Christian Ericson - 02 Dec 2025 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role: Chief Operating Officer
Signature: /s/ Christian Ericson
Issuer symbol: RCAT
Transactions as of: 02 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 04 Dec 2025, 16:30:37 UTC
Previous filing: 01 Apr 2025
Next filing: 13 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Ericson Christian	Chief Operating Officer	15 AVENIDA MUNOZ RIVERA, STE 2200, SAN JUAN, PUERTO RICO	/s/ Christian Ericson	04 Dec 2025	0002062536

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	Restricted Stock Units	Award	$0	+25,000		$0.000000	25,000	02 Dec 2025	Common Stock	25,000		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of RCAT common stock.
F2	The restricted stock units will vest in two equal annual installments: 50% on March 17, 2026 and 50% on March 17, 2027. Vesting of the restricted stock units is subject to the continuing employment by the Reporting Person with Red Cat Holdings, Inc.