Form 4: Intuitive Machines SVP Timothy Price II Reports Stock Transaction
SEC Form 4 Filing
Timothy Price II, SVP and Chief Growth Officer at Intuitive Machines, reports disposition of shares to cover tax obligations.
Summary
- On April 11, 2024, Timothy Price II, SVP and Chief Growth Officer of Intuitive Machines, reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 16,190 shares at a price of $5.24 per share.
- Following the transaction, Price directly owns 362,810 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It does not necessarily reflect the overall performance or future prospects of Intuitive Machines but offers insight into the actions of a key executive.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
- The impact on other stakeholders (employees, customers, suppliers, creditors) is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 04/11/2024 | Date of stock transaction |
| 04/15/2024 | Date of signature for the report |
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