Unusual Machines (UMAC) Insider Filing: Restricted Grant and Large Disposition Reported
Rhea-AI Filing Summary
Robert Paul Lowry, a director of Unusual Machines, Inc. (UMAC), reported insider transactions on 08/19/2025. The filing shows an acquisition of 2,308 restricted shares of the issuer's common stock at no cash price; those shares are fully vested and were granted under the company’s 2022 Equity Incentive Plan and are subject to the issuer’s standard Restricted Stock Agreement. The filing notes the reporting person holds indirect ownership through Support Services Group LLC. The form also lists a disposition of 122,740 common shares. The grant was exempt from Section 16(b) under Rule 16b-3 because it was board-approved.
Positive
- Board-approved restricted stock grant of 2,308 shares was exempt under Rule 16b-3
- Restricted shares are fully vested and governed by the issuer's standard Restricted Stock Agreement
- Clear disclosure of indirect ownership via Support Services Group LLC, including statement that the reporting person solely owns and controls the LLC
Negative
- Large disposition reported: 122,740 shares are shown as disposed of but the filing does not provide sale price or explicit transaction date for that line
- Incomplete transactional detail for the 122,740-share disposition limits ability to assess timing and financial impact
Insights
TL;DR: Director reported a small board-approved restricted stock grant and a large share disposition; both are routine Section 16 disclosures.
The filing documents a board-approved grant of 2,308 restricted shares to a director that are fully vested and issued under the 2022 Equity Incentive Plan, exempt from short-swing liability by Rule 16b-3. The report also records a disposal entry of 122,740 common shares. The reporting person states indirect ownership via Support Services Group LLC, which he solely owns and controls. The form does not provide sale price or date associated with the 122,740-share disposition beyond its listing, so the proceeds, counterparty and exact timing of that disposition cannot be determined from this filing alone.
TL;DR: Disclosure aligns with governance norms—board-approved equity grants and reporting of ownership changes; missing details limit full assessment.
The restricted stock grant is documented as board-approved and compliant with Rule 16b-3, which is standard for director compensation. Indirect ownership through an entity controlled by the reporting person is explicitly disclosed. The filing lists a 122,740-share disposition but omits transaction date, price and post-transaction beneficial ownership for that line, which restricts assessment of timing relative to the grant and any potential related-party considerations. Overall, the filing meets Section 16 disclosure format but contains limited transactional detail for the large disposition.