RJ Scaringe transferred approximately 4 million shares and 6 million options to his ex-wife, Meagan Scaringe, as part of a divorce settlement, affecting his ownership and voting power at Rivian. His voting power declined from 7.6% to around 4%, the lowest since Rivian’s IPO in 2021. Rivian has been focused on a redesign of its R1S SUV and R1T truck, anticipating growth from the upcoming R2 SUV expected to launch in 2026. The company's ownership landscape has notably shifted since its IPO, with key changes in stakeholders.
RJ Scaringe transferred about 4 million shares and 6 million options valued at roughly $130 million to his ex-wife as part of a divorce settlement.
Scaringe's voting power has decreased to around 4%, down from 7.6%, the lowest since Rivian's IPO in 2021.
Rivian is focusing on redesigning its R1S SUV and R1T truck to lower manufacturing costs while preparing for the launch of the R2 SUV in 2026.
The ownership structure of Rivian has changed since its 2021 IPO, moving from major early stakeholders like Amazon and Ford to Volkswagen becoming a significant player.
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