Intuitive Machines, Inc. 8-K

What Happened
Intuitive Machines, Inc. (LUNR) filed an 8-K (Item 5.02) disclosing that on February 5, 2026 its Board approved cash transaction bonuses for two senior executives. Stephen Altemus, President and Chief Executive Officer, received $512,750 and Peter McGrath, Senior Vice President and Chief Financial Officer, received $247,500. The bonuses were approved in recognition of the company’s previously disclosed acquisitions of KinetX, Inc. and Lanteris Space Holdings, LLC. The filing was signed on February 11, 2026.

Key Details

• Board approval date: February 5, 2026.
• CEO Stephen Altemus bonus: $512,750 (cash).
• CFO Peter McGrath bonus: $247,500 (cash).
• Purpose stated: recognition of the acquisitions of KinetX, Inc. and Lanteris Space Holdings, LLC (previously disclosed).

Why It Matters
These are one-time cash transaction bonuses tied to recent acquisitions, increasing near-term executive compensation expense and reducing cash on hand by the disclosed amounts. For investors, the item signals management was rewarded for completing strategic acquisition activity; the filing does not disclose changes to base salary, long-term incentive programs, or departures. This is a disclosure about executive pay related to merger/acquisition activity rather than operating results such as earnings or revenue.