Thompson Jeffrey M 4

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.