🔴 Intuitive Machines is trading 4.2% down today after director disclosed $2.4 million stock sale

Intuitive Machines is trading 4.2% down at $15.50 after a director and 10% owner disclosed a roughly $2.4 million stock sale executed August 24.

• Director Kamal Seyed Ghaffarian sold 141,909 shares worth approximately $2.4 million on August 24.
• The sale occurred under a Rule 10b5-1 trading plan.
• The filing follows the company’s second-quarter revenue and earnings miss, which remains a significant overhang; broader markets were modestly higher.