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Unusual Machines grants CEO 5M warrants

Vesting depends on stock-price targets measured over a 20-consecutive-trading-day period and continued employment through each vesting date.

(Neutral)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Unusual Machines, Inc. (UMAC) granted 5,000,000 warrants, held indirectly by 8 Consulting LLC, which CEO Allan Thomas Evans solely owns and controls, on October 5, 2026. The warrants cover 5,000,000 common shares, have a $25 exercise price and expire July 24, 2031. The grant was in exchange for Evans's agreement to work without cash compensation after December 31, 2026, subject to shareholder approval. They vest in 1,000,000-warrant increments at common-stock price targets of $25, $40, $60, $80 and $100, measured using an average closing price over a 20-consecutive-trading-day period, with continued employment required through each vesting date.

Insider Evans Allan Thomas
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Warrants F1, F2 5,000,000 -- --
Holdings After Transaction: Warrants — 5,000,000 contracts (Indirect, By 8 Consulting LLC)
Footnotes (2)
  1. F1. (1)?The warrants reported herein were granted in exchange for the Reporting Person's agreement to work for the Issuer without cash compensation after December 31, 2026, subject to shareholder approval. The grant was exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 promulgated thereunder, having been approved by the Compensation Committee of the Issuer's Board of Directors. The warrants shall vest in equal increments of 1,000,000 warrants, subject to the Issuer's common stock meeting the following price targets: $25, $40, $60, $80 and $100, which price targets shall be measured using an average closing price over a 20-consecutive trading day period, subject to any adjustments and the Reporting Person's continued employment with the Issuer or a subsidiary through the applicable vesting dates.
  2. F2. The Reporting Person is the sole owner and holds voting and dispositive control of 8 Consulting LLC.
Warrant award 5,000,000 warrants Held indirectly by 8 Consulting LLC; awarded October 5, 2026
Underlying common shares 5,000,000 shares Shares covered by the warrants
Exercise price $25 per share Warrant exercise price
Vesting increment 1,000,000 warrants Equal increments, subject to the stated vesting conditions
Common-stock price targets $25, $40, $60, $80 and $100 Measured using an average closing price over a 20-consecutive-trading-day period
Price measurement period 20 consecutive trading days Average closing price measurement for the vesting targets
Warrant expiration July 24, 2031 Expiration date
warrants financial
"The warrants reported herein were granted"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
vest financial
"shall vest in equal increments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
average closing price financial
"measured using an average closing price"
The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.
Rule 16b-3 regulatory
"pursuant to Rule 16b-3 promulgated thereunder"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many warrants were awarded in UMAC's Form 4?

Unusual Machines granted 5,000,000 warrants, held indirectly by 8 Consulting LLC, which CEO Allan Thomas Evans solely owns and controls. The warrants cover 5,000,000 common shares, have a $25 exercise price and expire July 24, 2031.

What are the UMAC warrant vesting conditions?

The warrants vest in 1,000,000-warrant increments at common-stock price targets of $25, $40, $60, $80 and $100. Each target is measured using an average closing price over a 20-consecutive-trading-day period, and vesting is subject to Evans's continued employment through the applicable vesting dates.

What work arrangement was tied to the UMAC warrants?

The grant was in exchange for Allan Thomas Evans's agreement to work for Unusual Machines without cash compensation after December 31, 2026, subject to shareholder approval.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Evans Allan Thomas

(Last)(First)(Middle)
5728 MAJOR BLVD
STE #250

(Street)
ORLANDO FLORIDA 32312

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Unusual Machines, Inc. [ UMAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants(1)$2510/05/2026A5,000,000 (1)07/24/2031Common Stock5,000,000(1)5,000,000IBy 8 Consulting LLC(2)
Explanation of Responses:
1. (1)?The warrants reported herein were granted in exchange for the Reporting Person's agreement to work for the Issuer without cash compensation after December 31, 2026, subject to shareholder approval. The grant was exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 promulgated thereunder, having been approved by the Compensation Committee of the Issuer's Board of Directors. The warrants shall vest in equal increments of 1,000,000 warrants, subject to the Issuer's common stock meeting the following price targets: $25, $40, $60, $80 and $100, which price targets shall be measured using an average closing price over a 20-consecutive trading day period, subject to any adjustments and the Reporting Person's continued employment with the Issuer or a subsidiary through the applicable vesting dates.
2. The Reporting Person is the sole owner and holds voting and dispositive control of 8 Consulting LLC.
/s/ Allan Evans10/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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