Altemus Stephen J 4
Research Summary
AI-generated summary
Intuitive Machines (LUNR) CEO Stephen Altemus Receives RSU Award
What Happened
- Stephen J. Altemus, Chief Executive Officer of Intuitive Machines, received a grant of 236,647 restricted stock units (RSUs) on February 5, 2026. The grant is reported at $0.00 per unit (total reported value $0) and is coded as an award/grant (A) rather than a market purchase or sale.
Key Details
- Transaction date: 2026-02-05; Filing date: 2026-02-09 (filed within the required two business days).
- Grant amount: 236,647 RSUs; Reported price per unit: $0.00; Reported total value: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Each RSU is a contingent right to one share of Class A common stock. The RSUs vest in four equal annual installments beginning February 5, 2027, and do not expire (see filing footnote F1).
- Transaction code: A = Award/Grant.
Context
- RSUs are a form of compensation that convert into shares as they vest; this grant reflects executive compensation rather than an open-market purchase or sale. Because vesting occurs over multiple years, the economic benefit depends on future vesting and any applicable taxes or withholding.