Summary by Moomoo AI
John Kevin Andersen, associated with Mullen Automotive, was granted 2,857 shares of common stock on October 11, 2023, as per the latest SEC filings. These shares were acquired at no cost, indicating a grant or award. Following this transaction, Andersen's direct holdings in Mullen Automotive increased to 2,880 shares. A subsequent transaction on January 18, 2024, further increased Andersen's stake by 13,334 shares, also at no cost, bringing his total direct holdings to 16,214 shares. The transactions are reported to be in progress, and the total number of shares acquired through these grants is 16,191. The nature of these transactions suggests they are part of a compensation or incentive plan for Andersen's role at the company.