Unusual Machines director granted 1,961 restricted shares
Thompson Jeffrey M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Thompson Jeffrey M reported acquisition or exercise transactions in this Form 4 filing.
Unusual Machines, Inc. director Jeffrey M. Thompson reported receiving a grant of 1,961 shares of restricted common stock on March 13, 2026. The award was granted at a price of $0.00 per share as a form of equity compensation, not an open-market purchase.
After this grant, Thompson directly holds 342,561 shares of Unusual Machines common stock. The restricted shares are fully vested and were approved by the company’s Board of Directors under its 2022 Equity Incentive Plan, subject to execution of the standard Restricted Stock Agreement.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,961 | $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 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.
FAQ
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What insider transaction did Unusual Machines (UMAC) report for Jeffrey M. Thompson?
Was the Unusual Machines (UMAC) stock grant to Jeffrey M. Thompson a market purchase or compensation?
What are the key terms of Jeffrey M. Thompson’s restricted stock grant from Unusual Machines (UMAC)?
Why is the Unusual Machines (UMAC) stock grant to Jeffrey M. Thompson exempt under Rule 16b-3?
What does Unusual Machines’ 2022 Equity Incentive Plan provide in this Form 4 for UMAC?
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