Unusual Machines (UMAC) Director Awarded 2,308 Restricted Shares
Rhea-AI Filing Summary
Director Cristina Colon received a grant of 2,308 shares of restricted common stock of Unusual Machines, Inc. (UMAC) on 08/19/2025. The shares were issued at a price of $0 and are reported as fully vested following execution of the company's standard Restricted Stock Agreement. After the grant, Ms. Colon beneficially owns 60,980 shares. The grant was approved by the board and stated as exempt from Section 16(b) under Rule 16b-3, and was made under the Issuer's 2022 Equity Incentive Plan, as amended.
Positive
- Director alignment: Grant of 2,308 restricted shares increases director Cristina Colon's stake to 60,980 shares, aligning interests with shareholders.
- Board approval and Rule 16b-3 exemption: The award was approved by the board and expressly stated as exempt from Section 16(b), indicating corporate governance compliance.
- Immediate vesting: Shares are reported as fully vested and subject to the standard Restricted Stock Agreement, meaning the director has immediate economic exposure.
Negative
- None.
Insights
Board-approved restricted shares align director incentives without a transaction subject to short-swing rules.
The Form 4 discloses a board-approved grant of 2,308 restricted shares to Director Cristina Colon, exempt under Rule 16b-3. Because the award is fully vested and board-approved, it does not trigger Section 16(b) short-swing liability. From a governance perspective, director equity compensation that vests immediately strengthens alignment with shareholders, but the filing provides no information on grant rationale, valuation context, or dilution impact relative to outstanding shares.
Modest insider stock grant increases director ownership; not a material market-moving transaction by itself.
The reported zero-price issuance of 2,308 restricted shares raises the director's beneficial holdings to 60,980 shares. The filing confirms the award was made under the 2022 Equity Incentive Plan and is board-approved, which explains the Rule 16b-3 exemption. The disclosure lacks valuation, percentage ownership, or timing context that would be needed to assess materiality relative to total outstanding shares, so market impact appears limited based on the available facts.