{"schema_version":"secwatch.filing_event.v1","accession":"0001874178-25-000056","form_type":"8-K","ticker":"RIVN","cik":"0001874178","company_name":"Rivian Automotive, Inc. / DE","filed_at":"2025-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.943030+00:00","generated_at":"2026-05-16T23:09:17.899890+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rivian cancels 20.4M share CEO option; grants new 36.5M share option with stock price and operating income hurdles","bullets":["Cancelled 2021 CEO Performance Award (20,355,946 shares) and granted 2025 CEO Award for up to 36,500,000 shares at $15.22 exercise price.","Stock price hurdles: 22M shares earned in 11 tranches at $40-$140 (163%-820% premium over exercise price).","Financial targets: up to 14.5M shares based on adjusted operating income and cash flow from operations targets through 2032.","Base salary doubled from $1M to $2M; award vests over 5-7 years with CEO service requirement.","Also issued 1M common units in subsidiary Mind Robotics to Scaringe, up to 10% economic interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001874178-25-000056","json":"https://secwatch.observer/filing/0001874178-25-000056.json","markdown":"https://secwatch.observer/filing/0001874178-25-000056.md","text":"https://secwatch.observer/filing/0001874178-25-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874178/000187417825000056/0001874178-25-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874178/000187417825000056/rivn-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:09:17.899890+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}