Unusual Machines (UMAC) director logs share grant and 1,392-share sale
Rhea-AI Filing Summary
Unusual Machines, Inc. director Rich Sanford reported both an equity award and a share sale. On May 20, 2026, he received 2,784 shares of restricted common stock at $0.00 per share as a fully vested grant under the 2022 Equity Incentive Plan. On May 21, 2026, he conducted an open-market sale of 1,392 common shares at a weighted average price of $14.1779 per share, from transactions ranging between $13.82 and $14.81. After these transactions, Sanford directly held 207,317 common shares.
Positive
- None.
Negative
- None.
Insights
Routine mix of equity grant and small share sale with large position retained.
Director Rich Sanford received 2,784 restricted shares of Unusual Machines, Inc. common stock at $0.00 on May 20, 2026, fully vested under the 2022 Equity Incentive Plan. This is a standard equity compensation event, not a market purchase.
On May 21, 2026, he executed an open-market sale of 1,392 shares at a weighted average price of $14.1779, with trades between $13.82 and $14.81. Following the sale, he still directly owned 207,317 shares, so the sold amount is a small fraction of his reported holdings.
The filing shows no remaining derivative securities and does not reference a Rule 10b5-1 trading plan. Overall, this appears as routine compensation plus a modest liquidity transaction, which is typically interpreted as neutral for the broader investment picture.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,392 | $14.1779 | $20K |
| Grant/Award | Common Stock | 2,784 | $0.00 | -- |
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 are fully vested. The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $13.82 to $14.81, inclusive. The reporting person undertakes to provide to Unusual Machines, Inc., any security holder of Unusual Machines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.