Ghaffarian Kamal Seyed sold (to issuer) 96,304 shares of LUNR (indirect holdings)
Ghaffarian Kamal Seyed sold (to issuer) 96,304 indirectly-held shares of Intuitive Machines, Inc. (LUNR) across 2 trades over 2026-09-08 to 2026-09-09 under a Rule 10b5-1 trading plan. Filed jointly with Ghaffarian Enterprises, LLC (10% owner) and GM Enterprises, LLC (10% owner).
How this was made
The 30-second read
Why it matters
The disclosed sale is routine and unlikely to move the stock significantly.
Market read
A modest insider sale with limited trading relevance.
What to watch
Potential upcoming contract announcements or earnings could offset the modest sell‑off.
Background
SEC Form 4 filing discloses insider transactions for public companies.
Ticker impact
Director Ghaffarian Kamal Seyed sold 96,304 shares of Intuitive Machines via a 10b5‑1 plan, reducing his holdings to 34,124,236 shares.
Potential short‑term pressure, but limited due to small proportion of total shares.
Sale represents less than 0.3% of total shares and follows a pre‑arranged plan, suggesting no urgent insider concern.
Market effects
Limited effect on the aerospace/space services sector; similar insider sales are common.
No notable regional impact.
Minimal global relevance.
Counterpoint
If the insider sale signals confidence in future upside, the market may overlook the dilution.
Key entities
- CompanyIntuitive Machines, Inc.
Space technology firm listed on NYSE under LUNR.
- InsiderGhaffarian Kamal Seyed
Director and 10% owner of Intuitive Machines.




