Unusual Machines (UMAC) director gains 1,961 fully vested restricted shares
Rhea-AI Filing Summary
Unusual Machines, Inc. director Robert Paul Lowry reported an acquisition of 1,961 shares of restricted common stock, granted to Support Services Group LLC on March 13, 2026. This equity award was approved by the Board under the company’s 2022 Equity Incentive Plan and is fully vested.
Lowry is the sole owner of Support Services Group LLC and holds voting and dispositive control over its 7,409 indirectly held shares following the grant. He also reports 155,635 shares of common stock held directly.
Positive
- None.
Negative
- None.
Insights
Director received a fully vested equity grant through a controlled LLC.
The filing shows director Robert Paul Lowry receiving 1,961 shares of restricted common stock via Support Services Group LLC. The grant is compensation-related and was approved by the Board under the 2022 Equity Incentive Plan, indicating a structured incentive framework.
The award is fully vested but governed by the company’s standard Restricted Stock Agreement, which typically includes transfer and other contractual terms. Alongside this indirect position of 7,409 shares, Lowry reports 155,635 directly held shares, so the filing mainly updates his overall equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,961 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
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 and subject to execution of the Issuer's standard Restricted Stock Agreement. The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan. The Reporting Person is the sole owner and holds voting and dispositive control of Support Services Group LLC.