Nu Ride insider boosts Class A stake via HZ Investments LLC
Rhea-AI Filing Summary
Nu Ride Inc. (NRDE) director reports stock purchases in a Form 4 filing. On 11/18/2025, an indirect account bought 10,156 shares of Class A common stock at $1.35 per share. On 11/19/2025, it bought another 47,096 shares at $1.36 per share.
After these transactions, 249,728 shares of Class A common stock are beneficially owned indirectly through HZ Investments LLC, and 120,533 shares are held directly. The filing notes that 2 shares were previously omitted from earlier reports and that 120,533 shares consist of restricted stock units. The reporting person is the managing member of HZ Investments LLC and disclaims beneficial ownership of its holdings beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 47,096 | $1.36 | $64K |
| Purchase | Class A Common Stock | 10,156 | $1.35 | $14K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 2 shares of Class A common stock that were inadvertently omitted from the reporting person's prior filings. The reporting person is the managing member of HZ Investments LLC and, by virtue of such position, has voting and dispositive power over the securities held by it. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Consists of restricted stock units.
FAQ
What insider transaction did Nu Ride Inc. (NRDE) report on this Form 4?
The filing reports that a director of Nu Ride Inc. had an indirect account purchase 10,156 shares of Class A common stock on 11/18/2025 at $1.35 per share and 47,096 shares on 11/19/2025 at $1.36 per share.
What is the role of HZ Investments LLC in the Nu Ride (NRDE) Form 4 filing?
HZ Investments LLC holds the indirectly owned Class A common shares. The reporting person is its managing member and has voting and dispositive power over these securities, while disclaiming beneficial ownership except for his pecuniary interest.
Did the Nu Ride (NRDE) Form 4 correct any prior reporting issues?
Yes. The filing explains that the reported holdings include 2 shares of Class A common stock that were inadvertently omitted from prior filings.
What is the insider’s relationship to Nu Ride Inc. (NRDE)?
The reporting person is identified as a director of Nu Ride Inc., and the Form 4 is filed as a single reporting person filing.