Unusual Machines director sells 980, gets stock grant
Unusual Machines, Inc. director Rich Sanford reported both a stock grant and a small share sale.
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Rhea-AI Filing Summary
Unusual Machines, Inc. director Rich Sanford reported both a stock grant and a small share sale. On March 13, 2026, he acquired 1,961 shares of common stock as a fully vested restricted stock grant under the company’s 2022 Equity Incentive Plan at $0.00 per share. On March 16, 2026, he executed an open-market sale of 980 common shares at $20.20 per share. After the sale, Sanford directly owned 205,925 common shares, indicating that the disposition was a small portion of his overall holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 980 | $20.20 | $20K |
| 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. The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan.
FAQ
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What insider transactions did Rich Sanford report for Unusual Machines (UMAC)?
What stock grant did Rich Sanford receive from Unusual Machines (UMAC)?
Under which plan was Rich Sanford’s Unusual Machines (UMAC) stock grant issued?
Was Rich Sanford’s Unusual Machines (UMAC) stock grant exempt under Section 16(b)?
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