Replies to post #8385 on NU Ride Inc (NRDE)

[Saving Grace]

OK, you're right, Andrew Sole's 1.2 million purchase was a cash purchase but the other directors were in fact grants. My mistake, after doing the math. You nailed it. Thanks for clearing that up. Peace <><

This is not a stock purchase, but a grant. Look at the form 4. They acquired 52,747 shares. The closing price on May 13 was $1.82. Let's see, $1.82 times 52,747 is $95,999.54. That's the stock grant that they received, which vests quarterly. By some amazing coincidence, that's what the Form 4 says! The $95,999.54 matches up with the $96 000 from the 8-K as well. So, far, this company is being transparent.