Summary by Futu AI
Mark Hanchett, CEO of Nxu Inc. (NXU), engaged in a planned transaction involving the sale of 19,650 shares of Class A Common Stock on October 19, 2023. The shares were sold at a price of $0.04 each, resulting in a total market value of $786. Following this transaction, Hanchett's direct holdings in Nxu Inc. amount to 26,962,888 shares. This sale follows a previous acquisition of 66,667 shares on September 15, 2023, under a grant, award, or other acquisition. The transactions occurred between September 15, 2023, and October 19, 2023, and are part of a planned series of transactions by the CEO.