BLITZER MICHAEL 4
4 · Intuitive Machines, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Intuitive Machines (LUNR) Director Michael Blitzer Receives RSU Award
What Happened
- Michael Blitzer, a director of Intuitive Machines (LUNR), was granted 5,948 restricted stock units (RSUs) on 2026-06-04. The reported acquisition price is $0.00, so the immediate cash value recorded in the filing is $0. The RSUs are a contingent right to receive one share of Class A common stock per RSU.
Key Details
- Transaction date: 2026-06-04; filing date: 2026-06-08 (filed within typical 2-business-day window).
- Security and amount: 5,948 RSUs (acquisition code A) at $0.00 per unit; total reported consideration = $0.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: The RSUs vest in full on the earlier of the first anniversary of the grant date and the date of the next annual meeting, they do not expire, and the reporting person elected to defer receipt of the underlying shares until his retirement from the Board (see footnote F1).
- Transaction type: award/grant of RSUs (derivative security), not an open-market purchase or sale.
Context
- RSU grants to directors are a common form of compensation and do not require an outlay of cash. Because Blitzer elected to defer receipt of the shares until retirement, this grant does not result in immediate share issuance or selling pressure and should be viewed as compensation rather than an immediate market vote.
Insider Transaction Report
Form 4
BLITZER MICHAEL
Director
Transactions
- Award
Class A Common Stock
[F1]2026-06-04+5,948→ 1,937,196 total
Footnotes (1)
- [F1]Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in full on the earlier to occur of the first anniversary of the grant date and the date of the next annual meeting following the grant date. The RSUs do not expire. The reporting person elected to defer receipt of these RSUs until his retirement from the Company's Board of Directors.
Signature
/s/ Steven Vontur, Attorney-in-Fact|2026-06-08