December 29, 2025 · Form 4 insider transaction
Rich Sanford bought 65,789 shares of UMAC at $1.99 per share, a transaction worth $130.9K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
The cashless exercise of the Common Stock Purchase Warrants 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.