Intuitive Machines (NASDAQ: LUNR) investors back board slate and 2026 auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Intuitive Machines, Inc. held its Annual Meeting of Stockholders on June 4, 2026, where shareholders voted on board elections and auditor ratification. Two Class III directors, Dr. Kamal Ghaffarian and Stephen Altemus, were elected for terms expiring in 2029. Dr. Ghaffarian received 195,999,331 votes for and 22,328,731 votes against, with 28,971,750 broker non-votes, while Mr. Altemus received 207,762,049 votes for and 10,566,013 votes against, with the same broker non-votes. Shareholders also ratified Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 246,639,121 votes for, 280,218 against, and 380,473 abstentions.
Positive
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Negative
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Ghaffarian: 195,999,331 votes
Votes against Ghaffarian: 22,328,731 votes
Votes for Altemus: 207,762,049 votes
+5 more
8 metrics
Votes for Ghaffarian
195,999,331 votes
Class III director election at June 4, 2026 annual meeting
Votes against Ghaffarian
22,328,731 votes
Class III director election at June 4, 2026 annual meeting
Votes for Altemus
207,762,049 votes
Class III director election at June 4, 2026 annual meeting
Votes against Altemus
10,566,013 votes
Class III director election at June 4, 2026 annual meeting
Broker non-votes directors
28,971,750 votes
Broker non-votes on director election proposal
Votes for auditor ratification
246,639,121 votes
Grant Thornton LLP ratification for FY ending Dec. 31, 2026
Votes against auditor ratification
280,218 votes
Grant Thornton LLP ratification for FY ending Dec. 31, 2026
Abstentions on auditor ratification
380,473 votes
Grant Thornton LLP ratification for FY ending Dec. 31, 2026
Key Terms
Annual Meeting of Stockholders, Class III director, broker non-votes, independent registered public accounting firm, +1 more
5 terms
Annual Meeting of Stockholders financial
"The Annual Meeting of Stockholders of Intuitive Machines Inc. was held on June 4, 2026."
Class III director financial
"Class III director nominees were elected for a term expiring in 2029."
A Class III director is a board member placed in one of the numbered groups used by companies with a staggered (or “classified”) board; that director’s seat typically comes up for election in the third year of a three-year rotation. For investors this matters because staggered terms create continuity but also make it harder to replace the whole board quickly, affecting shareholder influence, takeover dynamics and how fast new strategy or accountability can be implemented — like replacing only some players on a sports team each season instead of the whole roster at once.
broker non-votes financial
"Stephen Altemus | 207,762,049 | 10,566,013 | 28,971,750"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"Grant Thornton LLP was ratified as our independent registered public accounting firm for the fiscal year ending December 31, 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
emerging growth company regulatory
"Emerging growth company x"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
Which directors were elected at Intuitive Machines’ 2026 annual stockholder meeting and for how long?
Shareholders elected Class III director nominees Dr. Kamal Ghaffarian and Stephen Altemus for terms expiring in 2029. Their elections were described in the definitive proxy statement filed on April 24, 2026 and confirmed by the final voting results disclosed after the meeting.
When was Intuitive Machines’ 2026 annual meeting of stockholders held and how was it documented?
The Annual Meeting of Stockholders was held on June 4, 2026. Results for the director elections and auditor ratification were later summarized in a report signed by Chief Financial Officer and Senior Vice President Peter McGrath, describing the final voting outcomes for each proposal.