CEO of Intuitive Machines (NASDAQ: LUNR) awarded 236,647 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Machines CEO Stephen J. Altemus received a grant of 236,647 Class A RSU-based shares on February 5, 2026 at a price of $0 per share. After this equity award, he beneficially owned 1,263,049 Class A shares in total.
The award consists of restricted stock units, each representing one share of Class A Common Stock. These RSUs will vest in four equal annual installments beginning on February 5, 2027, and the RSUs do not expire, making this a multi‑year equity compensation grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Altemus Stephen J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 236,647 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,263,049 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Intuitive Machines (LUNR) report for Stephen J. Altemus?
Intuitive Machines reported that CEO Stephen J. Altemus received 236,647 Class A Common Stock shares via a restricted stock unit award at $0 per share. This equity grant increased his total beneficial ownership to 1,263,049 Class A shares as of the reported transaction.
When do the new RSUs for Intuitive Machines (LUNR) CEO start vesting?
The restricted stock units granted to Intuitive Machines CEO Stephen J. Altemus begin vesting on February 5, 2027. They vest in four equal annual installments, meaning the award is spread over four years, aligning the CEO’s equity compensation with a longer-term time horizon for the company.
Was cash paid for the Intuitive Machines (LUNR) RSU grant to the CEO?
No cash was paid for this RSU grant; the Form 4 lists a transaction price of $0 per share for the 236,647 Class A shares. This indicates the award is part of equity compensation rather than an open-market purchase by Stephen J. Altemus.
Do the Intuitive Machines (LUNR) RSUs granted to the CEO have an expiration date?
The restricted stock units granted to Stephen J. Altemus do not expire. According to the disclosure, each RSU represents a contingent right to receive one share of Class A Common Stock, vesting over four years starting February 5, 2027, with no listed expiration.