He sold 1.2 million shares on August 20th and has 910,919 shares remaining according to this article.

    Tough scenes

    https://finance.yahoo.com/news/intuitive-machines-inc-lunr-ceo-230224651.html

    Posted by EntrepreneurOk866

    29 Comments

    1. 💀

      EDIT: he still has like 15 million class C shares per the filing OP linked, so less 💀-y

    2. Form 4 it was obvious. Was today too. Big nothing though, stock ran 30% it’s a smart move, probably just prints himself another million. I’m in it for the squeeze not the story. Doesn’t seem to have anything materially great going on, and big hoorah was satellite sent to the moon that had a stroke and remains twitching on its side. Like it for a squeeze though.

    3. So he isn’t allowed to blow off some stream with hookers and blow?

      Seems WSB should be proud of him!

    4. ManyCommunications on

      WSB regards would read this and immediately buy calls expiring as soon as possible with the furthest out strike price

    5. Speaker_Salty on

      He redeemed 1.3m common units which converted to stock and were sold. He still owns 16.8m common units after the transaction. Edit: and it seems he also still owns 15.1m class C shares and 900k class A shares.

    6. Because we’re all regards, everyone here will say this is bullish and calls ![img](emote|t5_2th52|18630)

    7. CEO still has 15 MILLION Class C shares. He isn’t “dumping”. Stupid fucking article author…journalism is dying

    8. BVB_TallMorty on

      He filed a 10b5-1 on March 22, 2024. This article is trash. This is not pump and dump selling, it was a planned stock sell that all executives do and he did it when the share price was much lower, well before the recent pump

      He also still has 15M class C shares, this article and post are just straight up misinformation

      [Here](https://www.sec.gov/Archives/edgar/data/1844452/000121390024071863/xslF345X01/ownership.xml) is the actual filing

      The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.64 to $5.095, inclusive

    9. Kooky_Lime1793 on

      I can see it now. The announcement everyone is waiting for about the defense contract will be a ‘buy the rumor sell the news’ event. 

    10. Not news Jensen sold what would be worth billions in the early 2000’s.

      These moves are planed in advance and OP doesn’t get it.

    11. Downvoting because I have too many shares for a lot of people to see this post and start selling tomorrow. Please downvote with me reddit community

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