Altemus Stephen J 4
4 · Intuitive Machines, Inc. · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Intuitive Machines (LUNR) CEO Stephen Altemus Sells 13,751 Shares
What Happened
- Stephen J. Altemus, CEO of Intuitive Machines (LUNR), reported a sale of 13,751 shares on 2026-04-15 at $23.61 per share, totaling $324,634. The Form 4 indicates this was a sale (code S) and not a purchase — sales are often routine liquidity events rather than bullish signals.
Key Details
- Transaction date and price: 2026-04-15 — 13,751 shares at $23.61 each.
- Total proceeds: $324,634.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — shares were sold to cover tax-withholding obligations upon RSU vesting; the sale was not a discretionary trade by the reporting person.
- Filing date: Report filed 2026-04-16 (next-day filing appears timely under Form 4 rules).
Context
- The filing indicates a tax-withholding sale related to restricted stock units (RSUs). Such sales are common to satisfy withholding obligations when RSUs vest and do not necessarily reflect the insider’s view of the company’s prospects.
- No options exercises, gifts, or 10% beneficial owner activity are indicated in this report.
Insider Transaction Report
Form 4
Altemus Stephen J
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
[F1]2026-04-15$23.61/sh−13,751$324,634→ 1,162,495 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.
Signature
/s/ Steven Vontur, Attorney-in-Fact|2026-04-16