Intuitive Machines (NASDAQ: LUNR) affiliate notifies planned sale of Class A shares

Rhea-AI Filing Summary

Intuitive Machines affiliate filed a Form 144 disclosing proposed sales of Class A Common shares. The filing lists broker-dealer J.P. Morgan Securities LLC and shows several lots tied to conversions and warrant exercises: 750,000 shares from a conversion on 02/10/2023 and 858,920 shares from a warrant exercise on 02/05/2025. The cover data shows numeric entries including 1,608,000, 54,039,412, and 160,452,309 alongside 05/18/2026 and a NASDAQ listing reference.

Insights

Capital Markets Attorney

Form 144 notifies the market of proposed affiliate sales of common stock.

Form 144 provides notice under the Securities Act for proposed sales by an affiliate; it does not itself execute trades. The filing lists broker-dealer J.P. Morgan Securities LLC and specific lots tied to a conversion and a warrant exercise with dates.

Timing and actual execution depend on subsequent transactions and resale mechanics; subsequent transaction reports or trade confirmations would show completion.

Equity Capital Markets Analyst

The filing shows material lot sizes but not aggregate proceeds or execution status.

The entry-level items include 750,000 shares (conversion) and 858,920 shares (warrant exercise). The cover shows larger numeric fields that may represent registration or share tallies; the filing excerpt does not tie those numbers explicitly to proceeds.

Investor impact depends on whether and when these registered shares are sold into the market; the filing itself signals potential supply but not actual sales.

Key Figures

Conversion shares: 750,000 shares Warrant-exercise shares: 858,920 shares Broker-dealer: J.P. Morgan Securities LLC +2 more

5 metrics

Conversion shares 750,000 shares conversion dated 02/10/2023

Warrant-exercise shares 858,920 shares warrant exercise dated 02/05/2025

Broker-dealer J.P. Morgan Securities LLC listed on filing cover (270 Park Avenue address)

Cover date 05/18/2026 date shown on cover data

Cover numeric entries 1,608,000; 54,039,412; 160,452,309 numeric fields shown on cover data alongside NASDAQ

Key Terms

Form 144, warrant exercise, conversion, broker-dealer

4 terms

Form 144 regulatory

"Form 144 disclosing proposed sales of Class A Common shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

warrant exercise financial

"Warrant Exercise Intuitive Machines, LLC 858920 02/05/2025 Cash"

A warrant exercise is when the holder of a warrant pays a preset price to convert that warrant into actual company shares. Think of it like using a coupon to buy a product at a locked-in price; if the market price is higher, the buyer gains immediate value. For investors it matters because exercising brings cash into the company but also increases the total number of shares, which can reduce each existing shareholder’s ownership percentage and affect the stock price.

conversion financial

"Shares of Inflection Point Acquisition Corp converted into Intuitive Machines 750000 02/10/2023"

Conversion is the exchange of one type of financial instrument for another, most commonly turning convertible bonds or preferred shares into common stock. It matters to investors because conversion changes the number of outstanding shares and ownership stakes—like trading a coupon for a slice of a company—potentially reducing each existing owner's portion, affecting per-share earnings, voting power and the market value of the stock.

broker-dealer regulatory

"J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	1608000	54039412	160452309	05/18/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	02/10/2023	Shares of Inflection Point Acquisition Corp converted into Intuitive Machines	Intuitive Machines, LLC			750000	02/10/2023	Cash
Class A Common	02/05/2025	Warrant Exercise	Intuitive Machines, LLC			858920	02/05/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for LUNR indicate?

It indicates a proposed sale of Class A Common shares by an affiliate. The filing lists specific lots including 750,000 and 858,920 shares tied to conversion and warrant exercise dates.

Who is the broker-dealer named in the LUNR Form 144?

The broker-dealer listed is J.P. Morgan Securities LLC. The filing shows an address at 270 Park Avenue and associates that broker with the proposed sale transactions.

Do the listed dates show when shares were converted or exercised?

Yes. The filing lists a conversion dated 02/10/2023 for 750,000 shares and a warrant exercise dated 02/05/2025 for 858,920 shares, as recorded in the excerpt.

Does Form 144 confirm that the shares were sold?

No. Form 144 is a notice of proposed sale by an affiliate and does not confirm execution. Actual sale execution would be reported separately by trade confirmations or subsequent filings.

What do the cover numbers like 160452309 and 54039412 mean?

Those numeric entries appear on the cover data in the excerpt but the filing excerpt does not attach explicit labels; they are presented alongside 05/18/2026 and NASDAQ. The excerpt does not define their specific meanings.