Masson Robert L. II 4
Research Summary
AI-generated summary
Intuitive Machines (LUNR) Director Robert Masson Receives RSU Award
What Happened
Robert L. Masson II, a director of Intuitive Machines (LUNR), was granted 5,948 restricted stock units (RSUs) on 2026-06-04. The filing reports an acquisition at $0.00 (total reported value $0). This was an award/grant (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely filing).
- Transaction type/code: Award/Grant (A). Reported price: $0.00; shares/units granted: 5,948 RSUs.
- Shares owned after transaction: not specified in the filing.
- Footnote: Each RSU is a contingent right to one share of Class A common stock. RSUs vest in full on the earlier of the first anniversary of the grant or the next annual meeting; they do not expire. The reporting person elected to defer receipt of the shares until his retirement from the Company’s Board.
- No indication of sales, purchases, or 10b5-1 plan in this filing.
Context
RSUs are a common form of director/executive compensation and represent a future right to receive shares if vesting conditions are met. Because Masson elected to defer receipt until retirement, no shares were transferred to him at grant date; the filing reports a grant rather than an immediate economic purchase or sale.