Red Cat CRO awarded 8,701 RSUs, exercises shares
Red Cat Holdings, Inc. Chief Revenue Officer Geoffrey Wayne Hitchcock reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Red Cat Holdings, Inc. Chief Revenue Officer Geoffrey Wayne Hitchcock reported routine equity compensation activity. On March 31, 2026, he was granted 8,701 restricted stock units (RSUs), each representing a right to receive one share of common stock. The RSUs vest 25% immediately and 75% on December 31, 2026. He exercised 2,175 RSUs into common stock, and 645 common shares were withheld at $13.09 per share to cover tax obligations. Following these transactions, he directly holds 206,517 shares of common stock and 6,526 RSUs.
Insider Trade Summary
2,175 shares exercised/converted
Exercise
4 txns
Insider
Hitchcock Geoffrey Wayne
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,701 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,175 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,175 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 645 | $13.09 | $8K |
Holdings After Transaction:
Restricted Stock Units — 6,526 contracts (Direct);
Common Stock — 206,517 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of RCAT common stock.
- F2. On March 31, 2026, the reporting person was granted 8,701 restricted stock units, vesting in two installments: 25% of the shares underlying the restricted stock units vested immediately and 75% of the shares underlying the restricted stock units will vest on December 31, 2026.
Key Figures
RSUs granted: 8,701 units
RSUs exercised: 2,175 units
Shares withheld for tax: 645 shares
+3 more
6 metrics
RSUs granted
8,701 units
Restricted stock units granted on March 31, 2026
RSUs exercised
2,175 units
Restricted stock units converted into common stock on March 31, 2026
Shares withheld for tax
645 shares
Common shares withheld at $13.09 per share for tax obligations
Withholding price
$13.09 per share
Value used for 645-share tax-withholding disposition
Common shares held
206,517 shares
Direct common stock ownership after transactions
RSUs remaining
6,526 units
Restricted stock units remaining after 2,175-unit exercise
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, Chief Revenue Officer
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Chief Revenue Officer financial
"officer_title": "Chief Revenue Officer""
A chief revenue officer is a top executive responsible for overseeing all aspects of generating income for a company, including sales, marketing, and customer relationships. They develop strategies to attract and retain customers, much like a coach guiding a team to score more points. Investors pay attention to this role because it directly influences the company's growth and profitability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RCAT Chief Revenue Officer Geoffrey Hitchcock report?
Geoffrey Hitchcock reported an equity grant and related activity. He received 8,701 restricted stock units, exercised 2,175 RSUs into common stock, and had 645 common shares withheld at $13.09 each to satisfy tax obligations, leaving 206,517 shares directly held.
How many Red Cat (RCAT) restricted stock units were granted to the CRO?
The Chief Revenue Officer was granted 8,701 restricted stock units. Each RSU represents a contingent right to receive one share of Red Cat common stock, vesting 25% immediately and 75% on December 31, 2026, as part of his equity compensation package.
How do the new RCAT restricted stock units vest for the Chief Revenue Officer?
The 8,701 restricted stock units vest in two installments. According to the disclosure, 25% of the RSUs vested immediately on March 31, 2026, while the remaining 75% are scheduled to vest on December 31, 2026, subject to their terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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