Intuitive Machines (LUNR) SVP sells 5,660 shares under 10b5-1 plan
Rhea-AI Filing Summary
Intuitive Machines, Inc. insider activity: SVP and Chief Growth Officer Timothy Price II, who is also a 10% owner, reported several related transactions dated 01/08/2026. He exercised 5,660 Common Units of Intuitive Machines, LLC into 5,660 shares of Class A Common Stock at an exercise price of $0.00, and an equal number of shares of Class C Common Stock were cancelled in connection with this redemption. On the same day, he sold 5,660 shares of Class A Common Stock at a weighted average price of $20.0028 per share under a Rule 10b5-1 trading plan adopted on September 16, 2025, with individual sale prices ranging from $20.00 to $20.01. After these transactions, he directly held 298,435 shares of Class A Common Stock and 9,214,955 Common Units, each Common Unit being redeemable on a one-to-one basis for a share of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Units | 5,660 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,660 | $0.00 | -- |
| Disposition | Class C Common Stock | 5,660 | $0.00 | -- |
| Sale | Class A Common Stock | 5,660 | $20.0028 | $113K |
Footnotes (1)
- The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on September 16, 2025. The Common Units of Intuitive Machines, LLC may be redeemed for shares of the Issuer's Class A Common Stock on a one-to-one basis at the discretion of the holder. The Common Units do not expire. Upon the redemption of any Common Units, a number of shares of Class C Common Stock equal to the number of Common Units that are redeemed will automatically be cancelled for no consideration. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
FAQ
Who is the insider involved in this Intuitive Machines (LUNR) Form 4 filing?
The insider is Timothy Price II, who serves as SVP and Chief Growth Officer of Intuitive Machines, Inc. and is also reported as a 10% owner.
Was the Intuitive Machines (LUNR) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by Timothy Price II on September 16, 2025.
What happened to the Common Units and Class C stock in this Intuitive Machines (LUNR) transaction?
5,660 Common Units of Intuitive Machines, LLC were redeemed into 5,660 Class A shares. In connection with each redemption, an equal number of Class C Common Stock shares were automatically cancelled for no consideration.
How many Intuitive Machines (LUNR) securities does Timothy Price II hold after the reported transactions?
After the transactions on 01/08/2026, Timothy Price II directly held 298,435 shares of Class A Common Stock and 9,214,955 Common Units of Intuitive Machines, LLC.
What is the relationship between Intuitive Machines (LUNR) Common Units and Class A Common Stock?
The filing states that each Common Unit of Intuitive Machines, LLC may be redeemed at the holder's discretion for one share of Class A Common Stock, and the Common Units do not expire.