Crain Timothy Price II 4
Research Summary
AI-generated summary
Intuitive Machines (LUNR) SVP & CTO Timothy Crain Sells Shares
What Happened
- Timothy Crain, SVP & CTO of Intuitive Machines, reported a sale of 8,447 shares on 2026-04-15 at $23.61 per share, for a total of $199,417. The filing shows this disposition was to cover tax withholding on vested restricted stock units (RSUs), not a discretionary sale.
Key Details
- Transaction date and price: 2026-04-15 — 8,447 shares @ $23.61.
- Total proceeds: $199,417.
- Shares owned after transaction: not provided in the information supplied.
- Footnote: Sale was to satisfy tax withholding related to RSU vesting and was not a discretionary trade (F1).
- Filing: Report filed 2026-04-16 (appears timely based on the reported transaction date).
- Transaction type code: S (Sale); related withholding noted (F/Tax withholding).
Context
- This sale was a common, non-discretionary tax-withholding sale tied to RSU vesting and does not necessarily reflect the insider’s view on the company’s prospects. Retail investors typically consider purchases more informative about insider sentiment; routine withholding sales are administrative.