Unusual Machines, Inc. (UMAC) awards CFO 375,000 options vesting over 3 years
Rhea-AI Filing Summary
Unusual Machines, Inc. granted its Chief Financial Officer, Brian Joseph Hoff, 375,000 stock options on 2026-07-24 at an exercise price of 19.3600 per share, expiring 2031-07-24. The options vest in equal quarterly installments over three years, contingent on his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hoff Brian Joseph
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) F1 | 375,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (Right to Buy) — 375,000 shares (Direct)
Footnotes (1)
- F1. The stock options reported herein were granted pursuant to the Issuer's 2022 Equity Incentive Plan. 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 options vest in equal quarterly installments over a three-year period from the grant date, in each case subject to the Reporting Person's continued employment with the Issuer or a subsidiary through the applicable vesting date.
Key Figures
Stock options granted: 375000.0000 Stock Options (Right to Buy)
Exercise price: 19.3600 per share
Expiration date: 2031-07-24
+1 more
4 metrics
Stock options granted
375000.0000 Stock Options (Right to Buy)
Grant to CFO Brian Joseph Hoff on 2026-07-24
Exercise price
19.3600 per share
Exercise price of the granted stock options
Expiration date
2031-07-24
Expiration of the granted stock options
Underlying common shares
375000.0000 shares
Common Stock underlying the granted options
Key Terms
Stock Options (Right to Buy), 2022 Equity Incentive Plan, Section 16(b) of the Securities Exchange Act of 1934, Rule 16b-3
4 terms
Stock Options (Right to Buy) financial
"security_title is reported as Stock Options (Right to Buy)"
2022 Equity Incentive Plan financial
"granted pursuant to the Issuer's 2022 Equity Incentive Plan"
Section 16(b) of the Securities Exchange Act of 1934 regulatory
"exempt from Section 16(b) of the Securities Exchange Act of 1934"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Unusual Machines (UMAC) report for its CFO?
Unusual Machines reported a grant of 375,000 stock options to Chief Financial Officer Brian Joseph Hoff. The options have an exercise price of 19.3600 per share, expire on 2031-07-24, and vest in equal quarterly installments over three years.
What are the key terms of the Unusual Machines (UMAC) CFO’s stock option grant?
The CFO received 375,000 stock options with an exercise price of 19.3600 per share, expiring 2031-07-24. The options vest in equal quarterly installments over three years, subject to his continued employment with Unusual Machines or a subsidiary.
How do the Unusual Machines (UMAC) CFO options vest?
The CFO’s 375,000 stock options vest in equal quarterly installments over a three-year period from the grant date. Each vesting installment depends on his continued employment with Unusual Machines, Inc. or one of its subsidiaries through the applicable vesting date.
Under which plan were the Unusual Machines (UMAC) CFO options granted?
The 375,000 stock options were granted under Unusual Machines’ 2022 Equity Incentive Plan. The grant was approved by the Compensation Committee of the Board and is exempt from Section 16(b) under Rule 16b-3 of the Securities Exchange Act of 1934.
Did the Unusual Machines (UMAC) CFO buy or sell any common stock in this Form 4?
No common stock purchases or sales were reported. The filing shows only an acquisition of stock options—a grant of 375,000 options—rather than any open-market or other transactions in Unusual Machines’ common stock by the CFO.