Wartell Michael J. 4

What Happened Michael J. Wartell, a director of NU RIDE Inc. (NRDE), purchased 6,548 shares in open-market transactions on February 13, 2026. The reported weighted-average price was $1.59 per share (range $1.55–$1.60), for a total consideration of approximately $10,411. This was a purchase (transaction code P).

Key Details

• Transaction date: 2026-02-13 (filed with the SEC on 2026-02-18; filing is within the required two business-day window given the Presidents' Day holiday).
• Price: weighted average $1.59; purchases executed at prices ranging from $1.55 to $1.60 (see footnote F1).
• Shares acquired: 6,548; total value ≈ $10,411.
• Shares owned after transaction: not specified in the supplied excerpt of the filing.
• Footnotes: F1 notes the reported price is a weighted average with per-trade prices in the $1.55–$1.60 range; F2 indicates any reported ownership totals include restricted stock units (RSUs).
• Transaction type: Open-market purchase (P).

Context Purchases by directors can be informative for investors because they represent insider buying, though this particular acquisition is modest in dollar size (~$10k). The filing appears timely. No options exercises, gifts, or tax-withholding transactions were reported in the provided excerpt.