Form 4: Kamal Seyed Ghaffarian Reports Transactions in Intuitive Machines, Inc. (LUNR) Warrants
SEC Form 4
Kamal Seyed Ghaffarian, a director and 10% owner of Intuitive Machines, Inc., reported transactions involving Series A and Series B warrants.
Summary
- On May 31, 2024, Kamal Seyed Ghaffarian reported transactions related to Intuitive Machines, Inc. warrants.
- The transactions involved Series A and Series B warrants.
- Ghaffarian, along with Ghaffarian Enterprises, LLC, GM Enterprises, LLC, and Intuitive Machines KG Parent, LLC, filed the report.
- Ghaffarian may be deemed to share beneficial ownership of the securities held by these entities but disclaims beneficial ownership except to the extent of his pecuniary interest.
- The warrants are presently exercisable for shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings and activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a significant shareholder and director.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction |
| 01/29/2029 | Expiration date of Series A Warrant |
| 07/29/2025 | Expiration date of Series B Warrant |
| 06/04/2024 | Date of signature |
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