Key facts
- This page summarizes Allan Thomas Evans's Form 4 filing for Unusual Machines, Inc. (UMAC).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 29 May 2026, 16:02.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Other
Additional SEC filing notes
Footnote F1
On May 28, 2026, the reporting person entered into a prepaid variable forward sale contract with an unaffiliated third party buyer. The contract obligates the reporting person to deliver to the buyer up to 500,000 shares of Unusual Machines, Inc. common stock on the settlement date following the valuation date ofMay 28 2027 (or, at the reporting person's election, an equivalent amount of cash based on the market price of Unusual Machines, Inc. common stock on the valuation date). In exchange for assuming this obligation, the reporting person received a cash payment of $11,058,950 as of the date of entering into the contract. The reporting person pledged 500,000 shares of Unusual Machines, Inc. common stock (the "Pledged Shares") to secure his obligations under the contract, and retained dividend and voting rights in the Pledged Shares during the term of the pledge.
Footnote F2
cont from FN 1 - The number of shares of Unusual Machines, Inc. common stock to be delivered to the buyer on the settlement date in respect of the valuation date is to be determined as follows:(a) if the per-share volume weighted average price of Unusual Machines, Inc. common stock on the valuation date (the "Settlement Price") is less than or equal to $23.0812 (the "Floor Price"), the reporting person will deliver to the buyer 500,000 shares (such number of shares, the "Number of Shares"); (b) if the Settlement Price is between the Floor Price and $41.5461 (the "Cap Price"), the reporting person will deliver to the buyer a number of shares of Unusual Machines, Inc. common stock equal to the Number of Shares multiplied by a fraction,
Footnote F3
cont from FN 2 - the numerator of which is the Floor Price and the denominator of which is the Settlement Price; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the purchaser a number of shares of Unusual Machine common stock equal to the product of (i) the Number of Shares and (ii) a fraction (a) the numerator of which is the sum of (x) the Floor Price and (y) the Settlement Price minus the Cap Price, and (b) the denominator of which is the Settlement Price.
Footnote F4
The Common Stock was granted to 8 Consulting LLC. The reporting person is the sole owner and holds voting and dispositive control of 8 Consulting LLC. Prior to entering into the prepaid variable forward sale contract the Common Stock was transferred from 8 Consulting LLC to the reporting person.