Form 4: Intuitive Machines CFO Peter McGrath Reports Stock Transactions

Intuitive Machines' CFO, Peter McGrath, reports the disposition and acquisition of Class A Common Stock, including transactions under a pre-arranged Rule 10b5-1 plan.

Summary

• On April 11, 2025, Peter McGrath, SVP and CFO of Intuitive Machines, Inc., had shares of Class A Common Stock withheld to cover tax obligations, totaling 24,594 shares at a price of $7.72.
• On April 15, 2025, McGrath sold 37,906 shares of Class A Common Stock at a price of $7.71.
• Following these transactions, McGrath directly owns 438,992 shares of Intuitive Machines Class A Common Stock.
• The sale was executed under a Rule 10b5-1 plan adopted on December 12, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock transactions by an insider, which are part of a pre-arranged trading plan. There is no indication of positive or negative implications for the company.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CFO, and provides transparency into their trading activities in the company's stock.

Stakeholder Impact

• The stock sale by a key executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Intuitive Machines, LUNR, Peter McGrath, CFO, stock transaction, Form 4, Rule 10b5-1 plan, Class A Common Stock, insider trading