Liuzza Nicholas Reyland JR 4
4 · Red Cat Holdings, Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Red Cat (RCAT) Director Liuzza Receives 7,429 Shares
What Happened
Director Nicholas Reyland Liuzza Jr. received 7,429 shares of Red Cat Holdings (RCAT) on April 30, 2026. The Form 4 records an exercise/conversion of a derivative (transaction code M) reflecting the settlement of restricted stock units (RSUs) into common stock. No per-share price or cash amount is reported in the filing.
Key Details
- Transaction date: April 30, 2026. Form 4 filed May 4, 2026 (timely; within the two-business-day rule).
- Shares involved: 7,429 shares acquired via conversion/settlement of RSUs (transaction code M). A matching derivative disposition entry appears on the form; no cash proceeds or sale is reported.
- Price: N/A (no dollar amount reported).
- Footnote: The RSUs were granted May 22, 2025 and vested April 30, 2026; the transaction represents settlement of those RSUs into common stock.
- Shares owned after the transaction: not specified in the filing.
Context
This was a routine vesting/settlement of RSUs, not an open-market purchase or sale. Such settlements convert previously granted equity awards into shares upon vesting and do not by themselves indicate buying or selling activity in the market.
Insider Transaction Report
Form 4
Liuzza Nicholas Reyland JR
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-30+7,429→ 544,874 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-04-30−7,429→ 0 total→ Common Stock (7,429 underlying)
Footnotes (1)
- [F1]Each restricted stock unit represents a contingent right to receive one share of RCAT common stock. On May 22, 2025, the reporting person was granted 7,429 restricted stock units. The restricted stock units vested on April 30, 2026. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
Signature
/s/ Nicholas R. Liuzza, Jr.|2026-05-04