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Ghaffarian Kamal Seyed's Form 4 filing

Intuitive Machines, Inc. (LUNR) · filed Jul 21, 2025

Accession no.
0001213900-25-066144
Filed
Jul 21, 2025, 4:30 PM ET
Trade date
Jul 17, 2025
Filing delay
4 days
Rule 10b5-1 plan
Checked

This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $483.9K. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Ghaffarian Kamal SeyedCIK 0001963529Director, 10% Owner
Ghaffarian Enterprises, LLCCIK 000196525910% Owner
Intuitive Machines KG Parent, LLCCIK 000196528310% Owner
GM Enterprises, LLCCIK 000196532010% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 17, 2025Class A Common StockMOption exerciseAcquired+40,254–F1–3,535,022Indirect
Jul 17, 2025Class C Common StockDReturned to the companyDisposed−40,254–F1–36,133,746Indirect
Jul 17, 2025Class A Common StockSSaleDisposed−40,254$12.02F5−$483,873.213,494,768Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 17, 2025Class A Common StockMOption exerciseDisposed−40,254–F1–36,133,746Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The Common Units of Intuitive Machines, LLC may be redeemed for shares of the Issuer's Class A Common Stock on a one-to-one basis at the discretion of the holder. The Common Units do not expire. Upon the redemption of any Common Units, a number of shares of Class C Common Stock equal to the number of Common Units that are redeemed will automatically be cancelled for no consideration.

Referenced by the price of 2 transactions in Table I and 1 transaction in Table II.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.09, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)