[144] Red Cat Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Red Cat Holdings, Inc. (RCAT): The filing reports a proposed sale of 26,833 common shares with an aggregate market value of $257,000, to be sold approximately on 08/21/2025 on the NASQ exchange. The shares were acquired as stock bonuses from Red Cat Holdings on five dates in 2022–2023 (04/29/2022, 07/15/2022, 10/31/2022, 01/11/2023, 02/08/2023) totaling the same 26,833 shares. The filing lists prior sales by the same person, Christopher Moe, of 10,000 shares on 08/20/2025 and 10,000 and 6,833 shares on 08/21/2025, with combined gross proceeds of $250,547. Outstanding shares reported: 99,764,256. The filer certifies no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Routine insider sale notice showing director/insider disposition of earned bonus shares, not clearly material to RCAT capitalization.

The Form 144 documents a proposed sale of 26,833 shares acquired solely as stock bonuses, matching the listed acquisition lot totals. Sales executed on 08/20–08/21/2025 generated reported gross proceeds of $250,547. Relative to the issuer's stated outstanding shares (99,764,256), the position is immaterial in percentage terms. The filing is a compliance disclosure under Rule 144 rather than a corporate event; it signals insider monetization of compensation but provides no company-operational updates.

Corporate Governance Specialist

TL;DR: Disclosure meets Rule 144 requirements; the signature attests no undisclosed material adverse information.

The notice identifies the seller (Christopher Moe) and shows the securities originated from compensation stock bonuses across five dates. Prior sales in the same short window are disclosed, which is appropriate for aggregation under Rule 144. There is no indication of a trading plan or 10b5-1 adoption noted in the remarks. From a governance perspective the form documents transparency but does not imply governance changes or material corporate developments.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch Restricted Securities 1400 American Boulevard Pennington NJ 08534	26833	257000.00	99764256	08/21/2025	NASQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/29/2022	Stock Bonus	Red Cat Holdings Inc.			9390	04/29/2022	Compensation
Common	07/15/2022	Stock Bonus	Red Cat Holdings Inc.			2348	07/15/2022	Compensation
Common	10/31/2022	Stock Bonus	Red Cat Holdings Inc.			3521	10/31/2022	Compensation
Common	01/11/2023	Stock Bonus	Red Cat Holdings Inc.			3521	01/11/2023	Compensation
Common	02/08/2023	Stock Bonus	Red Cat Holdings Inc.			8053	02/08/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Christopher Moe 124 Taylor Road Portsmouth RI 02871	Red Cat Holdings Inc.	08/20/2025	10000	89300.00
Christopher Moe 124 Taylor Road Portsmouth RI 02871	Red Cat Holdings Inc	08/21/2025	10000	95650.00
Christopher Moe 124 Taylor Road Portsmouth RI 02871	Red Cat Holdings Inc	08/21/2025	6833	65597.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the RCAT Form 144 disclose about the proposed sale?

The notice discloses a proposed sale of 26,833 common shares of Red Cat Holdings with an aggregate market value of $257,000, approximately on 08/21/2025, on NASQ.

Who is the seller named in the filing?

The filing shows Christopher Moe as the person associated with the sales, including prior sales on 08/20/2025 and 08/21/2025.

How were the shares being sold originally acquired?

All 26,833 shares were acquired as stock bonuses from Red Cat Holdings on five dates between 04/29/2022 and 02/08/2023.

What prior sales in the past three months are disclosed?

The filing discloses sales of 10,000 shares on 08/20/2025, and 10,000 and 6,833 shares on 08/21/2025, with combined gross proceeds of $250,547.

How large is the proposed sale relative to outstanding shares?

The proposed 26,833 shares are reported against 99,764,256 outstanding shares, making the position small in absolute percentage terms based on the filing's numbers.