Rich Sanford 4
4 · Unusual Machines, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Unusual Machines (UMAC) Director Rich Sanford Sells 25,000 Shares
What Happened
Rich Sanford, a director of Unusual Machines, Inc. (UMAC), sold 25,000 shares in open-market transactions on June 1, 2026. The Form 4 reports a weighted average sale price of $28.98, producing proceeds of approximately $724,543. The filing classifies the transaction as a sale (S).
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (appears timely).
- Reported weighted average price: $28.98; actual trades ranged from $27.59 to $30.97 (footnote F1).
- Shares disposed: 25,000; proceeds ≈ $724,543.
- Shares owned after the transaction: not disclosed in the provided summary of the filing.
- Footnote F1: the $28.98 is a weighted average; the reporting person will provide a breakdown of share counts at each price in the $27.59–$30.97 range upon request.
Context
This was an open-market sale (not an option exercise or gift). Sales by insiders can be routine (e.g., diversification or liquidity) and do not, by themselves, indicate a change in company fundamentals.
Insider Transaction Report
Form 4
Rich Sanford
Director
Transactions
- Sale
Common Stock
[F1]2026-06-01$28.98/sh−25,000$724,543→ 182,317 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $27.59 to $30.97, 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|2026-06-02