Red Cat director gains 7,429 shares via RSU vesting
Red Cat Holdings, Inc. director Nicholas Reyland Liuzza Jr. exercised restricted stock units into common shares.
Rhea-AI Filing Summary
Red Cat Holdings, Inc. director Nicholas Reyland Liuzza Jr. exercised restricted stock units into common shares. On April 30, 2026, 7,429 restricted stock units settled into 7,429 shares of common stock at a stated price of $0.0000 per share, reflecting a scheduled vesting rather than an open‑market purchase.
The footnote explains these units were originally granted on May 22, 2025 and vested on April 30, 2026. After the settlement, Liuzza directly holds 544,874 shares of Red Cat common stock. The filing shows no open‑market buying or selling activity, only the conversion of vested equity awards into shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,429 shares exercised/converted
Exercise
2 txns
Insider
Liuzza Nicholas Reyland JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,429 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,429 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 544,874 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents a contingent right to receive one share of RCAT common stock. On May 22, 2025, the reporting person was granted 7,429 restricted stock units. The restricted stock units vested on April 30, 2026. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
Key Figures
RSUs settled: 7,429 units/shares
Post-transaction holdings: 544,874 shares
Grant size: 7,429 RSUs
3 metrics
RSUs settled
7,429 units/shares
Restricted stock units vested and converted on April 30, 2026
Post-transaction holdings
544,874 shares
Common stock directly held after April 30, 2026 settlement
Grant size
7,429 RSUs
Restricted stock units granted on May 22, 2025
Key Terms
Restricted Stock Units, contingent right, derivative security
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of RCAT common stock."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of RCAT common stock."
derivative security financial
"transaction_code_description: 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.
FAQ
What did Red Cat (RCAT) director Nicholas Liuzza Jr. report in this Form 4?
He reported settlement of 7,429 restricted stock units into 7,429 shares of Red Cat common stock. This stems from previously granted equity awards vesting on schedule, not from an open-market stock purchase or sale, and increases his directly held common shares.
Were the Red Cat (RCAT) insider transactions open-market buys or sells?
No, the transactions were not open-market buys or sells. They reflect an exercise/conversion of restricted stock units into common stock at a stated price of $0.0000 per share, as part of scheduled vesting of previously granted equity compensation.
What equity award for Red Cat (RCAT) vested for Nicholas Liuzza Jr.?
An award of 7,429 restricted stock units granted on May 22, 2025 vested on April 30, 2026. Each restricted stock unit represented a contingent right to receive one share of Red Cat common stock, which was delivered upon this scheduled vesting.
Does this Red Cat (RCAT) Form 4 show any remaining derivative securities?
No remaining derivative securities are shown in the derivative summary after this vesting. The 7,429 restricted stock units were settled into an equal number of common shares, and the filing lists zero restricted stock units following the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
