Director Michael Wartell buys 6,548 Nu Ride (NRDE) shares in open market

Rhea-AI Filing Summary

NU RIDE INC. director Michael J. Wartell reported an open-market purchase of Class A common stock. On February 13, 2026, he bought 6,548 shares at a weighted average price of $1.59 per share, with trade prices ranging from $1.55 to $1.60.

After this transaction, Wartell directly owns 227,081 shares of NU RIDE INC. common stock, a figure that includes restricted stock units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wartell Michael J.

(Last) (First) (Middle)

C/O NU RIDE INC.

1700 BROADWAY, 19TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NU RIDE INC. [ NRDE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/13/2026		P		6,548	A	$1.59(1)	227,081(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported price is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.55 to $1.60. The reporting person undertakes to provide to the issuer, any security holder or the staff of the Securities and Exchange Commission, on request, information regarding the number of shares purchased at each separate price within the range provided.

2. Includes restricted stock units.

	/s/ Michael Wartell	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NU RIDE INC. (NRDE) report for Michael J. Wartell?

NU RIDE INC. reported that director Michael J. Wartell bought shares of Class A common stock. He completed an open-market purchase of 6,548 shares on February 13, 2026, increasing his direct ownership stake in the company’s equity.

How many NU RIDE INC. (NRDE) shares did Michael J. Wartell buy and at what price?

Michael J. Wartell purchased 6,548 shares of NU RIDE INC. Class A common stock at a weighted average price of $1.59 per share. Individual trades occurred within a price range from $1.55 to $1.60 per share, according to the filing footnote.

What is Michael J. Wartell’s total NU RIDE INC. (NRDE) share ownership after this transaction?

After the reported purchase, Michael J. Wartell directly owns 227,081 shares of NU RIDE INC. Class A common stock. This total includes restricted stock units, as disclosed, reflecting both his previously held shares and the new shares acquired in the transaction.

Was the NU RIDE INC. (NRDE) insider trade by Michael J. Wartell an open-market purchase?

Yes. The transaction is classified as an open-market purchase of NU RIDE INC. Class A common stock. The filing labels it with transaction code “P,” described as a purchase in an open market or private transaction, confirming it as a standard buy order.

What price range applied to Michael J. Wartell’s NU RIDE INC. (NRDE) share purchases?

The filing states that the reported $1.59 price is a weighted average. Individual trades for NU RIDE INC. shares were executed between $1.55 and $1.60 per share. Wartell undertakes to provide detailed breakdowns of shares purchased at each price upon request.

Do Michael J. Wartell’s reported NU RIDE INC. (NRDE) holdings include restricted stock units?

Yes. A footnote explains that his total of 227,081 shares includes restricted stock units. This means the reported ownership figure combines standard common shares with RSUs that represent additional equity-based compensation tied to NU RIDE INC.