UMAC (NYSE American: UMAC) proposes sale of 25,000 common shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
UMAC files a Form 144 notice for the proposed sale of 25,000 shares of Common Stock. The filing lists the shares as Restricted Stock issued for Compensation with a transaction date of 06/01/2026. The record shows 47,793,923 shares outstanding with the exchange listed as NYSE American. The filing also discloses two recent small dispositions by Rich Sanford: 980 shares on 03/16/2026 and 1,392 shares on 05/21/2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale: 25,000 shares
Shares outstanding: 47,793,923 shares
Past sale 1: 980 shares
+2 more
5 metrics
Proposed sale
25,000 shares
Restricted Stock; Compensation; <date>06/01/2026</date>
Shares outstanding
47,793,923 shares
as of <date>06/01/2026</date>
Past sale 1
980 shares
sold by Rich Sanford on <date>03/16/2026</date>
Past sale 2
1,392 shares
sold by Rich Sanford on <date>05/21/2026</date>
Dollar entries shown
$794,500.00
appears in securities information row
Key Terms
Restricted Stock, Form 144, Compensation, NYSE American
4 terms
Restricted Stock regulatory
"Common Stock | 04/30/2024 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Compensation financial
"25000 | 06/01/2026 | Compensation"
NYSE American market
"06/01/2026 | NYSE American"
NYSE American is a stock exchange where companies can list their shares to be bought and sold by investors. It functions like a marketplace, helping businesses raise money and providing investors with opportunities to buy ownership in these companies. Its role is important because it facilitates the trading of smaller or emerging companies, offering investors access to a broader range of investment options.
FAQ
What does UMAC's Form 144 disclose about the securities being sold?
The Form 144 discloses a proposed sale of 25,000 shares of Common Stock. The filing classifies the shares as Restricted Stock issued for Compensation with 06/01/2026 shown as the relevant date.
Who reported recent sales in the Form 144 and what were the amounts?
The filing shows recent dispositions by Rich Sanford: 980 shares on 03/16/2026 and 1,392 shares on 05/21/2026. Dollar values are recorded adjacent to those rows in the excerpt.
On which exchange is UMAC listed according to the Form 144?
The excerpt indicates UMAC is listed on the NYSE American. The exchange name appears in the securities information section alongside share and date entries.