Form 4 | Intuitive Machines, Inc. CEO Stephen J Altemus sold 487331 Shares.
Filings Track
01/21
Intuitive Machines, Inc. CEO Stephen J Altemus conducted multiple transactions on January 15 and January 16. On January 15, Mr. Altemus sold 428503 shares of Class A Common Stock at a weighted average price of $20.0638. Additionally, on January 16, he sold 58728 shares of Class A Common Stock at a weighted average price of $20.033. Intensive share reduction by executives usually implies that the company's current stock price might be overvalued, which can be regarded as a bearish signal.