Thompson Jeffrey M 4
4 · Red Cat Holdings, Inc. · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Red Cat (RCAT) 10% Owner Jeffrey M. Thompson Sells 150,000 Shares
What Happened
Jeffrey M. Thompson, a reported 10% owner of Red Cat Holdings, sold 150,000 shares on July 15, 2026 in an open-market/private sale. The weighted-average sale price was $8.51 per share, producing gross proceeds of approximately $1,276,500. This was a sale (liquidation) rather than a purchase—such sales are often routine and may be executed under prearranged trading plans.
Key Details
- Transaction date: 2026-07-15; Form filed 2026-07-16 (appears timely).
- Shares sold: 150,000; weighted average price: $8.51; gross proceeds ≈ $1,276,500.
- Price range: shares were sold at prices between $8.18 and $9.04 (report states breakdown by price is available on request).
- Footnotes: Sales were made pursuant to a Rule 10b5-1 trading plan adopted March 31, 2026.
- Shares owned after the transaction: not specified in the provided filing.
Context
As a 10% owner, Thompson is a significant shareholder; trades by such holders can reflect portfolio rebalancing or liquidity needs and do not necessarily indicate company performance or management sentiment. The presence of a 10b5-1 plan means the sales were prearranged and executed according to that plan's terms.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-07-15$8.51/sh−150,000$1,276,500→ 12,762,202 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 31, 2026.
- [F2]Represents a weighted average sales price per share. The shares were sold at price ranges from $8.18 to $9.04. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.