Hmm... Wonder if its a sign of

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patuick
2022-05-17

Hmm... Wonder if its a sign of confidence in company or just a tactic to temporarily stop further dropping in share price [Smug]

Rivian Automotive CEO Purchases $1 Million Worth of Stock

According to SEC Form 4, on May 16, Robert Scaringe, the CEO of $Rivian Automotive, Inc.$ , purchased 41,000 shares of the company’s Class A common stock at an average price of $25.7772. The total amount of purchased shares is approximately $1.05 million.Following the purchase, Scaringe owns 169,175 shares directly, 4,337,997 through a trust and 4,595 by LLC.Shares of Rivian are down 76% year-to-date given the correction in high-multiple stocks and supply chain issues faced by the EV maker.

Rivian Automotive CEO Purchases $1 Million Worth of Stock

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L.Lim
·2022-05-17
exactly... and 1 million isn't that much to someone like that hopefully it's not a stunt
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Wonder if its a sign of confidence in company or just a tactic to temporarily stop further dropping in share price&nbsp;<span>[Smug]&nbsp;</span></p></body></html>","text":"Hmm... Wonder if its a sign of confidence in company or just a tactic to temporarily stop further dropping in share price [Smug]","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9029887299","repostId":2236525981,"repostType":2,"repost":{"id":"2236525981","pubTimestamp":1652752374,"share":"https://www.laohu8.com/m/news/2236525981?lang=&edition=full","pubTime":"2022-05-17 09:52","market":"us","language":"en","title":"Rivian Automotive CEO Purchases $1 Million Worth of Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2236525981","media":"StreetInsider","summary":"According to SEC Form 4, on May 16, Robert Scaringe, the CEO of $Rivian Automotive, Inc.$ , purchased 41,000 shares of the company’s Class A common stock at an average price of $25.7772. 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(NASDAQ: RIVN), purchased 41,000 shares of the company’s Class A common stock at an average price of $25.7772. ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20084109\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=20084109","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236525981","content_text":"According to SEC Form 4, on May 16, Robert Scaringe, the CEO of Rivian Automotive, Inc. (NASDAQ: RIVN), purchased 41,000 shares of the company’s Class A common stock at an average price of $25.7772. 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