Unusual Machines president granted 110,000 shares
Unusual Machines, Inc. granted its President, Camden Andrew Ross, 110,000 shares of restricted common stock on January 23, 2026 at a price of $0 per share.
Rhea-AI Filing Summary
Unusual Machines, Inc. granted its President, Camden Andrew Ross, 110,000 shares of restricted common stock on January 23, 2026 at a price of $0 per share. Following this award, he beneficially owns 366,000 shares of the company’s common stock directly.
The restricted shares were granted under the company’s 2022 Equity Incentive Plan and were approved by the Board of Directors. They will vest in four equal installments on March 15, 2026, May 20, 2026, August 19, 2026, and November 19, 2026, subject to his continued service with the company on each vesting date.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 110,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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 shall vest in four equal increments on March 15, 2026, May 20, 2026, August 19, 2026 and November 19, 2026, subject to continued service with the Company as of each applicable vesting date. The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan.
FAQ
What insider transaction did Unusual Machines (UMAC) report in this Form 4?
The company reported that its President, Camden Andrew Ross, received a grant of 110,000 shares of restricted common stock on January 23, 2026 at a price of $0 per share.
Is the Unusual Machines (UMAC) restricted stock grant exempt from Section 16(b)?
Yes. The filing states the grant of restricted common stock was exempt from Section 16(b) by virtue of Rule 16b-3, as it was approved by the Board of Directors.
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