SEC FILLINGS DISCLOSED/ Nov 18, $INFLECTION PT ACQUISITION CORP C/WTS (TO PUR COM) (IPAXW.US)$、$Intuitive Machines (LUNR.US)$、$INTUITIVE MACHINES INC C/WTS 13/02/2028 (TO PUR COM) (LUNRW.US)$ Insider Ghaffarian Enterprises LLC intends to sell 2.02 million shares of its common stock on Nov 18, with a total market value of approximately $24.73 million.
Ghaffarian Enterprises LLC 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 2.52 million shares since Aug 20, 2024, with a total value of approximately $18.94 million.
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.
