Evans Allan Thomas 4
Research Summary
AI-generated summary
Unusual Machines CEO Evans Allan Thomas Receives Award 220,000 Shares
What Happened
Evans Allan Thomas, CEO of Unusual Machines, Inc. (UMAC), received a grant of 220,000 shares of restricted common stock on January 23, 2026. The shares were granted at $0.00 (no cash paid) under the company's 2022 Equity Incentive Plan; total reported cash value of the transaction is $0. This is an award (not an open‑market purchase or sale).
Key Details
- Transaction date and price: 2026-01-23; 220,000 shares granted at $0.00.
- Vesting: Shares vest in four equal increments on Mar 15, 2026; May 20, 2026; Aug 19, 2026; and Nov 19, 2026, subject to continued service.
- Plan/legal notes: Grant exempt from Section 16(b) under Rule 16b-3 (approved by Board); granted under the 2022 Equity Incentive Plan (Footnote F1).
- Reporting party note: The reporting person is sole owner and holds voting and dispositive control of 8 Consulting LLC (Footnote F2).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Form filed Jan 27, 2026 — appears timely (filed within the Section 16 filing window).
Context
This is a restricted stock award to the CEO that vests over 2026 if the executive remains employed; such awards are common for executive compensation and do not by themselves indicate buying or selling sentiment. Because no cash changed hands, the report shows an award rather than a purchase or sale.