Altemus Stephen J 4
4 · Intuitive Machines, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Intuitive Machines CEO Stephen Altemus Sells 86,803 Shares
What Happened Stephen J. Altemus, CEO of Intuitive Machines (LUNR), sold 86,803 shares on February 13, 2026 at $16.01 per share, generating proceeds of approximately $1,389,456. The filing indicates this sale was executed to cover tax withholding obligations tied to the vesting of restricted stock units (RSUs), not as a discretionary trade.
Key Details
- Transaction date: 2026-02-13; price: $16.01 per share
- Shares sold: 86,803; proceeds: ~$1,389,456
- Reported reason (footnote): sale to cover tax withholding on RSU vesting (not a discretionary sale)
- Transaction type reported as an open-market or private sale (code S)
- Filing date: 2026-02-13 — filed timely (no late filing indicated)
- Shares owned after transaction: not disclosed in the provided filing excerpt
Context Sales to cover tax withholding on vested equity are common among insiders and are generally considered routine liquidity events rather than signals of managerial sentiment. Purchases typically carry more weight as an indicator of insider confidence; this filing documents a standard tax-related disposition.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-02-13$16.01/sh−86,803$1,389,456→ 1,176,246 total
Footnotes (1)
- [F1]The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale does not represent a discretionary transaction by the Reporting Person.