SPCX director reports Class A and B share holdings
SPACE EXPLORATION TECHNOLOGIES CORP director Ira Matthew Ehrenpreis filed a Form 3 reporting existing indirect holdings in the company.
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Form Type
3
Rhea-AI Filing Summary
SPACE EXPLORATION TECHNOLOGIES CORP director Ira Matthew Ehrenpreis filed a Form 3 reporting existing indirect holdings in the company. A trust associated with him holds 809,050 shares of Class A Common Stock and 564,650 shares of Class B Common Stock. Each Class B share is convertible into one Class A share with no expiration and generally converts automatically into Class A upon a sale of that Class B share or its legal or beneficial interest.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ehrenpreis Ira Matthew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 564,650 contracts (Indirect, By Trust);
Class A Common Stock — 809,050 shares (Indirect, By Trust)
Footnotes (1)
- F1. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock and has no expiration date. In addition, subject to certain exceptions, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any sale of such share of Class B Common Stock or any legal or beneficial interest in such share.
Key Figures
Indirect Class A holdings: 809,050 shares
Indirect Class B holdings: 564,650 shares
Class B conversion ratio: 1 Class B share to 1 Class A share
+1 more
4 metrics
Indirect Class A holdings
809,050 shares
Class A Common Stock held indirectly by trust after Form 3 event
Indirect Class B holdings
564,650 shares
Class B Common Stock held indirectly by trust after Form 3 event
Class B conversion ratio
1 Class B share to 1 Class A share
Each Class B share convertible into one Class A share at holder’s option
Class B underlying Class A
564,650 shares
Class A shares underlying Class B position as disclosed in derivative summary
Key Terms
Class A Common Stock, Class B Common Stock, convertible, beneficial interest, +1 more
5 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"security_title: "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
convertible financial
"Each share of Class B Common Stock is convertible at any time at the option of the holder"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
beneficial interest financial
"upon any sale of such share of Class B Common Stock or any legal or beneficial interest in such share"
Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership: "By Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position did Ira Matthew Ehrenpreis report in SPACE EXPLORATION TECHNOLOGIES CORP (SPCX)?
Ehrenpreis reported existing indirect holdings through a trust, not a new trade. The trust holds Class A and Class B shares, establishing his initial beneficial ownership position in SPCX as a director under SEC Form 3 disclosure requirements.
What Class B Common Stock holdings were disclosed for SPCX on this Form 3?
The filing shows 564,650 shares of SPCX Class B Common Stock indirectly held by a trust. These shares are separate from the Class A position and carry distinct conversion rights into Class A Common Stock under the company’s capital structure.
Does the SPCX Form 3 show any insider buying or selling activity?
The Form 3 does not report insider buying or selling transactions. It only lists existing indirect holdings in SPCX Class A and Class B Common Stock by a trust, serving as an initial ownership statement for the reporting director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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