Form 144 | Intuitive Machines(LUNR.US) Officer Proposes to Sell 4.52 Million in Common Stocks

Moomoo News · Nov 14, 2024 06:24

SEC FILLINGS DISCLOSED/ Nov 13, $INFLECTION PT ACQUISITION CORP C/WTS (TO PUR COM) (IPAXW.US)$、$Intuitive Machines (LUNR.US)$、$INTUITIVE MACHINES INC C/WTS 13/02/2028 (TO PUR COM) (LUNRW.US)$ Officer Timothy Price Crain, II intends to sell 400K shares of its common stock on Nov 13, with a total market value of approximately $4.52 million.

Timothy Price Crain, II has reduced shareholding in $INFLECTION PT ACQUISITION CORP C/WTS (TO PUR COM) (IPAXW.US)$、$Intuitive Machines (LUNR.US)$、$INTUITIVE MACHINES INC C/WTS 13/02/2028 (TO PUR COM) (LUNRW.US)$ by 1.03 million shares since Aug 15, 2024, with a total value of approximately $6.29 million.

Source: Announcement

What is Form 144?

Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.

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Form 144 | Intuitive Machines(LUNR.US)高管拟出售40万股股份，价值约452万美元

Form 144 | Intuitive Machines(LUNR.US) Officer Proposes to Sell 4.52 Million in Common Stocks

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