Form 4: Space Exploration Technologies COO Sells Shares

Sentiment:

Insider Transaction (Form 4)


Gwynne Shotwell, President and COO and a Director of Space Exploration Technologies Corp, sold 342,170 shares of common stock on April 18, 2026.

Summary

  • Option exercise/conversion: acquired 138,900 Class A Common Stock at $8.40 ($1,166,732) on April 18, 2026; holds 2,397,625 after (Direct).
  • Option exercise/conversion: acquired 74,410 Class A Common Stock at $11.20 ($833,392) on April 18, 2026; holds 2,472,035 after (Direct).
  • Option exercise/conversion: acquired 138,900 Class A Common Stock at $8.40 ($1,166,732) on September 22, 2026; holds 2,610,935 after (Direct).
  • Option exercise/conversion: acquired 74,405 Class A Common Stock at $11.20 ($833,336) on September 22, 2026; holds 2,685,340 after (Direct).
  • Option exercise/conversion: acquired 128,865 Class A Common Stock at $19.40 ($2,499,981) on September 22, 2026; holds 2,814,205 after (Direct).
  • Open-market sale: disposed of 12,500 Class A Common Stock at $151.15 ($1,889,394) on September 22, 2026; holds 2,801,705 after (Direct).
  • Open-market sale: disposed of 7,600 Class A Common Stock at $151.93 ($1,154,647) on September 22, 2026; holds 2,794,105 after (Direct).
  • Open-market sale: disposed of 145,809 Class A Common Stock at $153.27 ($22,348,568) on September 22, 2026; holds 2,648,296 after (Direct).
  • Open-market sale: disposed of 151,844 Class A Common Stock at $153.95 ($23,376,095) on September 22, 2026; holds 2,496,452 after (Direct).
  • Open-market sale: disposed of 24,417 Class A Common Stock at $154.72 ($3,777,788) on September 22, 2026; holds 2,472,035 after (Direct).
  • Option exercise/conversion: disposed of 138,900 Option to Buy (Class A Common Stock) on April 18, 2026; holds 194,450 after (Direct).
  • Option exercise/conversion: disposed of 74,410 Option to Buy (Class A Common Stock) on April 18, 2026; holds 104,165 after (Direct).
  • Option exercise/conversion: disposed of 138,900 Option to Buy (Class A Common Stock) on September 22, 2026; holds 55,550 after (Direct).
  • Option exercise/conversion: disposed of 74,405 Option to Buy (Class A Common Stock) on September 22, 2026; holds 29,760 after (Direct).
  • Option exercise/conversion: disposed of 128,865 Option to Buy (Class A Common Stock) on September 22, 2026; holds 489,695 after (Direct).

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $52,546,493 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.

Insider Transactions

Gwynne Shotwell — Director, Officer (President and COO)

Transaction made under a Rule 10b5-1 trading plan.

DateTransactionSecuritySharesPriceValueHeld After
2026-04-18Option exercise/conversionClass A Common Stock138,900$8$1.2M2,397,625
2026-04-18Option exercise/conversionClass A Common Stock74,410$11$833.4K2,472,035
2026-09-22Option exercise/conversionClass A Common Stock138,900$8$1.2M2,610,935
2026-09-22Option exercise/conversionClass A Common Stock74,405$11$833.3K2,685,340
2026-09-22Option exercise/conversionClass A Common Stock128,865$19$2.5M2,814,205
2026-09-22Open-market saleClass A Common Stock12,500$151$1.9M2,801,705
2026-09-22Open-market saleClass A Common Stock7,600$152$1.2M2,794,105
2026-09-22Open-market saleClass A Common Stock145,809$153$22.3M2,648,296
2026-09-22Open-market saleClass A Common Stock151,844$154$23.4M2,496,452
2026-09-22Open-market saleClass A Common Stock24,417$155$3.8M2,472,035
2026-04-18Option exercise/conversionOption to Buy (Class A Common Stock)138,900——194,450
2026-04-18Option exercise/conversionOption to Buy (Class A Common Stock)74,410——104,165
2026-09-22Option exercise/conversionOption to Buy (Class A Common Stock)138,900——55,550
2026-09-22Option exercise/conversionOption to Buy (Class A Common Stock)74,405——29,760
2026-09-22Option exercise/conversionOption to Buy (Class A Common Stock)128,865——489,695

Key Dates

DateDescription
2026-04-18Option exercise/conversion (138,900 shares)
2026-04-18Option exercise/conversion (74,410 shares)
2026-09-22Option exercise/conversion (138,900 shares)
2026-09-22Option exercise/conversion (74,405 shares)
2026-09-22Option exercise/conversion (128,865 shares)
2026-09-22Open-market sale (12,500 shares)
2026-09-22Open-market sale (7,600 shares)
2026-09-22Open-market sale (145,809 shares)
2026-09-22Open-market sale (151,844 shares)
2026-09-22Open-market sale (24,417 shares)
2026-04-18Option exercise/conversion (138,900 shares)
2026-04-18Option exercise/conversion (74,410 shares)
2026-09-22Option exercise/conversion (138,900 shares)
2026-09-22Option exercise/conversion (74,405 shares)
2026-09-22Option exercise/conversion (128,865 shares)

Keywords

insider transaction, Form 4, SPCX, SPACE EXPLORATION TECHNOLOGIES CORP, bearish, Gwynne Shotwell

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