Intuitive Machines CFO sells shares for tax withholding
Intuitive Machines, Inc. senior vice president and CFO Peter McGrath disposed of 24,554 shares of Class A common stock at an average price of $23.608 per share.
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Rhea-AI Filing Summary
Intuitive Machines, Inc. senior vice president and CFO Peter McGrath disposed of 24,554 shares of Class A common stock at an average price of $23.608 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations tied to vesting restricted stock units and did not represent a discretionary transaction. Following the sale, McGrath directly holds 401,246 shares of Intuitive Machines Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 24,554 | $23.608 | $580K |
Footnotes (1)
- F1. The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale does not represent a discretionary transaction by the Reporting Person.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
open-market sale financial
Reporting Person financial
FAQ
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What did Intuitive Machines (LUNR) CFO Peter McGrath report in this Form 4?
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