Rivian Announces Board and Executive Compensation Changes
Ticker: RIVN · Form: 8-K · Filed: Jul 5, 2024 · CIK: 1874178
| Field | Detail |
|---|---|
| Company | Rivian Automotive, Inc. / De (RIVN) |
| Form Type | 8-K |
| Filed Date | Jul 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: RIVN
TL;DR
Rivian's board and exec pay got a shake-up on July 1st.
AI Summary
Rivian Automotive, Inc. announced on July 1, 2024, changes to its board of directors and executive compensation. The filing details the election of new directors and updates to compensatory arrangements for certain officers, though specific names and dollar amounts for these arrangements are not detailed in this excerpt.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and financial priorities.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically have a low direct impact on immediate operational or financial risk.
Key Players & Entities
- Rivian Automotive, Inc. (company) — Registrant
- July 1, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 14600 Myford Road Irvine, California 92606 (address) — Principal executive offices
FAQ
What specific changes were made to Rivian's board of directors?
The filing indicates the election of directors and departure of directors, but the specific names of individuals are not provided in this excerpt.
What are the details of the compensatory arrangements for certain officers?
The filing states that compensatory arrangements of certain officers are being updated, but the specific details, including dollar amounts, are not included in this excerpt.
When was the earliest event reported in this Form 8-K?
The earliest event reported is dated July 1, 2024.
What is Rivian Automotive, Inc.'s state of incorporation?
Rivian Automotive, Inc. is incorporated in Delaware.
What is the principal executive office address for Rivian?
The principal executive office address is 14600 Myford Road, Irvine, California 92606.
Filing Stats: 530 words · 2 min read · ~2 pages · Grade level 13.4 · Accepted 2024-07-05 07:09:00
Key Financial Figures
- $0.001 — which registered Class A common stock, $0.001 par value per share RIVN The Nasdaq
Filing Documents
- d843177d8k.htm (8-K) — 23KB
- 0001193125-24-175305.txt ( ) — 138KB
- rivn-20240701.xsd (EX-101.SCH) — 3KB
- rivn-20240701_lab.xml (EX-101.LAB) — 17KB
- rivn-20240701_pre.xml (EX-101.PRE) — 11KB
- d843177d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RIVIAN AUTOMOTIVE, INC. Date: July 5, 2024 By: /s/ Claire McDonough Name: Claire McDonough Title: Chief Financial Officer