Intuitive Machines Senior Vice President and Chief Technology Officer Timothy Price Crain II sold 150,000 Class A shares for $3.3 million on June 18, 2026, according to an SEC filing. The transaction was executed under a Rule 10b5-1 trading plan adopted in September 2025, indicating a pre-scheduled portfolio management move rather than a reaction to the stock's 124.9% one-year gain. The sale reduced Crain's direct Class A holdings by 1.63% to 9,071,894 shares, while he retains substantial exposure through an additional 8,720,615 Class C and Common Units. Intuitive Machines, a Houston-based lunar and deep space exploration company, recently reported record first-quarter revenue of $186.7 million and a backlog of $1.1 billion, and reaffirmed full-year revenue guidance of $900 million to $1 billion.
Intuitive Machines Inc. CTO sold $3.3M in stock, a negative signal for insider sentiment, though under a pre-set plan.