Intuitive Machines (LUNR) executive compensation, 2026 proxy

Stephen Altemus, President and Chief Executive Officer, was paid $5.1M in 2025, up 2% from $5M the year before.

Filed
April 24, 2026
Annual meeting
June 4, 2026
Pay year
2025
Named executives
3
CEO total pay
$5.1M+2% vs prior year
CEO pay in equity
69%$3.5M in awards
CEO Base Salary
$732,5072025 actual salary earned
CEO Stock Awards
$3,500,000Grant-date fair value
CEO Transaction Bonus
$512,750Paid in recognition of acquisitions
Financial/Strategic Score
36.9%Of target achievement

How Altemus was paid

$5.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary14%Bonus6%Stock awards69%Non-equity incentive10%All other compensation0%

Named executive officers

ExecutiveTotal
Stephen AltemusPresident and Chief Executive Officer$5,066,113
Dr. Timothy CrainSenior Vice President and Chief Technology Officer$1,839,701
Peter McGrathSenior Vice President and Chief Financial Officer$1,862,310

What changed and why

  • $5.1MCEO total compensation increased to $5,066,113 in fiscal 2025 compared to $4,973,559 in the prior year.
  • 36.9%Annual incentive plan performance scored 36.9% of target based on financial and strategic objectives.
  • Transaction bonuses were awarded in recognition of the company's acquisitions of KinetX and Lanteris Space Holdings.
  • Time-based restricted stock units were granted under the 2023 Long Term Omnibus Incentive Plan with four-year vesting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.