Form 4: Red Cat Holdings CEO Sells Shares
Insider Transaction (Form 4)
Jeffrey M Thompson, Chairman of the Board, CEO, a Director and 10% owner of Red Cat Holdings, Inc., sold 150,000 shares of common stock on September 15, 2025 for $7.74 per share.
Summary
- Other acquisition/disposition: disposed of 750,000 Common Stock on September 15, 2026; holds 11,862,202 after (Direct).
- Open-market sale: disposed of 150,000 Common Stock at $7.74 ($1,161,000) on September 15, 2026; holds 11,712,202 after (Direct).
- Other acquisition/disposition: acquired 750,000 Forward Sale Contract (obligation to sell) on September 15, 2025; holds 750,000 after (Direct).
- Other acquisition/disposition: disposed of 750,000 Forward Sale Contract (obligation to sell) on September 15, 2026 (Direct).
- Other acquisition/disposition: acquired 1,500,000 Forward Sale Contract (obligation to sell) on January 14, 2026; holds 1,500,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,161,000 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Jeffrey M Thompson — Director, Officer (Chairman of the Board, CEO), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Other acquisition/disposition | Common Stock | 750,000 | — | — | 11,862,202 |
| 2026-09-15 | Open-market sale | Common Stock | 150,000 | $8 | $1.2M | 11,712,202 |
| 2025-09-15 | Other acquisition/disposition | Forward Sale Contract (obligation to sell) | 750,000 | — | — | 750,000 |
| 2026-09-15 | Other acquisition/disposition | Forward Sale Contract (obligation to sell) | 750,000 | — | — | 0 |
| 2026-01-14 | Other acquisition/disposition | Forward Sale Contract (obligation to sell) | 1,500,000 | — | — | 1,500,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Other acquisition/disposition (750,000 shares) |
| 2026-09-15 | Open-market sale (150,000 shares) |
| 2025-09-15 | Other acquisition/disposition (750,000 shares) |
| 2026-09-15 | Other acquisition/disposition (750,000 shares) |
| 2026-01-14 | Other acquisition/disposition (1,500,000 shares) |
Keywords
insider transaction, Form 4, RCAT, Red Cat Holdings, Inc., bearish, Jeffrey M Thompson
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.