Rivian (RIVN) grants CAO Venkataratnam Sreela 115,588 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Venkataratnam Sreela reported acquisition or exercise transactions in this Form 4 filing.
Rivian Automotive, Inc. granted Chief Accounting Officer Venkataratnam Sreela an award of 115,588 restricted stock units (RSUs) of Class A common stock. The RSUs will vest on each of the next sixteen quarterly anniversaries after February 15, 2026, providing long-term, time-based equity compensation. Each RSU represents a contingent right to receive one share of Class A common stock and has no expiration date. Following this award, Sreela directly holds 599,626 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Venkataratnam Sreela
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 115,588 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 599,626 shares (Direct)
Footnotes (1)
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FAQ
What equity award did Rivian (RIVN) grant to Chief Accounting Officer Venkataratnam Sreela?
Rivian granted Chief Accounting Officer Venkataratnam Sreela an award of 115,588 restricted stock units. Each RSU represents a contingent right to receive one share of Class A common stock as the units vest over time.
How do the new RSUs granted to Rivian (RIVN) CAO Sreela vest?
The 115,588 restricted stock units vest on each of the next sixteen quarterly anniversaries after February 15, 2026. This creates a four-year, time-based vesting schedule designed to align compensation with ongoing service at Rivian.
What does each RSU granted to Rivian (RIVN) CAO represent?
Each restricted stock unit represents a contingent right to receive one share of Rivian’s Class A common stock. The units convert into shares as they vest and carry no expiration date according to the disclosure.
Was the Rivian (RIVN) RSU award to CAO Sreela a market purchase or sale?
The transaction is classified as a grant or award acquisition, not a market purchase or sale. Rivian granted 115,588 restricted stock units as equity compensation, with no price per share reported for the award.