Altemus Stephen J 4

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.