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4Accepted Jun 2, 4:05 PM ET

Unusual Machines (UMAC) Director Rich Sanford Sells 25,000 Shares

UMACUnusual Machines, Inc.

Accepted (ET)

4:05 PM

Jun 2, 2026

Filed

Jun 2, 2026

Documents

1

Size

5.1 KB

Summary

Unusual Machines (UMAC) Director Rich Sanford Sells 25,000 Shares

Updated

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.

AI-written summary · check the filing