Intuitive Machines (LUNR) director granted 5,948 RSUs, now holds 87,196 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Masson Robert L. II reported acquisition or exercise transactions in this Form 4 filing.
Intuitive Machines director Robert L. Masson II received an equity grant in the form of restricted stock units. He was awarded 5,948 RSUs, each representing one share of Class A Common Stock at no cash cost. The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual meeting, and he has elected to defer receiving the shares until his retirement from the Board. Following this award, he holds 87,196 shares of Class A Common Stock directly.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Masson Robert L. II
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 units
Grant price: $0.0000 per share
Shares after transaction: 87,196 shares
+2 more
5 metrics
RSUs granted
5,948 units
Award of restricted stock units to director
Grant price
$0.0000 per share
Equity compensation, no cash paid
Shares after transaction
87,196 shares
Class A Common Stock held directly after grant
Vesting condition
Earlier of 1-year anniversary or next annual meeting
Single vesting date for RSU award
Deferral election
Delivery at Board retirement
RSU settlement deferred until retirement
Key Terms
restricted stock units, Class A Common Stock, vest in full, annual meeting, +1 more
5 terms
restricted stock units financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right"
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.
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.
vest in full financial
"The RSUs will vest in full on the earlier to occur of the first anniversary"
annual meeting financial
"the date of the next annual meeting following the grant date"
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 did Intuitive Machines (LUNR) director Robert L. Masson II report in this Form 4?
Robert L. Masson II reported receiving 5,948 restricted stock units. Each RSU represents a contingent right to one share of Intuitive Machines Class A Common Stock, granted as equity compensation for his service on the Board of Directors.
How many Intuitive Machines (LUNR) RSUs were granted to Robert L. Masson II?
He was granted 5,948 restricted stock units. Each unit represents a contingent right to receive one share of Class A Common Stock, providing additional equity-based compensation linked directly to Intuitive Machines’ future stock performance and his continued Board service.
When do Robert L. Masson II’s Intuitive Machines (LUNR) RSUs vest?
The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual meeting. This single vesting event ties his compensation schedule to the company’s annual Board cycle and stockholder meeting timing.
Did Robert L. Masson II pay cash for his Intuitive Machines (LUNR) RSU grant?
No, the Form 4 shows a price of $0.0000 per share for the 5,948 RSUs. This indicates the award was granted as non-cash equity compensation rather than through an open-market purchase transaction involving personal cash outlay.