Red Cat (RCAT) Director Nicholas Liuzza Jr. Sells 65,000 Shares

What Happened

• Nicholas Reyland Liuzza Jr., a director of Red Cat Holdings, Inc. (RCAT), sold 65,000 shares of RCAT stock in an open-market transaction. The filing reports a weighted average price of $8.50 per share for total proceeds of approximately $552,500. The shares were sold in multiple trades at prices ranging from $8.47 to $8.52.

Key Details

• Transaction date: 2026-08-28 (reported on Form 4 filed 2026-09-01).
• Price: weighted average $8.50; individual sale prices ranged $8.47–$8.52 (see footnote).
• Shares sold: 65,000; proceeds ≈ $552,500.
• Shares owned after transaction: not specified in the excerpt provided (see full Form 4 for post-transaction holdings).
• Footnote: the reported price is a weighted average; the filer can provide a breakdown of number of shares sold at each price in the $8.47–$8.52 range upon request.
• Timeliness: Filed within the Form 4 reporting window (filed 2026-09-01 for an 8/28/2026 trade).

Context

• This was a sale, which is common for insiders for reasons such as diversification or liquidity and does not by itself indicate the insider’s view of the company’s prospects. Purchases tend to be more directly informative about insider conviction. For full context (holding changes, other filings, and potential 10b5-1 plans), consult the complete Form 4 filing (Accession 0001493152-26-041010).