Form 4: Intuitive Machines Officer Steven Vontur Sells 946 Shares of Class A Common Stock
SEC Form 4
Steven Vontur, Chief Accounting Officer and Controller of Intuitive Machines, Inc., sold 946 shares of Class A Common Stock on December 17, 2024, at a price of $13 per share.
Summary
- On December 17, 2024, Steven Vontur, the Chief Accounting Officer and Controller of Intuitive Machines, Inc. (LUNR), sold 946 shares of Class A Common Stock.
- The sale was executed at a price of $13 per share.
- Following the transaction, Vontur directly owns 115,336 shares of Class A Common Stock.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This is a routine disclosure of a stock sale by a company officer, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The sale of shares by a company officer could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the relatively small number of shares sold and the pre-planned nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| September 12, 2024 | Date of adoption of Rule 10b5-1 plan by the Reporting Person |
| December 17, 2024 | Date of transaction (sale of shares) |
| December 19, 2024 | Date of signature on the Form 4 filing |
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