Form 4: Director Michael Blitzer Receives LUNR Equity Grant

Intuitive Machines director Michael Blitzer was granted 5,948 restricted stock units as part of his board compensation.

Summary

• Director Michael Blitzer acquired 5,948 restricted stock units (RSUs) of Intuitive Machines, Inc. (LUNR) on June 4, 2026.
• The grant was issued at a price of $0 per share, representing standard equity-based compensation for board service.
• Following this transaction, the reporting person's total beneficial ownership stands at 1,937,196 shares of Class A Common Stock.
• The reporting person has elected to defer the receipt of these shares until his retirement from the Board of Directors.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.
• The reporting person maintains a significant equity stake of 1,937,196 shares.

Negatives

• None identified in this filing.

Risks

• The value of the equity grant is subject to the market performance of LUNR Class A Common Stock.

Future Outlook

The RSUs will vest in full on the earlier of the first anniversary of the grant date or the date of the next annual meeting, with receipt deferred until the director's retirement.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices in the aerospace and technology sectors to ensure director alignment with company performance.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices for publicly traded companies of similar size and industry profile.
• The deferral of receipt until retirement is a common mechanism used by directors to demonstrate long-term commitment to the issuer.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the RSUs on the earlier of the first anniversary of the grant date or the next annual meeting.

Key Dates

Keywords

LUNR, Intuitive Machines, Form 4, Insider Trading, Director Compensation, Restricted Stock Units