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Rivian Automotive (NASDAQ:RIVN) Stock, Insider Trading Activity
Rivian Automotive: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Rivian Automotive Inc Insiders Doing?
At Rivian Automotive Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 14.16K shares worth $145.13K, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On November 19, 2024, Claire McDonough, the company's CHIEF FINANCIAL OFFICER sold 14.16K shares for $10.25 each.
Ownership Statistics for Rivian Automotive Inc
Shares Outstanding
995.320M
Insider Shares Owned
2.379M
Insider Percentage Owned
0.24%
Institutional Shares Held
293.477M
Institutional Percentage Held
28.8%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
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