Form 4: Intuitive Machines Insider Sells Shares
Insider Transaction (Form 4)
Kamal Seyed Ghaffarian and 2 others reported changes in beneficial ownership of Intuitive Machines, Inc. common stock on August 24, 2026.
Summary
- Option exercise/conversion: acquired 141,909 Class A Common Stock on August 24, 2026; holds 3,636,677 after (Indirect).
- Disposition to the issuer: disposed of 141,909 Class C Common Stock on August 24, 2026; holds 34,220,540 after (Indirect).
- Open-market sale: disposed of 139,772 Class A Common Stock at $16.86 ($2,356,724) on August 24, 2026; holds 3,496,905 after (Indirect).
- Open-market sale: disposed of 2,137 Class A Common Stock at $17.68 ($37,782) on August 24, 2026; holds 3,494,768 after (Indirect).
- Option exercise/conversion: disposed of 141,909 Common Units on August 24, 2026; holds 34,220,540 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,394,506 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Kamal Seyed Ghaffarian — Director, 10% owner
Ghaffarian Enterprises, LLC — 10% owner
GM Enterprises, LLC — 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-24 | Option exercise/conversion | Class A Common Stock | 141,909 | — | — | 3,636,677 |
| 2026-08-24 | Disposition to the issuer | Class C Common Stock | 141,909 | — | — | 34,220,540 |
| 2026-08-24 | Open-market sale | Class A Common Stock | 139,772 | $17 | $2.4M | 3,496,905 |
| 2026-08-24 | Open-market sale | Class A Common Stock | 2,137 | $18 | $37.8K | 3,494,768 |
| 2026-08-24 | Option exercise/conversion | Common Units | 141,909 | — | — | 34,220,540 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-24 | Option exercise/conversion (141,909 shares) |
| 2026-08-24 | Disposition to the issuer (141,909 shares) |
| 2026-08-24 | Open-market sale (139,772 shares) |
| 2026-08-24 | Open-market sale (2,137 shares) |
| 2026-08-24 | Option exercise/conversion (141,909 shares) |
Keywords
insider transaction, Form 4, LUNR, Intuitive Machines, Inc., bearish, Kamal Seyed Ghaffarian, Ghaffarian Enterprises, LLC, GM Enterprises, LLC
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