STOCK TITAN

Form 4: Altemus Stephen J reports sale transactions in LUNR

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Altemus Stephen J reported open-market sale transactions in a Form 4 filing for LUNR. The filing lists transactions totaling 86,803 shares at a weighted average price of $16.01 per share. Following the reported transactions, holdings were 1,176,246 shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Altemus Stephen J

(Last) (First) (Middle)
13467 COLUMBIA SHUTTLE STREET

(Street)
HOUSTON TX 77059

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Intuitive Machines, Inc. [ LUNR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/13/2026 S(1) 86,803 D $16.007 1,176,246 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Steven Vontur, Attorney-in-Fact 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Intuitive Machines (LUNR) report for its CEO?

Intuitive Machines reported that CEO Stephen J. Altemus sold 86,803 shares of Class A Common Stock. The transaction occurred on February 13, 2026, and is disclosed as an open‑market sale under a Form 4 insider trading report.

At what price did the Intuitive Machines (LUNR) CEO sell shares on February 13, 2026?

The CEO sold shares at $16.007 per share. This price applies to the 86,803 shares of Class A Common Stock reported in the Form 4 transaction dated February 13, 2026, as an open‑market sale.

Why did Intuitive Machines (LUNR) CEO Stephen J. Altemus sell 86,803 shares?

The sale was executed to cover tax withholding obligations tied to vesting restricted stock units. The filing states the sale does not represent a discretionary transaction by Stephen J. Altemus, clarifying it was driven by tax requirements, not voluntary portfolio changes.

How many Intuitive Machines (LUNR) shares does the CEO own after the reported sale?

After the transaction, Stephen J. Altemus beneficially owned 1,176,246 shares of Class A Common Stock. The Form 4 indicates this entire post‑transaction holding is owned directly, following the tax‑related sale of 86,803 shares.

What transaction code was used in the Intuitive Machines (LUNR) CEO Form 4 filing?

The Form 4 lists transaction code “S” for the CEO’s trade. This code identifies the transaction as a sale in an open market or private transaction, consistent with the 86,803 shares of Class A Common Stock disposed of on February 13, 2026.

Is the Intuitive Machines (LUNR) CEO’s reported share sale considered discretionary?

No, the reported sale is not considered discretionary. The footnote explains the shares were sold to satisfy tax withholding obligations from vesting restricted stock units, and explicitly states that the sale does not represent a discretionary transaction by the reporting person.
Intuitive Machines Inc

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Aerospace & Defense
Search, Detection, Navigation, Guidance, Aeronautical Sys
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United States
HOUSTON