Unusual Machines (UMAC) CEO-linked LLC gets 220,000 restricted shares
Rhea-AI Filing Summary
Unusual Machines, Inc. granted 220,000 shares of restricted common stock on January 23, 2026 to 8 Consulting LLC, an entity over which Chief Executive Officer and director Allan Thomas Evans holds sole voting and dispositive control. The award was made at a price of $0 per share under the company’s 2022 Equity Incentive Plan and was approved by the Board of Directors, qualifying for an exemption from Section 16(b) under Rule 16b-3.
The restricted shares are scheduled to vest in four equal installments on March 15, 2026, May 20, 2026, August 19, 2026 and November 19, 2026, subject to continued service with the company on each vesting date. Following this grant, 1,423,650 shares of common stock are reported as indirectly held through 8 Consulting LLC, and an additional 165,491 shares are reported as held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 220,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The grant of the Issuer's restricted common stock was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The shares of restricted common stock shall vest in four equal increments on March 15, 2026, May 20, 2026, August 19, 2026 and November 19, 2026, subject to continued service with the Company as of each applicable vesting date. The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan. The Reporting Person is the sole owner and holds voting and dispositive control of 8 Consulting LLC.
FAQ
What insider transaction did Unusual Machines (UMAC) report for Allan Thomas Evans?
The filing reports that Chief Executive Officer and director Allan Thomas Evans, through 8 Consulting LLC, received a grant of 220,000 shares of restricted common stock of Unusual Machines, Inc. on January 23, 2026 at a price of $0 per share.
Under which plan was the UMAC restricted stock grant made and was it exempt from Section 16(b)?
The restricted stock was granted under Unusual Machines’ 2022 Equity Incentive Plan. The filing states that the grant was approved by the Board of Directors and was exempt from Section 16(b) under Rule 16b-3.
What roles does Allan Thomas Evans hold at Unusual Machines (UMAC) in this filing?
The reporting person, Evans Allan Thomas, is identified as both a director and an officer, with the officer title listed as Chief Executive Officer of Unusual Machines, Inc.