STOCK TITAN
  1. Home
  2. Sec-filings
  3. LUNR
  4. [Form 4] Intuitive Machines, Inc. Insider Trading Activity

Intuitive Machines (LUNR) CEO sells 12,669 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

Intuitive Machines, Inc. director, CEO and 10% owner Stephen J. Altemus reported several equity transactions on January 8, 2026. He converted 12,669 Common Units of Intuitive Machines, LLC into 12,669 shares of the company’s Class A Common Stock, and a corresponding 12,669 shares of Class C Common Stock were cancelled in connection with that redemption. He then sold 12,669 Class A shares at a weighted average price of $20.0031 per share, in multiple trades between $20.00 and $20.01.

The filing states that these sales were made under a Rule 10b5-1 trading plan adopted on December 18, 2024. Following the reported transactions, Altemus directly held 1,026,402 shares of Class A Common Stock and 12,829,544 Common Units.

Positive

  • None.

Negative

  • None.
Insider Altemus Stephen J
Role Chief Executive Officer
Sold 12,669 shs ($253K)
Type Security Shares Price Value
Exercise Common Units 12,669 $0.00 --
Exercise Class A Common Stock 12,669 $0.00 --
Disposition Class C Common Stock 12,669 $0.00 --
Sale Class A Common Stock 12,669 $20.0031 $253K
Holdings After Transaction: Common Units — 12,829,544 shares (Direct); Class A Common Stock — 1,013,733 shares (Direct); Class C Common Stock — 12,829,544 shares (Direct)
Footnotes (1)
  1. The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 18, 2024. The Common Units of Intuitive Machines, LLC may be redeemed for shares of the Issuer's Class A Common Stock on a one-to-one basis at the discretion of the holder. The Common Units do not expire. Upon the redemption of any Common Units, a number of shares of Class C Common Stock equal to the number of Common Units that are redeemed will automatically be cancelled for no consideration. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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).
X
 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 X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026
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 01/08/2026 M 12,669 A (2) 1,013,733 D
Class C Common Stock 01/08/2026 D 12,669 D (2) 12,829,544 D
Class A Common Stock 01/08/2026 S(1) 12,669 D $20.0031(3) 1,026,402 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
Common Units (2) 01/08/2026 M 12,669 (2) (2) Class A Common Stock 12,669 (2) 12,829,544 D
Explanation of Responses:
1. The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 18, 2024.
2. The Common Units of Intuitive Machines, LLC may be redeemed for shares of the Issuer's Class A Common Stock on a one-to-one basis at the discretion of the holder. The Common Units do not expire. Upon the redemption of any Common Units, a number of shares of Class C Common Stock equal to the number of Common Units that are redeemed will automatically be cancelled for no consideration.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
/s/ Steven Vontur, Attorney-in-Fact 01/12/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Intuitive Machines (LUNR) report in this Form 4?

The Form 4 reports that Stephen J. Altemus, Intuitive Machines’ director, Chief Executive Officer and 10% owner, redeemed 12,669 Common Units for Class A Common Stock and sold 12,669 Class A shares on January 8, 2026.

How many Intuitive Machines Class A shares did the CEO sell and at what price?

Stephen J. Altemus sold 12,669 shares of Class A Common Stock at a weighted average price of $20.0031 per share, in trades ranging from $20.00 to $20.01.

Was the Intuitive Machines CEO stock sale under a Rule 10b5-1 plan?

Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by Stephen J. Altemus on December 18, 2024.

What are the Common Units mentioned in the Intuitive Machines Form 4?

The footnotes explain that Common Units of Intuitive Machines, LLC may be redeemed for Class A Common Stock on a one-to-one basis at the holder’s discretion and do not expire.

What happens to Class C Common Stock when Common Units are redeemed?

According to the filing, when Common Units are redeemed, a number of Class C Common Stock shares equal to the Common Units redeemed are automatically cancelled for no consideration.

How many Intuitive Machines shares and units does the CEO hold after these transactions?

After the reported transactions, Stephen J. Altemus directly held 1,026,402 shares of Class A Common Stock and 12,829,544 Common Units, as shown in the tables.

Is the reported ownership in the Intuitive Machines Form 4 direct or indirect?

The tables show the post-transaction holdings as direct ownership (D) for both the Class A Common Stock and the Common Units.