$Intuitive Machines (LUNR.US)$ 10% Shareholder Ghaffarian Kamal Seyed sold 1.01 million shares of common stock on Sep 23, 2024 at an average price of $8.3144 for a total value of $8.38 million.
This transaction involves other related parties: Ghaffarian Enterprises, LLC, GM Enterprises, LLC and Intuitive Machines KG Parent, LLC.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.