Insider Sale by Boone Karen (Dir)
Trade Summary
4 days ago, Boone Karen, serving as Dir at Rivian Automotive, Inc. / DE (RIVN), sold 20,000 shares at $20.00 per share, for a total transaction value of $400,000.00. Following this transaction, Boone Karen now holds 110,000 shares of RIVN.
This sale represents a 15.38% decrease in Boone Karen's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, July 6, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, July 9, 2026 (accepted Jul 8, 8:53 PM ET), 3 days after the trade was made.
Rivian Automotive, Inc. / DE operates in the CONSUMER CYCLICAL sector, specifically within the AUTO MANUFACTURERS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$20.00
Quantity
20,000
Total Value
$400,000.00
Shares Owned
110,000
Trade Date
4 days ago
SEC Filing Date
(accepted Jul 8, 8:53 PM ET)
Filed 3 days after trade
Discussion