Intuitive Machines (LUNR) director sells 18,321 shares and receives RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuitive Machines director William John Liquori Jr. reported both an equity award and a share sale. He received 5,948 restricted stock units, each convertible into one share of Class A Common Stock, which vest in full on the earlier of the first anniversary of the grant or the next annual meeting. He elected to defer receipt of these RSUs until his retirement from the board. Liquori also sold 18,321 shares of Class A Common Stock in an open-market transaction at a weighted average price of $29.87 per share, with individual trades between $29.85 and $29.91. After these transactions, he directly holds 68,875 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,321 shares ($547,248)
Net Sell
2 txns
Insider
Liquori William John Jr
Role
null
Sold
18,321 shs ($547K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 18,321 | $29.87 | $547K |
| Grant/Award | Class A Common Stock | 5,948 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 68,875 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in full on the earlier to occur of the first anniversary of the grant date and the date of the next annual meeting following the grant date. The RSUs do not expire. The reporting person elected to defer receipt of these RSUs until his retirement from the Company's Board of Directors. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.85 to $29.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Key Figures
Shares sold: 18,321 shares
Weighted average sale price: $29.87 per share
RSU grant size: 5,948 RSUs
+1 more
4 metrics
Shares sold
18,321 shares
Open-market sale of Class A Common Stock
Weighted average sale price
$29.87 per share
Open-market sale range $29.85–$29.91
RSU grant size
5,948 RSUs
Each RSU for one Class A share
Shares held after transactions
68,875 shares
Direct Class A Common Stock ownership
Key Terms
restricted stock units ("RSUs"), weighted average price, Class A Common Stock
3 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did Intuitive Machines (LUNR) director William Liquori report?
William John Liquori Jr. reported two transactions: a grant of 5,948 restricted stock units and an open-market sale of 18,321 Class A Common Stock shares. These actions combined reflect both additional equity compensation and partial share monetization.
What are the terms of the 5,948 RSUs granted to the Intuitive Machines (LUNR) director?
The 5,948 restricted stock units each represent a contingent right to receive one Class A share. They vest in full on the earlier of the first anniversary of the grant date or the next annual shareholder meeting, and the director elected to defer receipt until board retirement.
Did the Intuitive Machines (LUNR) director pay for the 5,948 RSUs received?
The RSU award shows a transaction price of $0.00 per unit, indicating it was a compensation grant rather than a purchase. Each unit gives the right to receive one share, subject to the specified vesting conditions and the director’s deferral election.