Rich Sanford 4
4 · Unusual Machines, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Unusual Machines (UMAC) Director Rich Sanford Sells Shares, Receives Award
What Happened
Director Rich Sanford received a grant of 2,784 restricted common shares on 2026-05-20 (acquired at $0). The next day (2026-05-21) he sold 1,392 of those shares in open-market trades for a weighted average price of $14.18, producing gross proceeds of approximately $19,736.
Key Details
- Grant: 2,784 restricted shares on 2026-05-20; acquisition price reported as $0. (Footnote F1: grant was board-approved under the 2022 Equity Incentive Plan and is exempt from Section 16(b) by Rule 16b-3; shares are fully vested.)
- Sale: 1,392 shares sold on 2026-05-21 in open-market transactions at a weighted average price of $14.18; total proceeds ≈ $19,736. (Footnote F2: sales occurred at prices ranging $13.82–$14.81; reporting person will provide a price-by-price breakdown on request.)
- Shares owned after the transactions: not provided in the data you supplied.
- Filing: Report filed 2026-05-22; transaction dates 2026-05-20 and 2026-05-21 — no late filing flag indicated.
Context
The award was a board-approved grant of restricted stock that is fully vested (per F1). The subsequent sale was an open-market disposal of part of that grant; such sales are routine liquidity actions and do not, by themselves, indicate management sentiment.
Insider Transaction Report
Form 4
Rich Sanford
Director
Transactions
- Award
Common Stock
[F1]2026-05-20+2,784→ 208,709 total - Sale
Common Stock
[F2]2026-05-21$14.18/sh−1,392$19,736→ 207,317 total
Footnotes (2)
- [F1]The grant of the Issuer's restricted common stock was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The shares of restricted common stock are fully vested. The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan.
- [F2]The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $13.82 to $14.81, inclusive. The reporting person undertakes to provide to Unusual Machines, Inc., any security holder of Unusual Machines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
Signature
/s/ Sanford Rich|2026-05-22