Unusual Machines (UMAC) director sells 25,000 shares in market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unusual Machines, Inc. director Rich Sanford reported an open-market sale of company stock. On June 1, 2026, he sold 25,000 shares of Unusual Machines common stock in a transaction coded as an open-market sale.
The shares were sold at a weighted average price of $28.9817 per share, with individual trades executed between $27.59 and $30.97, according to the disclosure. Following this sale, Sanford directly owns 182,317 shares of Unusual Machines common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 25,000 shares ($724,543)
Net Sell
1 txn
Insider
Rich Sanford
Role
null
Sold
25,000 shs ($725K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $28.9817 | $725K |
Holdings After Transaction:
Common Stock — 182,317 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 25,000 shares
Weighted average sale price: $28.9817 per share
Post-transaction holdings: 182,317 shares
+2 more
5 metrics
Shares sold
25,000 shares
Open-market sale of common stock on June 1, 2026
Weighted average sale price
$28.9817 per share
Reported sale price for the 25,000 shares
Post-transaction holdings
182,317 shares
Common stock directly owned after the sale
Sale price range low
$27.59 per share
Lowest price in the reported sale range
Sale price range high
$30.97 per share
Highest price in the reported sale range
Key Terms
open-market sale, weighted average price, Common Stock, Form 4
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is a weighted average price across multiple trades"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"The security title for the transaction is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The insider transaction is disclosed in a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Unusual Machines (UMAC) director Rich Sanford report?
Rich Sanford reported selling 25,000 shares of Unusual Machines common stock in an open-market transaction. The filing shows this sale occurred on June 1, 2026, and was reported on a Form 4 as a routine insider share disposition.
Was the Unusual Machines (UMAC) insider sale a market transaction?
Yes. The transaction is coded as an open-market sale of common stock. The Form 4 describes it as a sale in the open market or private transaction, with a weighted average price and a specified price range for the executed trades.
Does the Unusual Machines (UMAC) filing mention a trading plan or tax withholding?
The disclosure describes a weighted average sale across multiple prices but does not reference tax withholding or a Rule 10b5-1 trading plan. It characterizes the event as a straightforward open-market sale of common stock by director Rich Sanford.