Radio And Television Broadcasting And Communications Equipment

Corporate GovernanceJul 28, 2026, 04:07 PM

Unusual Machines CEO Gets 5M Warrants, Waives Cash Comp

AI Summary

Unusual Machines' Compensation Committee approved a grant of 5,000,000 warrants to CEO Dr. Allan Evans, exercisable at $25.00 per share and vesting upon stock price targets up to $100.00. In exchange, Dr. Evans will waive all cash compensation after December 31, 2026. This warrant grant is subject to shareholder approval. Additionally, the Committee granted five-year stock options to President Andrew Camden (525,000), CFO Brian Hoff (375,000), and CRO Stacy Wright (375,000), exercisable at $19.36 per share and vesting quarterly over three years.

Key Highlights

CEO Dr. Allan Evans granted 5,000,000 warrants to purchase common stock.
CEO warrants have an exercise price of $25.00 per share and expire July 24, 2031.
CEO warrants vest in five tranches upon stock reaching $25.00, $40.00, $60.00, $80.00, and $100.00.
CEO Dr. Evans will waive all cash compensation from the Company after December 31, 2026.
President Andrew Camden granted 525,000 stock options.
CFO Brian Hoff and CRO Stacy Wright each granted 375,000 stock options.
Executive stock options are exercisable at $19.36 per share and vest quarterly over three years.

View SEC Filing

UMAC

Radio And Television Broadcasting And Communications Equipment

Unusual Machines, Inc.

Price Impact