Camden Andrew Ross 4
Research Summary
AI-generated summary
Unusual Machines President Camden Ross Receives 110,000-Share Award
What Happened
- Camden Andrew Ross, President of Unusual Machines, Inc. (UMAC), was granted 110,000 shares of restricted common stock on 2026-01-23. The shares were awarded at $0.00 per share (total listed value $0) as a compensatory grant under the Issuer's 2022 Equity Incentive Plan. This is an equity award (A = Award/Grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-23; Form 4 filed 2026-01-26 (timely filing).
- Award: 110,000 restricted shares, grant price $0.00; total listed acquisition value $0.
- Vesting: Shares vest in four equal increments on March 15, 2026; May 20, 2026; August 19, 2026; and November 19, 2026, subject to continued service on each vesting date.
- Grant plan and exemption: Granted under the 2022 Equity Incentive Plan and exempt from Section 16(b) short-swing profit recovery per Rule 16b-3 (board-approved compensatory award).
- Shares owned after the transaction: Not specified in the supplied filing.
Context
- This is a compensatory restricted stock award intended to align the executive with long-term shareholder interests; because it vests over time and was granted by the board, it is exempt from Section 16(b).
- Awards differ from open-market purchases in that they reflect company compensation decisions rather than an insider buying or selling stock on the market; they are informative about executive compensation but do not directly signal a personal market bet.