{"url_path":"/sec/nrde/8-k/2026-06-30/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 ** **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/1759546/0001493152-26-031290-index.html","accession_number":"0001493152-26-031290","cik":"0001759546","ticker":"NRDE","issuer_name":"Stark Novus Financial Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1759546/0001493152-26-031290-index.html","primary_entity_key":"0001759546","primary_entity_name":"NU RIDE INC."},"word_count":566,"has_tables":true,"body_markdown":"**Item 5.02** **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\nOn\nJune 30, 2026, upon the recommendation of the Corporate Governance and Nominating Committee, the board of directors (the “Board”)\nof Nu Ride Inc. (the “Company”) elected Paul W. Burkett as a director, effective July 1, 2026. Mr. Burkett will serve as\na Class II director and will stand for election at the Company’s 2026 Annual Meeting of Stockholders. Mr. Burkett was appointed\nas a member of the Audit Committee, Corporate Governance and Nominating Committee and Transaction Committee of the Board. The Board has\ndetermined that Mr. Burkett qualifies as an independent director under the NASDAQ listing standards. Mr. Burkett will be compensated\nfor his service on the Board in accordance with the Company’s non-employee director compensation arrangements as described in the\nCompany’s Amendment No.1 to the Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on April 29, 2026.\n\n \n\nMr.\nBurkett has served as Chief Executive Officer of Snoaspen Insurance Group, Inc., located in Reno, Nevada, since August 1995, where he\nprovides risk management consulting, insurance policy and program audit services, and expert witness opinions and testimony on insurance\ncoverage, claims handling, underwriting, and insurance company matters for both plaintiff and defense counsel. Mr. Burkett also served\nas Principal and Chief Operating Officer of TUITIONGard®, Ltd. from 1997 to 2006, where he was responsible for underwriting and claims\nhandling functions, and drafted the company’s insurance contract and related endorsements. He also served as President and CEO\nof Meadowbrook Insurance Group of Colorado from 1992 to 2006, where among other things he assisted in developing underwriting and claims\nhandling manuals for alternative insurance programs. Earlier in his career, Mr. Burkett held various management positions in underwriting,\nrisk management, loss control, and insurance marketing, including as Vice President and Manager of the Risk Management Services Department\nat Frank B. Hall & Co. in Colorado, and in several senior management roles at SAFECO Insurance Company in California and Colorado.\nSince 2022, Mr. Burkett has served as an Adjunct Professor at the University of Nevada, Reno, teaching an upper-division Life and Health\nInsurance course in the Business College. Mr. Burkett is a licensed risk management consultant and licensed insurance producer for property,\ncasualty, life and health insurance in Nevada. He earned his J.D. from Concord Law School, Purdue University Global, in 2007, and holds\na B.A. in International Relations from the University of Minnesota, and is a veteran of the United States Air Force.\n\n \n\nThere\nis no arrangement or understanding between Mr. Burkett and any other persons pursuant to which Mr. Burkett was selected as a director,\nand there are no transactions that require disclosure under Item 404(a) of Regulation S-K as a result of his appointment to the Board.\n\n \n\nIn\naddition, on June 26, 2026, Michael J. Wartell tendered his resignation from the Board, effective as of June 30, 2026. There are no disagreements\nbetween Mr. Wartell and the Company relating to the Company’s operations, policies or practices that resulted in Mr. Wartell’s\ndecision to resign.\n\n \n\n \n\n \n\n \n\n**SIGNATURES**\n\n \n\nPursuant\nto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by\nthe undersigned hereunto duly authorized.\n\n \n\n \n**NU\nRIDE INC.**\n\n \n \n \n\n \nBy:\n*/s/\nAlexander Matina*\n\n \nName:\nAlexander\nMatina\n\nDate:\nJune 30, 2026\nTitle:\nChief\nExecutive Officer"}