Form 4: Intuitive Machines Officer Sells $5.3M in Stock

Timothy Price Crain II, SVP and Chief Growth Officer of Intuitive Machines, sold approximately $5.3 million worth of Class A Common Stock in pre-planned transactions.

Summary

• Timothy Price Crain II, SVP and Chief Growth Officer, Director, and 10% Owner of Intuitive Machines, Inc. (LUNR), reported multiple transactions involving the company's securities.
• On December 19, 2025, Crain acquired 42,944 shares of Class A Common Stock and disposed of an equal number of Class C Common Stock, which is consistent with the redemption of Common Units for Class A shares.
• On the same date, Crain sold a total of 140,000 shares of Class A Common Stock in multiple transactions at weighted average prices ranging from $12.0627 to $14.9956.
• On December 22, 2025, Crain acquired 200,000 shares of Class A Common Stock and disposed of an equal number of Class C Common Stock, again indicating the redemption of Common Units.
• Also on December 22, 2025, Crain sold 200,000 shares of Class A Common Stock at a weighted average price of $16.0364.
• All reported sales were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2025.
• Following these transactions, Crain directly owns 298,435 shares of Class A Common Stock and 9,220,615 Common Units, which are convertible into Class A Common Stock on a one-to-one basis.
• The total approximate value of Class A Common Stock sold across all reported transactions is $5,339,658.

Sentiment

Score: 3

Explanation: The significant insider selling by a key executive, director, and 10% owner, totaling approximately $5.3 million, generally indicates a negative sentiment, even if executed under a Rule 10b5-1 plan. While the plan suggests pre-planning rather than reactive selling, the sheer volume of sales can be perceived as a lack of strong conviction in the company's near-term stock appreciation or a move to diversify personal wealth.

Negatives

• A significant insider sale by a key executive (SVP and Chief Growth Officer, Director, and 10% Owner) could be perceived negatively by the market.
• The total value of shares sold was approximately $5.3 million, representing a substantial divestment by a high-ranking insider.

Risks

• Potential negative market perception due to significant insider selling, even if pre-planned, which could lead to downward pressure on the stock price.
• Reduced alignment of interests between the executive and common shareholders due to a decrease in direct Class A stock ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may interpret the insider selling as a negative signal, potentially leading to downward pressure on the stock price.
• Employees may experience a subtle impact on morale or perception of company stability, though no direct impact is mentioned.

Key Dates

Recommendation

The significant insider selling by a key executive and 10% owner, totaling approximately $5.3 million, is generally a negative signal. However, the sales were conducted under a pre-arranged Rule 10b5-1 plan, which suggests a planned diversification or liquidity event rather than a reactive sale based on new negative information. Given the pre-planned nature, a 'hold' recommendation is appropriate to observe market reaction and company performance without immediately assuming a fundamental deterioration, but the volume of sales warrants caution.

Keywords

Intuitive Machines, LUNR, Insider Trading, Form 4, Stock Sale, Executive Compensation, Timothy Price Crain II, Rule 10b5-1, Space Exploration, Aerospace