Stephen S. Burns, 10% Owner at Lordstown Motors Corp. (RIDE), sold 3,919,000 shares at $1.73 ($7.0M) on 2022-11-14, disclosed to the SEC on 2022-11-15.
Open-market sale of $7.0M RIDE by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.85 | 2,100,000 | $3.9M | 55.5% |
| 2 | $1.73 | 650,000 | $1.1M | 16.1% |
| 3 | $1.70 | 1,169,000 | $2.0M | 28.4% |
| Total | $1.79 avg | 3,919,000 | $7.0M | 100% |
| Filing → |
| RIDE | SELL | 2022-03-03 | $6.1M | — | Filing → |
| RIDE | SELL | 2022-03-02 | $13.5M | — | Filing → |
| RIDE | SELL | 2021-11-16 | $18.8M | — | Filing → |