Rivian CEO RJ Scaringe’s voting control slips following divorce settlement 

Rivian Founder and CEO have transferred a part of its ownership partner and voting power as part of a new disposable divorce in accordance with a controller in RJ Scoring FilingThe

The show shows the show on the filing show, about 1 million shares on the scoring and his ex-wife Magan scoring as an alternative to about 1 million and million millions of options as part of the settlement. At the current share price of Rivier, these shares and options can be about $ 130 million, though they have different strike prices that will affect the total return when sale. The court documents show that the stock ownership change comes at the end of a two -year long divorce.

Stocks in Scoring Class and about 8 million class B shares are owned by more than 15 million shares when the company submits its annual Proxy Report on April 29The As a result of the transfer, the power of scoring voting has been delayed from 7.6% early this year, about 4%, which is the lowest after the Rivian 2021 IPO.

According to the agency, there is no effect on the revan business or activities of the stock ownership change.

A spokesperson in an official statement emailed to TechCrunch said, “RJ and Magan have finalized their divorce. They will continue to prioritize co-workers Their kids. “

The settlement comes at an important time for the revionists. Rivian has re -designed his R1 SSUV and R1 truck to reduce the cost of production while improving its flagship vehicle effectiveness. However, the company is banking in the next addition to its lineup – high expected R2 SUV whose $ 45,000 base is worth – – Increase in saleThe The car will not be sold until the first half of 2026.

The Rivian ownership structure was transferred since the IPO in 2021, which was the largest stakeholders in Amazon and Ford at that time. Today, Ford is basically out And the Volkswagen group has made its debut as a major player.

At the end of 2024, Rivian enters a The price of joint venture is $ 5.8 billion Focusing on software and electrical architecture including Volkswagen. Rivian provides technology and employees in joint ventures, while Volkswagen has contributed mainly to the purchase of shares and transformable Debt.

As a result, the German automotive giant now owns Rivian 12.3%, According to the recent filingThe It was a bit behind Amazon, which was owned by Rivian 14.2% as proxy filing in April 2025. It is sufficient to give Amazon the maximum voting force of any single shareholder: 13.3%. (Ford and T. Rowe Price was used as the main shareholder after the IPO, but Since then they have sold their stains))

According to the proxy filing, the ownership of the scoring in Rivian was 2% before the partnership. However, he had a.6..6% share of his vote, thanks to B Class B Stock, which brings 10 votes per share. (Rivian Class simply brings 1 vote per share)) Shares and transfer of options to the settlement cut off about 4%of its voting power.

Unlike the founders of many high-profile technology, scoring never had a lot of voting power post-IP. He was the highest in 2022 in 9.2%. This number was unchanged in 2023, declining at 8.7% in 2024, and after Volkswagen investment in 2025 again at .6..6%.

The Class B stock included in the settlement automatically converted to class in class, which means that if the ex -wife of Scoringz probably maintains this holding, he will not have the ability to vote too much than other shareholders. A lawyer representing him did not respond to any request for the comment sent to the weekend.

The CEO and the founder still control a mixture of about 50 million shares, options and restricted stock units or RSUs. Those who fully vested their ownership partner and voting power can return.

Rivian was founded in scoring in 20 and married in the 21st. He took the Rivian masses in 2021.

Records from the Orange County Superior Court show that he applied for a divorce in October 2023, agreed to be separated in another filing one month later.