Intuitive Machines (LUNR) CAO sells 3,050 shares for tax withholding
Rhea-AI Filing Summary
Intuitive Machines, Inc. (LUNR) reported that Chief Accounting Officer and Controller Steven Vontur sold 3,050 shares of Class A Common Stock on 2026-08-27 at $16.13 per share. According to the company’s disclosure, these shares were sold to cover tax withholding obligations related to the vesting of restricted stock units and did not represent a discretionary trade. After this transaction, Vontur directly held 113,997 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,050 shares
Net Sell
1 txn
Insider
Vontur Steven
Role
See Remarks
Sold
3,050 shs ($49K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 3,050 | $16.13 | $49K |
Holdings After Transaction:
Class A Common Stock — 113,997 shares (Direct)
Footnotes (1)
- F1. The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale does not represent a discretionary transaction by the Reporting Person.
Key Figures
Shares sold: 3,050 shares of Class A Common Stock
Sale price per share: $16.13 per share
Shares owned after transaction: 113,997 shares
+1 more
4 metrics
Shares sold
3,050 shares of Class A Common Stock
Sale on 2026-08-27 to cover tax withholding obligations
Sale price per share
$16.13 per share
Price for the 3,050 shares sold on 2026-08-27
Shares owned after transaction
113,997 shares
Direct holdings of Class A Common Stock following the sale
Net shares sold
3,050 shares
Net change in holdings reported in the transaction summary
Key Terms
restricted stock units, tax withholding obligations, non-derivative, beneficially owned
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations"
non-derivative financial
""transaction_type": "non-derivative""
beneficially owned financial
"total_shares_following_transaction": "113997.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did Intuitive Machines (LUNR) report for Steven Vontur?
Intuitive Machines reported that Steven Vontur sold 3,050 shares of Class A Common Stock on 2026-08-27 at $16.13 per share. The company states the sale covered tax withholding obligations from vesting restricted stock units and was not a discretionary transaction.
Was the Intuitive Machines (LUNR) insider sale by Steven Vontur a discretionary trade?
No. The disclosure states the sale represents shares sold to cover tax withholding obligations in connection with the vesting of restricted stock units and explicitly notes that it does not represent a discretionary transaction by Steven Vontur.
What is Steven Vontur’s role at Intuitive Machines (LUNR) mentioned in this filing?
Steven Vontur is identified as the company’s Chief Accounting Officer and Controller. This role is noted in the remarks section of the insider ownership report accompanying the disclosed stock sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
