McGrath Peter 4

What Happened

• Peter McGrath, Senior Vice President and Chief Financial Officer of Intuitive Machines (LUNR), sold 25,541 shares on February 11, 2026.
• Sale price was $17.44 per share, for a total proceeds of approximately $445,333.
• This was a sale (not a purchase); the filing notes the sale was to satisfy tax withholding related to vested restricted stock units and was not a discretionary trade.

Key Details

• Transaction date: 2026-02-11; Report filed (Form 4) on 2026-02-13 (timely filing).
• Price: $17.44 per share; Total value: ~$445,333.
• Shares sold: 25,541.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The sale was to cover tax withholding obligations for vested RSUs (Footnote F1); the reporting person did not make a discretionary decision to sell.
• Transaction type on Form 4: reported as "Open market or private sale" (code S).

Context

• Sales to cover tax withholding on vested RSUs are common and are considered routine compensation-related transactions rather than clear signals of insider sentiment. This was not an option exercise or a discretionary open-market sell order; it was tied to tax obligations.