Altemus Stephen J 4

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.