Lordstown Motors Executives Sold $8 Million of Stock Before Bad News Broke episode artwork

EPISODE · Jun 23, 2021 · 11 MIN

Lordstown Motors Executives Sold $8 Million of Stock Before Bad News Broke

from Patrick Boyle On Finance · host Patrick Boyle

Send us a textMembers of the leadership team at Lordstown Motors appear to have sold large amounts of company stock just before reports of various troubles at the company became public. Five top Lordstown executives—including president Rich Schmidt, now former chief financial officer Julio Rodriguez, and propulsion head Chuan "John" Vo—sold some of their shares worth a total of more than $8 million in early February when the stock was worth around $24 a share. Today, it's worth around $10.Pat...

Episode metadata supplied by the publisher feed · Published Jun 23, 2021

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Lordstown Motors Executives Sold $8 Million of Stock Before Bad News Broke

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