Red Cat Holdings (RCAT) chief sells 150,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

Red Cat Holdings, Inc. Chairman and CEO Jeffrey M. Thompson reported an open-market sale of 150,000 shares of common stock on July 15, 2026 at a weighted-average price of $8.51 per share, with individual trades between $8.18 and $9.04. The sale was executed under a Rule 10b5-1 trading plan adopted on March 31, 2026. After this transaction, Thompson directly holds 12,762,202 shares of Red Cat common stock.

Insider Trade Summary 10b5-1

Net Seller: 150,000 shares

Net Sell 1 txn

Insider Thompson Jeffrey M

Role Chairman of the Board, CEO

Sold 150,000 shs ($1.28M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	150,000	$8.51	$1.28M

Holdings After Transaction: Common Stock — 12,762,202 shares (Direct)

Footnotes (2)

1. F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 31, 2026.
2. F2. Represents a weighted average sales price per share. The shares were sold at price ranges from $8.18 to $9.04. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Key Figures

Common shares sold: 150,000 shares Average sale price: $8.51 per share Post-transaction holdings: 12,762,202 shares +2 more

5 metrics

Common shares sold 150,000 shares Open-market sale of common stock on July 15, 2026

Average sale price $8.51 per share Weighted-average price for the 150,000 shares sold

Post-transaction holdings 12,762,202 shares Red Cat common shares held directly by Jeffrey Thompson after the sale

Sale price range $8.18–$9.04 per share Range of individual trade prices within the reported sale

Trading plan adoption date March 31, 2026 Date Jeffrey Thompson adopted the Rule 10b5-1 trading plan used for the sale

Key Terms

Rule 10b5-1 trading plan, weighted average sales price per share, open-market sale

3 terms

Rule 10b5-1 trading plan regulatory

"The sales reported were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sales price per share financial

"Represents a weighted average sales price per share."

open-market sale market

"transaction_action indicates an open-market sale of common stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/16/2026 - 05:19 PM Accepted by SEC EDGAR 07/16/2026 - 05:19 PM Learn about SEC filing dates

FAQ

What insider transaction did Red Cat (RCAT) CEO Jeffrey Thompson report?

Jeffrey Thompson reported an open-market sale of 150,000 Red Cat (RCAT) common shares on July 15, 2026 at a weighted-average price of $8.51 per share. The transaction was executed under a pre-established Rule 10b5-1 trading plan.

How many RCAT shares did Jeffrey Thompson sell and at what price?

Jeffrey Thompson sold 150,000 RCAT common shares at a weighted-average price of $8.51 per share. According to the disclosure, individual trades occurred within a price range of $8.18 to $9.04 per share.

Does the RCAT insider sale by Jeffrey Thompson involve a Rule 10b5-1 plan?

Yes. The sales were effected under a Rule 10b5-1 trading plan adopted by Jeffrey Thompson on March 31, 2026. Such plans prearrange trading parameters, reducing the significance of market-timing interpretations of the sale.

How many Red Cat (RCAT) shares does Jeffrey Thompson own after the sale?

Following the reported transaction, Jeffrey Thompson directly holds 12,762,202 shares of Red Cat (RCAT) common stock. This figure reflects his post-transaction position after selling 150,000 shares in the open market.

Over what price range were Jeffrey Thompson’s RCAT shares sold?

The reported sale used a weighted-average price, with individual trades executed between $8.18 and $9.04 per RCAT share. The insider noted willingness to provide detailed share counts at each specific price upon request.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Thompson Jeffrey M

(Last) (First) (Middle)

C/O RED CAT HOLDINGS INC.

2800 S WEST TEMPLE, SUITE 5

(Street)

SOUTH SALT LAKE UTAH 84115

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Red Cat Holdings, Inc. [ RCAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board, CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/15/2026		S(1)		150,000	D	$8.51(2)	12,762,202	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 31, 2026.

2. Represents a weighted average sales price per share. The shares were sold at price ranges from $8.18 to $9.04. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Remarks:

	/s/ Jeffrey M. Thompson	07/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)