UMAC (NYSE American: UMAC) files Form 144 to sell 100,000 shares
Rhea-AI Filing Summary
UMAC filed a Form 144 reporting the proposed sale of 100,000 shares of Common Stock. The filing lists an aggregate offering price of $2,957,000.00 and shows shares outstanding were 47,793,923 as of 06/04/2026. The filing also records two recent dispositions by Andrew Ross Camden of 9,625 shares on 03/16/2026 for $178,354.00 and 9,625 shares on 05/21/2026 for $136,021.00.
Positive
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Negative
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Insights
Notice shows a planned resale of 100,000 shares with disclosed aggregate proceeds.
The filing lists $2,957,000.00 as the aggregate offering price for 100,000 shares. This quantity represents a clear, quantifiable potential issuance relative to the disclosed outstanding share count of 47,793,923 as of 06/04/2026.
Cash‑flow treatment to the issuer or selling holder is not specified in the excerpt; subsequent filings or transaction reports will show actual transfers and market execution details.
The Form 144 records prior dispositions and the seller’s plan to sell restricted shares.
The record shows recent dispositions by Andrew Ross Camden: 9,625 shares on 03/16/2026 for $178,354.00 and 9,625 shares on 05/21/2026 for $136,021.00. The filing also identifies the securities as Restricted Stock Units tied to compensation.
Regulatory compliance depends on timely reporting and availability of Rule 144 sale conditions; the excerpt does not state the specific sale method or timing.