Intuitive Machines, Inc.·4

Jun 8, 6:55 PM ET

BLITZER MICHAEL 4

Research Summary

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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.