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  4. [Form 4] NU RIDE INC. Insider Trading Activity

Nu Ride Inc. insider raises stake to 220,533 NRDE shares

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Nu Ride Inc. director reports open-market share purchases. A director of NU RIDE INC. (NRDE) bought 50,000 Class A common shares on 11/19/2025 at a weighted average price of $1.37, then 21,595 shares on 11/20/2025 at $1.42, and 28,405 shares on 11/21/2025 at $1.42. In total, 100,000 shares were acquired over three days in open-market purchases.

After these transactions, the director beneficially owned 220,533 Class A common shares, which the filing notes include restricted stock units. The price on 11/19/2025 is disclosed as a weighted average, with individual trades ranging from $1.365 to $1.37, and the director has agreed to provide detailed trade breakdowns upon request.

Positive

  • None.

Negative

  • None.
Insider Wartell Michael J.
Role Director
Bought 100,000 shs ($140K)
Type Security Shares Price Value
Purchase Class A Common Stock 28,405 $1.42 $40K
Purchase Class A Common Stock 21,595 $1.42 $31K
Purchase Class A Common Stock 50,000 $1.37 $69K
Holdings After Transaction: Class A Common Stock — 220,533 shares (Direct)
Footnotes (1)
  1. The reported price is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.365 to $1.37. 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. Includes restricted stock units.
Form 4 Insider Transactions: What Each Field Means →
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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)
11/19/2025
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 11/19/2025 P 50,000 A $1.37(1) 170,533(2) D
Class A Common Stock 11/20/2025 P 21,595 A $1.42 192,128(2) D
Class A Common Stock 11/21/2025 P 28,405 A $1.42 220,533(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 $1.365 to $1.37. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Alexander Matina, attorney-in-fact 11/21/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Nu Ride Inc. (NRDE) disclose in this Form 4?

The filing reports that a director of Nu Ride Inc. purchased Class A common stock in the open market on three dates in November 2025, totaling 100,000 shares across those transactions.

How many Nu Ride Inc. (NRDE) shares did the insider buy and at what prices?

The director bought 50,000 shares on 11/19/2025 at a weighted average price of $1.37, 21,595 shares on 11/20/2025 at $1.42, and 28,405 shares on 11/21/2025 at $1.42.

What is the insider's total beneficial ownership in Nu Ride Inc. after these trades?

Following the reported transactions, the director beneficially owned 220,533 shares of Nu Ride Inc. Class A common stock, and this figure includes restricted stock units.

How is the 11/19/2025 Nu Ride Inc. trade price described in the Form 4?

The $1.37 price on 11/19/2025 is a weighted average. The shares were bought in multiple trades at prices ranging from $1.365 to $1.37, and the director has agreed to provide the exact breakdown on request.

Does this Nu Ride Inc. (NRDE) Form 4 involve any derivative securities?

The section for derivative securities in the filing does not list any derivative transactions; the reported activity relates to non-derivative Class A common stock.

What is the reporting person’s relationship to Nu Ride Inc. in this Form 4?

The reporting person is identified as a director of Nu Ride Inc., and the Form 4 is noted as being filed by one reporting person.