Form 4: Crain Timothy Price reports sale transactions in LUNR
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crain Timothy Price II reported open-market sale transactions in a Form 4 filing for LUNR. The filing lists transactions totaling 23,226 shares at a weighted average price of $17.44 per share. Following the reported transactions, holdings were 359,726 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,226 shares ($404,969)
Net Sell
1 txn
Insider
Crain Timothy Price II
Role
SVP & Chief Technology Officer
Sold
23,226 shs ($405K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 23,226 | $17.436 | $405K |
Holdings After Transaction:
Class A Common Stock — 359,726 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Intuitive Machines (LUNR) report for Timothy Price Crain II?
Timothy Price Crain II reported selling 23,226 shares of Intuitive Machines Class A common stock. The shares were sold at $17.436 each to cover tax withholding obligations related to vesting restricted stock units, and the transaction was not a discretionary sale decision by him.
Was the Intuitive Machines (LUNR) insider sale a discretionary transaction?
No, the sale was not a discretionary transaction by Timothy Price Crain II. The footnote explains the shares were sold solely to cover tax withholding obligations associated with the vesting of restricted stock units, indicating it was an automatic, tax-driven sale.
What is Timothy Price Crain II’s role at Intuitive Machines (LUNR)?
Timothy Price Crain II serves as senior vice president and chief technology officer at Intuitive Machines. His Form 4 filing reflects insider ownership and a tax-related sale connected to equity compensation, rather than a change in his executive position or responsibilities at the company.
What type of security was involved in the Intuitive Machines (LUNR) Form 4 transaction?
The transaction involved Intuitive Machines Class A common stock. An executive sold 23,226 shares at $17.436 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units, and continued to hold 359,726 shares directly after the sale.