purchase in the past 12 months (Form 4 code P, which includes private purchases).

How much of their stake did Rivian insiders sell?

About 4.1% overall. As a group they still hold 99% of their starting shares. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold5 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Robert Scaringe Chief Executive Officer, Director	$4.7M 286K shares	3.6%	Disclosed plan
Claire McDonough Chief Financial Officer	$1.9M 117K shares	15%	Disclosed plan
Michael Callahan Chief Administrative Officer	$469K 30K shares	3.3%	Disclosed plan
Karen Boone Director	$400K 20K shares	i No percentage: holdings couldn't be fully reconciled.	Disclosed plan
Peter Krawiec Director	$71K 3.7K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed

Outside holder, reported separately: VOLKSWAGEN AG (a 10% owner, not part of management). No open-market sales reported in the period. Holds 209.77M shares. Latest filing

The full ownership picture9 of 11 insiders fully reconciled · 11 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Robert Scaringe

Includes unvested RSUs, amount not disclosed. An owner entity could not be identified from the footnotes.

Chief Executive Officer, Director

7.85M

−286K

7.43M

95%

Vesting, gifts, unvested awards and holding lines for Robert Scaringe

0shares vested or exercised

0gifted (net of own trusts)

−202Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
An owner entity could not be identified from the footnotes.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	1,298,755	878,253
Trust	Class A Common Stock	2,632,766	2,632,766
LLC	Class A Common Stock	2,297	2,297
LLC	Class B Common Stock	3,912,500	3,912,500

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
4,922,182	$21.72	Jan 19, 2031	$0
572,184	$10.90	May 13, 2034	$2.3M
3,642,631	$2.63	Mar 15, 2029	$45.1M
1,306,622	$11.15	Apr 21, 2035	$5.0M
500,000	$3.36	Jul 8, 2029	$5.8M
36,500,000	$15.22	Nov 6, 2035	$0

Estimate: options held × ($15.00 − strike price), using the most recent insider trade price on Form 4 (Oct 1, 2026), not a market close.

Michael Callahan

Includes unvested RSUs, amount not disclosed.

Chief Administrative Officer

897K

−30K

1.00M

+12%

Vesting, gifts, unvested awards and holding lines for Michael Callahan

0shares vested or exercised

0gifted (net of own trusts)

−156Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	897,139	1,001,776

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
1,025,116	$13.02	Mar 20, 2033	$2.0M
264,086	$10.90	May 13, 2034	$1.1M
696,866	$11.15	Apr 21, 2035	$2.7M
528,402	$14.91	Mar 20, 2036	$48K

Estimate: options held × ($15.00 − strike price), using the most recent insider trade price on Form 4 (Oct 1, 2026), not a market close.

Claire McDonough

Includes unvested RSUs, amount not disclosed.

Chief Financial Officer

789K

−117K

819K

+3.8%

Vesting, gifts, unvested awards and holding lines for Claire McDonough

0shares vested or exercised

0gifted (net of own trusts)

−142Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	789,445	819,178

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
330,106	$10.90	May 13, 2034	$1.4M
1,045,298	$11.15	Apr 21, 2035	$4.0M
528,402	$14.91	Mar 20, 2036	$48K

Estimate: options held × ($15.00 − strike price), using the most recent insider trade price on Form 4 (Oct 1, 2026), not a market close.

Sreela Venkataratnam

Includes unvested RSUs, amount not disclosed.

Chief Accounting Officer

503K

565K

no sales

Vesting, gifts, unvested awards and holding lines for Sreela Venkataratnam

0shares vested or exercised

0gifted (net of own trusts)

−67Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	503,171	564,599

Karen Boone

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +130,000 shares on Jul 6, 2026 (Reporting Person). See the filing Sales and other transactions for Karen Boone are complete.

Director

n/a

−20K

n/a

Vesting, gifts, unvested awards and holding lines for Karen Boone

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
An owner entity could not be identified from the footnotes.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +130,000 shares on Jul 6, 2026 (Reporting Person). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	98,349	115,794
Unresolved (see footnote)	Class A Common Stock	130,000	130,000
Reporting Person	Class A Common Stock	0	110,000

Sanford Schwartz

Includes unvested RSUs, amount not disclosed.

Director

191K

213K

no sales

Vesting, gifts, unvested awards and holding lines for Sanford Schwartz

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	190,754	213,002

Jay Flatley

Minor difference of 1,250 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

161K

180K

no sales

Vesting, gifts, unvested awards and holding lines for Jay Flatley

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	160,820	179,515

Reconciliation: minor difference of 1,250 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Rose Marcario

Includes unvested RSUs, amount not disclosed.

Director

126K

109K

no sales

Vesting, gifts, unvested awards and holding lines for Rose Marcario

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	125,594	108,782

Peter Krawiec

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: -75,555 shares on Dec 15, 2025 (Direct). See the filing Sales and other transactions for Peter Krawiec are complete.

Director

n/a

−3.7K

n/a

Vesting, gifts, unvested awards and holding lines for Peter Krawiec

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: -75,555 shares on Dec 15, 2025 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	82,367	27,558
Erin G. Krawiec 2019 Trust	Class A Common Stock	34,531	34,531
Peter Krawiec 2025 GRAT	Class A Common Stock	0	29,122
Erin G. Krawiec 2025 GRAT	Class A Common Stock	0	32,778

John Krafcik

Includes unvested RSUs, amount not disclosed.

Director

60K

79K

no sales

Vesting, gifts, unvested awards and holding lines for John Krafcik

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	59,501	79,393

Aidan Gomez

Includes unvested RSUs, amount not disclosed.

Director

39K

63K

no sales

Vesting, gifts, unvested awards and holding lines for Aidan Gomez

0shares vested or exercised

0gifted (net of own trusts)

−14Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	38,790	63,177

9 of 11 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (8 exactly, 1 with a minor or footnoted difference). For 2 we show sales but not holdings; the ! icon on their rows explains why. Percentages cover 9 of 11 officers and directors. Left out: Karen Boone and Peter Krawiec (holdings couldn't be fully reconciled). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$7.6M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $7.6M across 456,566 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $7.5M · 99%

The lighter segment is sales with no plan disclosed in the filing ($71K), including tax-related sales outside a plan.

No plan disclosed · $71K

Sales with no 10b5-1 plan and no tax reference in the filing. $71K of it is Peter Krawiec. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Peter Krawiec, Dec 15, 2025

Taxes

580,399 shares ($9.0M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 1 buyer (1 trade)

1 officer or director bought shares in this period, in 1 trade(Form 4 code P). Across all their filings on record there are 14 purchase trades.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Robert Scaringe Chief Executive Officer, Director	286K	$4.7M	100%	62%	Nov 11, 2025 to May 28, 2026
Claire McDonough Chief Financial Officer	117K	$1.9M	100%	25%	Dec 2, 2025 to Aug 20, 2026
Michael Callahan Chief Administrative Officer	30K	$469K	100%	6%	Sep 11, 2026 to Oct 1, 2026
Karen Boone Director	20K	$400K	100%	5%	Jul 6, 2026 to Jul 6, 2026
Peter Krawiec Director	3.7K	$71K	0%	0.9%	Dec 15, 2025 to Dec 15, 2025

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$1.1M	$1.1M	$0	$0
Dec 2025	$1.3M	$1.2M	$0	$71K
Jan 2026	$621K	$621K	$0	$0
Feb 2026	$1.0M	$1.0M	$0	$0
Mar 2026	$838K	$838K	$0	$0
Apr 2026	$531K	$531K	$0	$0
May 2026	$832K	$832K	$0	$0
Jun 2026	$144K	$144K	$0	$0
Jul 2026	$400K	$400K	$0	$0
Aug 2026	$319K	$319K	$0	$0
Sep 2026	$244K	$244K	$0	$0
Oct 2026	$225K	$225K	$0	$0

Is this normal? Selling year by year3 earlier years to compare with

In line with the past 3 years. 5 insiders sold; the average is 3 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	457K	5	$7.6M
Oct 8, 2025 1 year earlier	885K	2	$11.9M
Oct 8, 2024 2 years earlier	717K	5	$10.5M
Oct 9, 2023 3 years earlier	84K	3	$1.7M
Oct 9, 2022 4 years earlier · filings don't cover the whole year	10K	3	$286K
Oct 9, 2021 5 years earlier · filings don't cover the whole year	n/a	n/a	n/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty2 insiders whose holdings couldn't be fully reconciled

Karen Boone: holdings couldn't be fully reconciled (difference of 130,000 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +130,000 shares on Jul 6, 2026 (Reporting Person). Filing, Jul 6, 2026

Footnote: "The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 24, 2025, as described in the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission on February 12, 2026. The sale was made under an exception to the restrictions under the Lock-Up Agreement (as defined in Footnote 2) for an "Existing Trading Plan" (as defined therein). | The shares of Class A Common Stock beneficially owned by the Reporting Person following the transactions reported on"

Peter Krawiec: holdings couldn't be fully reconciled (difference of -10,000 shares). Balance changed with no matching transaction and no footnote: -75,555 shares on Dec 15, 2025 (Direct). Filing, Dec 15, 2025

Jay Flatley: minor difference of 1,250 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Inferred rename: "Volkswagen International America Inc" is treated as the same holder as "Volkswagen US-Holding, Inc", because the old name was never reported again and the new one opened with the same balance (146,880,123 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology288 filings from SEC EDGAR, and how we read them

All 288 Forms 3, 4 and 5 filed for Rivian (SEC CIK 1874178) from Nov 9, 2021 to Oct 2, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (8)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Jeff Baker	Jul 30, 2024	7,243 shares, last reported balance as of Jul 27, 2024
Kjell Gruner	May 17, 2024	398,087 shares, last reported balance as of May 15, 2024
Pamela Thomas-Graham	Apr 24, 2024	56,279 shares, last reported balance as of Apr 22, 2024
Harald Kroeger	Dec 21, 2022	4,041 shares, last reported balance as of Dec 20, 2022
Jiten Behl	May 24, 2022	9,041 shares, last reported balance as of May 20, 2022
FORD MOTOR CO	May 13, 2022	180,894,988 shares, last reported balance as of May 13, 2022
Global Oryx Group Holding Co Ltd	Nov 15, 2021	113,934,082 shares, last reported balance as of Nov 9, 2021
AMAZON COM INC	Nov 12, 2021	158,363,834 shares, last reported balance as of Nov 10, 2021

Rivian insiders sold $7.6M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Outside holders, reported separately

Common questions

Is the Rivian CEO selling stock?

Why are Rivian insiders selling?

Are any Rivian insiders buying?

How much of their stake did Rivian insiders sell?

The evidence

No plan disclosed · $71K

Taxes

Purchases · 1 buyer (1 trade)

Sales by month