[144] Red Cat Holdings, Inc. SEC Filing
Red Cat Holdings, Inc. (RCAT) Form 144 shows an anticipated sale of 10,000 common shares valued at $89,000, with an approximate sale date of 09/08/2025 on NASQ. The filing reports these shares were acquired on 07/14/2023 as a stock bonus from Red Cat Holdings Inc. and were issued as compensation.
The filer also disclosed three sales in August 2025: 10,000 shares on 08/20/2025 for $89,300, 16,833 shares on 08/21/2025 for $161,247, and 10,000 shares on 08/25/2025 for $100,359. The filing states there is no undisclosed material adverse information known to the seller.
- Clear compliance with Rule 144 reporting, including acquisition details and broker information
- Transparent disclosure of recent August 2025 sales with dates and gross proceeds
- None.
Insights
TL;DR: Insider intends to sell a small block (10,000 shares) from a 2023 compensation grant; recent August disposals suggest ongoing liquidity actions.
The filing documents a proposed sale of 10,000 common shares with an aggregate market value of $89,000 against total outstanding shares of 99,764,256. The shares were acquired as a stock bonus on 07/14/2023 and classified as compensation. Three prior sales in August 2025 are disclosed with their gross proceeds, indicating recent monetization by the same seller. This is a routine Rule 144 disclosure showing compliance with resale reporting; it provides clear transactional history but does not contain operational or financial performance data.
TL;DR: Disclosure aligns with Rule 144 reporting requirements; no governance red flags or undisclosed material information asserted.
The signer affirms no material nonpublic information is known at the time of filing and records the origin of shares as a stock bonus from the issuer. The filing includes broker details and specific sale dates and proceeds for recent transactions, supporting transparency around insider sales. There are no indications of extraordinary transactions, related-party conflicts, or deviations from standard certification language in this notice.