Intuitive Machines SVP sells shares for tax withholding
Intuitive Machines SVP & CTO Timothy Price Crain II reported a non-discretionary sale of shares to cover taxes.
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Rhea-AI Filing Summary
Intuitive Machines SVP & CTO Timothy Price Crain II reported a non-discretionary sale of shares to cover taxes. He sold 8,447 shares of Class A Common Stock at $23.608 per share in connection with the vesting of restricted stock units, specifically to satisfy tax withholding obligations. After this tax-related sale, he directly holds 351,279 shares of Intuitive Machines common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,447 | $23.608 | $199K |
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
Form 4 regulatory
FAQ
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What did Intuitive Machines (LUNR) executive Timothy Price Crain II report in this Form 4?
Was the Intuitive Machines (LUNR) insider transaction a discretionary sale?
What is the role of Timothy Price Crain II at Intuitive Machines (LUNR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.