Form 4: Intuitive Machines CFO Executes Tax-Related Stock Sale
Insider Transaction Report
Intuitive Machines CFO Peter McGrath sold 24,554 shares of Class A Common Stock to satisfy tax withholding obligations.
Summary
- Peter McGrath, SVP and CFO of Intuitive Machines, Inc. (LUNR), sold 24,554 shares of Class A Common Stock.
- The transaction occurred on April 15, 2026, at a price of $23.608 per share.
- Following the transaction, the reporting person retains beneficial ownership of 401,246 shares.
- The sale was executed specifically to cover tax withholding obligations related to the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was a mandatory administrative action to cover tax liabilities rather than a strategic divestment.
Positives
- The transaction was non-discretionary, indicating it was not a signal of management's outlook on the company's future performance.
Negatives
- Reduction in direct equity holdings by a key executive.
Risks
- None identified in this filing.
Future Outlook
No forward-looking guidance provided in this filing.
Management Comments
- The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale does not represent a discretionary transaction by the Reporting Person.
Industry Context
StockSavvy.ai notes that tax-related sell-to-cover transactions are standard corporate practice for executives receiving equity-based compensation and generally do not reflect changes in management sentiment regarding company prospects.
Comparison to Industry Standards
- The transaction aligns with standard executive compensation practices across the aerospace and technology sectors where restricted stock units are common.
Stakeholder Impact
- Minimal impact on shareholders as the sale was non-discretionary and related to tax obligations.
Next Steps
- None mentioned.
Key Dates
| Date | Description |
|---|---|
| 04/15/2026 | Date of the stock sale transaction. |
| 04/16/2026 | Date of filing the Form 4. |
Keywords
Intuitive Machines, LUNR, Form 4, Insider Trading, CFO, Stock Sale
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