Red Cat Holdings, Inc.: Chairman of the board Jeffrey M Thompson sold 150,000 shares

What happened Jeffrey M Thompson, chairman of the board, chief executive officer and director, sold 150,000 shares on Oct 15, 2026. The filing reports a weighted average sale price of $4.51 and total proceeds of $676,500.

Key details

• Transaction type: sale (Code S); described as open market or private sale.
• Transaction date and prices: Oct 15, 2026; weighted average price $4.51; individual sale prices ranged from $4.45 to $4.61.
• Shares owned after the transaction: not reported in this Form 4.
• Footnotes: the sales were made pursuant to a Rule 10b5-1 trading plan adopted Mar 31, 2026. The filing states it can provide the number of shares sold at each separate price on request.
• Filing date and timeliness: filed Oct 19, 2026 — not reported as late.

Why it may matter

• The sale was executed under a Rule 10b5-1 trading plan adopted Mar 31, 2026, per the filing.
• A filing does not show why the insider traded or why the company acted.