Officer at Intuitive Machines (LUNR) receives 21,377 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Christopher J. reported acquisition or exercise transactions in this Form 4 filing.
Intuitive Machines, Inc. reported that officer Christopher J. Johnson received an award of 21,377 shares of Class A Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost and increase his directly held position to 122,797 shares.
The RSUs represent a contingent right to receive one share of Class A Common Stock per unit and will vest in four equal annual installments beginning on February 5, 2027. This is a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Christopher J.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 21,377 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 122,797 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 21,377 units
Shares owned after grant: 122,797 shares
Vesting schedule: 4 equal annual installments
+1 more
4 metrics
RSUs granted
21,377 units
Award of restricted stock units on April 8, 2026
Shares owned after grant
122,797 shares
Class A Common Stock directly held following transaction
Vesting schedule
4 equal annual installments
RSUs vest annually beginning February 5, 2027
Grant price
$0.00 per share
Compensation award, no cash paid for shares
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, vest in four equal annual installments
3 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
"each of which represents a contingent right to receive one share of Class A Common Stock"
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 four equal annual installments financial
"The RSUs will vest in four equal annual installments beginning on February 5, 2027."
FAQ
What insider transaction did Intuitive Machines (LUNR) report for Christopher J. Johnson?
Intuitive Machines reported that officer Christopher J. Johnson received an award of 21,377 restricted stock units. Each RSU represents a right to receive one share of Class A Common Stock, granted as equity compensation rather than an open-market share purchase.
What are the vesting terms of the RSUs granted to Christopher J. Johnson at Intuitive Machines (LUNR)?
The 21,377 restricted stock units vest in four equal annual installments beginning on February 5, 2027. Each installment will convert into shares of Class A Common Stock if the vesting conditions are met, providing long-term, time-based equity compensation.
What does the Form 4 transaction code 'A' mean for Intuitive Machines (LUNR)?
The transaction code “A” in this Form 4 indicates a grant, award, or similar acquisition of securities. Here, it reflects that Christopher J. Johnson received 21,377 restricted stock units of Class A Common Stock as part of his compensation package.