Nu Ride Inc. (NRDE) director discloses RSU award and indirect share stake
Rhea-AI Filing Summary
Nu Ride Inc. reported an insider equity award for one of its directors. On 01/02/2026, the director acquired 72,464 Class A common stock restricted stock units, marked as an acquisition. Following this grant, the director beneficially owns 192,997 restricted stock units directly and 282,056 Class A common shares indirectly through HZ Investments LLC.
The restricted stock unit award vests in two equal annual installments beginning on January 2, 2027, with each unit representing a contingent right to receive one share of Nu Ride Inc.’s common stock. The director is the managing member of HZ Investments LLC and has voting and dispositive power over the securities it holds, but disclaims beneficial ownership beyond his pecuniary interest.
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FAQ
What insider transaction was reported for Nu Ride Inc. (NRDE)?
A director of Nu Ride Inc. reported acquiring 72,464 restricted stock units of Class A common stock in a transaction dated 01/02/2026.
How many Nu Ride Inc. shares does the director beneficially own after this transaction?
After the transaction, the director beneficially owns 192,997 restricted stock units directly and 282,056 Class A common shares indirectly through HZ Investments LLC.
When do the newly granted Nu Ride Inc. restricted stock units vest?
The 72,464 restricted stock units vest in two equal annual installments beginning on January 2, 2027.
What does each restricted stock unit of Nu Ride Inc. represent?
Each restricted stock unit represents a contingent right to receive one share of Nu Ride Inc.’s common stock.
What is the director’s relationship to HZ Investments LLC in the Nu Ride Inc. filing?
The reporting person is the managing member of HZ Investments LLC and has voting and dispositive power over its holdings, while disclaiming beneficial ownership except for his pecuniary interest.
Was the Nu Ride Inc. insider transaction filed for one or multiple reporting persons?
The document states that the Form 4 was filed by one reporting person, not by more than one reporting person.