Intuitive Machines CEO covers taxes with share sale
Intuitive Machines CEO Stephen J. Altemus reported the sale of 13,751 shares of Class A Common Stock at $23.608 per share.
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Rhea-AI Filing Summary
Intuitive Machines CEO Stephen J. Altemus reported the sale of 13,751 shares of Class A Common Stock at $23.608 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations arising from the vesting of restricted stock units and are not a discretionary trade. After this tax-related sale, he continues to hold 1,162,495 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,751 | $23.608 | $325K |
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
Class A Common Stock financial
open-market sale financial
non-derivative financial
FAQ
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What did Intuitive Machines (LUNR) CEO Stephen Altemus report in this Form 4?
What type of security did the Intuitive Machines (LUNR) Form 4 transaction involve?
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