Unusual Machines (UMAC) president sells 9,625 shares at $18.57
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unusual Machines, Inc. President Camden Andrew Ross sold 9,625 shares of common stock in an open-market transaction. The weighted average sale price was $18.5728 per share, with individual trades ranging from $17.84 to $20.55. After this sale, he directly holds 356,375 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,625 shares ($178,763)
Net Sell
1 txn
Insider
Camden Andrew Ross
Role
President
Sold
9,625 shs ($179K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,625 | $18.5728 | $179K |
Holdings After Transaction:
Common Stock — 356,375 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Unusual Machines (UMAC) report on this Form 4?
Unusual Machines reported that President Camden Andrew Ross sold 9,625 shares of common stock. The transaction was an open-market sale, providing detail on his trading activity while showing he still retains a substantial direct ownership stake after the sale.
What does the pricing footnote in the Unusual Machines (UMAC) Form 4 explain?
The footnote explains that the reported $18.5728 price is a weighted average across multiple trades. Individual sale prices ranged from $17.84 to $20.55, and Ross has agreed to provide detailed breakdowns of shares sold at each price upon request to investors or regulators.
Was the Unusual Machines (UMAC) insider sale a market transaction?
Yes, the Form 4 identifies the transaction as an open-market sale of common stock. The sale code “S” and description confirm it was executed in the market or a private transaction, rather than a grant, option exercise, or tax-withholding related disposition.