Jeffrey Thompson Sells 150,000 Shares of Red Cat (NASDAQ:RCAT) Stock
MarketBeat
Red Cat Holdings, Inc. (NASDAQ:RCAT - Get Free Report) CEO Jeffrey Thompson sold 150,000 shares of Red Cat stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $7.74, for a total transaction of $1,161,000.00. Following the sale, the chief executive officer owned 11,712,202 shares in the company, valued at $90,652,443.48. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:RCAT