Wright Stacy Rochelle 4
Research Summary
AI-generated summary
Unusual Machines (UMAC) CRO Stacy Wright Sells 13,750 Shares
What Happened
- Stacy Rochelle Wright, Chief Revenue Officer of Unusual Machines, Inc. (UMAC), sold 13,750 shares on 2026-03-16. The Form 4 reports a weighted-average price of $18.57, producing total proceeds of approximately $255,306. The filing classifies the transaction as a sale (S) via open-market or private sale.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely filing).
- Shares sold: 13,750; weighted-average price reported: $18.57; total value: ~$255,306.
- Price range: sales occurred in multiple trades between $17.81 and $20.55 (footnote F1). The reporting person offers to provide a full breakdown of shares sold at each price on request.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, gift, option exercise, or tax-withholding note was disclosed in the provided information.
Context
- This was a sale, which is commonly a liquidity or portfolio-management move and generally less informative about insider bullishness than purchases. The filing appears timely (filed the day after the reported transaction).