Form 4: Nu Ride Director Boosts Stake with Stock Purchases

Nu Ride Inc. Director and 10% Owner Alexandre Zyngier increased his beneficial ownership of Class A Common Stock through recent open market purchases.

Summary

• Alexandre Zyngier, a Director and 10% Owner of Nu Ride Inc. (NRDE), reported changes in his beneficial ownership of the company's Class A Common Stock.
• On November 18, 2025, 10,156 shares of Class A Common Stock were acquired at a price of $1.35 per share.
• On November 19, 2025, an additional 47,096 shares of Class A Common Stock were acquired at a price of $1.36 per share.
• These acquisitions were made indirectly through HZ Investments LLC, an entity where Alexandre Zyngier serves as the managing member.
• Following these transactions, HZ Investments LLC beneficially owns a total of 249,728 shares of Class A Common Stock.
• Alexandre Zyngier also directly holds 120,533 restricted stock units.
• The filing notes that 2 shares of Class A Common Stock were inadvertently omitted from prior filings and are now included.
• A Power of Attorney was executed on November 20, 2025, appointing Alexander Matina, John Bessonette, and Amanda Grimes as attorneys-in-fact to handle Alexandre Zyngier's SEC filings.

Sentiment

Score: 7

Explanation: The insider buying by a Director and 10% Owner suggests a positive outlook on the company's value and future performance, indicating confidence from a key stakeholder.

Positives

• A Director and 10% Owner, Alexandre Zyngier, increased his stake in Nu Ride Inc. by acquiring 57,252 shares of Class A Common Stock, signaling confidence in the company's future.
• The insider buying activity by a significant stakeholder can be interpreted as a positive indicator for the company's prospects.

Future Outlook

This filing does not contain any explicit forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

Insider buying, particularly by a director and significant shareholder, is often viewed by the market as a signal of management's belief in the company's intrinsic value and future prospects, potentially indicating undervaluation or anticipated positive developments.

Corporate Governance

Related Party Transactions

• Alexandre Zyngier, a Director and 10% Owner, acquired shares indirectly through HZ Investments LLC, an entity where he is the managing member, making these related party transactions.

Stakeholder Impact

• Shareholders may view the insider buying as a positive signal, potentially increasing investor confidence in the company's future prospects.

Next Steps

• Alexandre Zyngier will continue to be required to file Forms 4 or 5 as long as he remains subject to Section 16 reporting requirements for Nu Ride Inc. securities.

Key Dates

Recommendation

The insider buying by a Director and 10% Owner, Alexandre Zyngier, indicates management's confidence in Nu Ride Inc.'s future prospects. However, this filing primarily reports ownership changes and does not provide detailed financial performance or strategic updates necessary for a definitive 'buy' or 'sell' recommendation. Investors should consider this positive signal in conjunction with the company's broader financial health and market conditions.

Keywords

Nu Ride Inc., NRDE, insider trading, beneficial ownership, Form 4, stock purchase, director, 10% owner, Class A Common Stock, HZ Investments LLC