Intuitive Machines (LUNR) director granted 5,948 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Machines, Inc. director Nicole Seligman reported receiving an equity award in the form of restricted stock units (RSUs) tied to Class A Common Stock. The award covers 5,948 RSUs, each representing one share, bringing her direct holdings to 87,196 shares after the grant.
The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual meeting following the grant date, and they do not expire. Seligman elected to defer receipt of these RSUs until her retirement from the company’s Board of Directors, making this a compensation-related, non‑market acquisition rather than an open‑market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seligman Nicole
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,948 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 87,196 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,948 RSUs
Holdings after transaction: 87,196 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
RSUs granted
5,948 RSUs
Award of restricted stock units representing Class A Common Stock
Holdings after transaction
87,196 shares
Total Class A Common Stock directly held after RSU award
Transaction price per share
$0.0000 per share
Reported price for RSU award, indicating no cash cost to director
Transaction code
Code A
Grant, award, or other acquisition of non-derivative security
Transaction date
2026-06-04
Date of RSU award to director Nicole Seligman
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, annual meeting, retirement from the Company's Board of Directors
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"receive one share of Class A Common Stock. The RSUs will vest in full"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting financial
"on the earlier to occur of the first anniversary of the grant date and the date of the next annual meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
retirement from the Company's Board of Directors financial
"elected to defer receipt of these RSUs until his retirement from the Company's Board of Directors"
FAQ
What insider transaction did Intuitive Machines (LUNR) report for Nicole Seligman?
Intuitive Machines reported that director Nicole Seligman received a grant of 5,948 restricted stock units linked to Class A Common Stock. This is a compensation-related award, not an open-market trade, and increases her direct holdings to 87,196 shares after the transaction.
How many RSUs did Nicole Seligman receive from Intuitive Machines (LUNR)?
Nicole Seligman received 5,948 restricted stock units, each representing one share of Class A Common Stock. These RSUs are part of her director compensation and will vest in full based on the company’s stated vesting schedule tied to the grant date and annual meeting.
When do Nicole Seligman’s RSUs at Intuitive Machines (LUNR) vest?
The RSUs will vest in full on the earlier of the first anniversary of the grant date or the next annual meeting following that date. This single-vesting schedule simplifies the equity award and links it directly to Seligman’s continuing Board service over that period.
How are Nicole Seligman’s Intuitive Machines (LUNR) RSUs settled and deferred?
Each RSU represents a contingent right to receive one Class A Common Stock share. Seligman elected to defer receipt of these RSUs until her retirement from the Board, meaning share delivery occurs at that future retirement date rather than immediately upon vesting.