Nicholas Reyland Liuzza Jr. - 20 May 2025 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Reporting relationship: Director
Issuer ticker: RCAT
Reported as of: 20 May 2025
Net transaction value: -$1,229,769
SEC form: 4
Accepted by SEC: 09 Jul 2025, 17:09:57 UTC
Prior SEC filing: 23 May 2025
Next SEC filing: 29 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Nicholas R. Liuzza, Jr.

Key filing fact

Nicholas Reyland Liuzza Jr. filed Form 4 for Red Cat Holdings, Inc. (RCAT) on 09 Jul 2025.

Key facts

This page summarizes Nicholas Reyland Liuzza Jr.'s Form 4 filing for Red Cat Holdings, Inc. (RCAT).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 09 Jul 2025, 17:09.

Change

Previous filing in this sequence was filed on 23 May 2025.
Current net transaction value: -$1,229,769.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001264473 Primary reporting owner

Liuzza Nicholas Reyland JR

Relationship: Director
Address: 15 AVENIDA MUNOZ RIVERA, STE 2200, SAN JUAN, PUERTO RICO
Signature: /s/ Nicholas R. Liuzza, Jr.
Signature date: 09 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RCAT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $150,000
Shares: +100,000
Change %: +26%
Price: $1.50
Shares after: 487,754
Date: 20 May 2025
Ownership: Direct
Footnotes: F1

RCAT transaction

Common Stock

Sale

Transaction value: $671,769
Shares: -100,309
Change %: -21%
Price: $6.70
Shares after: 387,445
Date: 21 May 2025
Ownership: Direct
Footnotes: F1, F2

RCAT transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $150,000
Shares: +100,000
Change %: +26%
Price: $1.50
Shares after: 487,445
Date: 09 Jun 2025
Ownership: Direct
Footnotes: F1

RCAT transaction

Common Stock

Sale

Transaction value: $858,000
Shares: -100,000
Change %: -21%
Price: $8.58
Shares after: 387,445
Date: 10 Jun 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RCAT transaction Derivative

Warrant (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -100,000
Change %: -50%
Price: $0.000000
Shares after: 100,000
Date: 20 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price: $1.50

RCAT transaction Derivative

Warrant (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -100,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 09 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price: $1.50

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The amount of securities beneficially owned reflects only the number of shares of common stock held by the reporting person. Previously, the reporting person reported shares of common stock and derivative securities on an aggregate basis. The reporting person will file one or more amended reports to correct the number of non-derivative and derivative securities owned.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.66 to $6.72. 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.