Form 4: Intuitive Machines CTO Sells Shares for Tax Obligations

Intuitive Machines' SVP & Chief Technology Officer, Timothy Price Crain II, sold 23,226 shares of Class A Common Stock to cover tax withholding obligations.

Summary

• Timothy Price Crain II, the Senior Vice President and Chief Technology Officer of Intuitive Machines, Inc. (LUNR), reported a transaction involving company stock.
• On February 11, 2026, Crain sold 23,226 shares of Class A Common Stock.
• The shares were sold at a price of $17.436 per share.
• This sale was explicitly stated to cover tax withholding obligations associated with the vesting of restricted stock units and was not a discretionary transaction.
• Following this reported transaction, Timothy Price Crain II beneficially owns 359,726 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is non-discretionary and solely for tax purposes, which is a routine occurrence for executives receiving equity compensation.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales for tax purposes are common and generally do not reflect a change in management's confidence in the company's future, unlike discretionary sales.

Stakeholder Impact

• Shareholders: The sale of shares by an officer, even for tax purposes, slightly increases the float, but the non-discretionary nature typically mitigates concerns about management's confidence.

Key Dates

Recommendation

The filing details a non-discretionary sale of shares by an executive to cover tax obligations, which is a routine event and does not indicate a change in the company's fundamentals or the executive's confidence. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Intuitive Machines, LUNR, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Withholding, Timothy Price Crain II, Officer Transaction