Unusual Machines (UMAC) president gets 110,000 restricted shares grant
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.
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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.
How many Unusual Machines (UMAC) shares does the president own after this grant?
After the reported transaction, President Camden Andrew Ross beneficially owns 366,000 shares of Unusual Machines common stock in direct ownership.
What is the vesting schedule for the 110,000 restricted Unusual Machines (UMAC) shares?
The 110,000 restricted shares vest in four equal installments on March 15, 2026, May 20, 2026, August 19, 2026, and November 19, 2026, subject to continued service.
Under which plan were the new Unusual Machines (UMAC) shares granted to the president?
The restricted common stock granted to President Camden Andrew Ross was issued under Unusual Machines’ 2022 Equity Incentive Plan.
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.
Does the Unusual Machines (UMAC) president hold the reported shares directly or indirectly?
The Form 4 lists the 366,000 shares of common stock, including the new grant, as held with direct (D) ownership by President Camden Andrew Ross.