Lowry Robert Paul 4
Research Summary
AI-generated summary
Unusual Machines (UMAC) Director Lowry Robert Paul Receives 2,784-Share Award
What Happened Lowry Robert Paul, a director of Unusual Machines, Inc. (UMAC), was granted 2,784 shares of restricted common stock on 2026-05-20. The shares have an acquisition price of $0.00 (total reported value $0) and are described in the filing as fully vested at grant. The award was granted under the Issuer's 2022 Equity Incentive Plan and requires execution of the company’s standard Restricted Stock Agreement.
Key Details
- Transaction type: Award/Grant (code A)
- Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (timely — within two business days)
- Shares: 2,784 restricted common shares; Price: $0.00; Reported value: $0
- Vesting/status: Filing states the shares are fully vested upon grant
- Plan: Granted under the Issuer’s 2022 Equity Incentive Plan and subject to the standard Restricted Stock Agreement (per footnote)
- Ownership after transaction: Not specified in the provided filing excerpt
- Additional note: The reporting person is identified as the sole owner and holds voting and dispositive control of Support Services Group LLC (per footnote)
Context This is a grant of restricted stock (not an open-market purchase or sale). Because the shares are reported as fully vested, the director obtained immediate beneficial ownership subject to the terms of the Restricted Stock Agreement and any transfer restrictions. The grant was approved by the Board and exempt from Section 16(b) short-swing profit rules under Rule 16b-3, per the filing.