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.
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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.
How and when do the new restricted shares for UMAC’s CEO-related entity vest?
The 220,000 restricted shares vest in four equal installments on March 15, 2026, May 20, 2026, August 19, 2026 and November 19, 2026, and each vesting date is conditioned on continued service with the company.
Through what entity are some of the UMAC shares held in this Form 4?
Certain shares are reported as indirectly owned “By: 8 Consulting LLC”. The footnotes state that the reporting person is the sole owner of 8 Consulting LLC and holds voting and dispositive control over that entity.
What are Allan Thomas Evans’s reported UMAC shareholdings after this Form 4 transaction?
After the reported grant, the filing shows 1,423,650 shares of Unusual Machines common stock indirectly held through 8 Consulting LLC and an additional 165,491 shares held directly.
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.