Stephen S. Burns, 10% Owner at Lordstown Motors Corp. (RIDE), sold 4,760,000 shares at $1.97 ($9.2M) on 2022-11-08, disclosed to the SEC on 2022-11-10.
Open-market sale of $9.2M 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 | $1.97 | 4,205,000 | $8.3M | 89.8% |
| 2 | $1.70 | 555,000 | $944K | 10.2% |
| Total | $1.94 avg | 4,760,000 | $9.2M | 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 → |