SpaceX President Gwynne Shotwell exercises options and sells $52.5 million of stock
SpaceX President and Chief Operating Officer Gwynne Shotwell sold 342,170 Class A shares on Sept. 22 after exercising stock options on the same number of shares, according to a Form 4 filed Sept. 24.
The options carried exercise prices of $8.40, $11.20 and $19.40 a share. The stock sold at weighted-average prices between about $151.15 and $154.72, for proceeds of roughly $52.5 million, an IDD calculation from the reported prices.
The filing says the transactions were made under a Rule 10b5-1 trading plan Shotwell adopted on June 23, 2026. Shotwell is also a SpaceX director.
After the sale, she held 2,472,035 Class A shares directly, plus 1,556,005 and 1,556,055 shares in two 2021 exempt trusts. Some of her remaining options keep vesting monthly through Nov. 15, 2029, the filing says.
By the numbers
- Options exercised and shares sold Sept. 22: 342,170
- Exercise prices: $8.40, $11.20 and $19.40
- Approximate sale proceeds: $52.5 million
- Held directly afterward: 2,472,035 Class A shares
Sources
- Space Exploration Technologies Corp. Form 4 (Gwynne Shotwell), filed Sept. 24, 2026, accession 0001628280-26-063378
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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