LUNR Intuitive Machines, Inc. Insider Trading

Director Kamal Seyed Ghaffarian sells 141,909 shares for $5.5M via 6 scheduled transactions under 10b5-1 plan

On 2026-06-01, Director Kamal Seyed Ghaffarian executed 6 separate sales totaling 141,909 shares for $5,536,840.53 at prices ranging from $38.50 to $43.03, with a blended average of $39.02. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-04, meaning the sales were scheduled rather than discretionary. Post-transaction, Ghaffarian retains 3,494,768 non-derivative shares, representing a -3.9% reduction from pre-transaction holdings of 3,636,677 shares; however, the insider maintains substantial derivative holdings of 35,071,994 common units, indicating continued significant economic exposure to LUNR. The company's recent financials show revenue of $186,730,000 with a net loss of $37,387,000, and the stock is currently at $33.83, down -27.6% from its 52-week high of $46.75, which is below the blended transaction prices at which these shares were sold.

Director Ghaffarian sells 141,909 shares for $4.9M (blended avg $34.25) via scheduled 10b5-1 plan

Ghaffarian executed 6 separate sales totaling 141,909 shares for $4,860,438.78 on 2026-05-18 across prices ranging from $33.27 to $37.99, representing a -3.9% reduction in his 3.49M-share post-transaction position. This sale was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-12-04, making it scheduled rather than discretionary. The stock has appreciated 22.4% over the prior 30 days and 85.1% over 90 days from a 52-week low of $7.78, though it currently sits at $33.67, down 12.7% from its 52-week high of $38.55. The company remains unprofitable with net income of -$37.4M against quarterly revenue of $186.7M and annual revenue contraction of -7.9%, providing important context on the underlying business trajectory independent of the scheduled nature of this sale.

Board director Kamal Ghaffarian sells ~142k shares of LUNR while stock recovers; mixed track record on prior sales in this name.

Kamal Ghaffarian, a board director and ten-percent beneficial owner of Intuitive Machines, executed a paired transaction on the same day—rotating approximately 142,000 shares while simultaneously selling nearly 142,000 shares across two separate sales totaling roughly $3.6 million. This rotation occurred as the stock has rallied notably over the prior three months, though it remains below its 52-week high. The company's fundamentals remain challenging, with operating losses and declining revenue, which could be motivating Ghaffarian to reduce exposure near higher prices. However, his prior sales in this stock show divergent outcomes: his most recent sales in mid-April resulted in losses, while earlier April sales were followed by modest gains. The lack of a clear edge in his previous timing on this specific stock, combined with the execution near the top of the recent recovery, suggests this may be a liquidity-driven rebalancing rather than a conviction-driven move by someone with direct knowledge of operating improvements ahead.