Geoffrey Hitchcock - Dec 20, 2024 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role: Chief Revenue Officer
Signature: /s/ Geoffrey Hitchcock
Stock symbol: RCAT
Transactions as of: Dec 20, 2024
Transactions value $: -$1,105,686
Form type: 4
Date filed: 12/26/2024, 04:36 PM
Previous filing: Dec 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCAT	Common Stock	Sale	-$833K	-82.1K	-12.82%	$10.14	558K	Dec 20, 2024	Direct	F1
transaction	RCAT	Common Stock	Options Exercise	$82.7K	+31.7K	+5.68%	$2.61	590K	Dec 20, 2024	Direct
transaction	RCAT	Common Stock	Sale	-$356K	-31.7K	-5.37%	$11.22	558K	Dec 20, 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RCAT	Employee Stock Option (right to buy)	Options Exercise	$0	-31.7K	-100%	$0.00	0	Dec 20, 2024	Common Stock	31.7K	$2.61	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.06 to $10.18. The reporting person undertakes to provide Red Cat Holdings, Inc., any security holder of Red Cat Holdings, 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 this footnote.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.22 to $11.24. The reporting person undertakes to provide Red Cat Holdings, Inc., any security holder of Red Cat Holdings, 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 this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.06 to $10.18. The reporting person undertakes to provide Red Cat Holdings, Inc., any security holder of Red Cat Holdings, 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 this footnote.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.22 to $11.24. The reporting person undertakes to provide Red Cat Holdings, Inc., any security holder of Red Cat Holdings, 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 this footnote.