Unusual Machines will ask holders of 49,956,505 voting common shares to decide four proposals at its October 5, 2026, annual meeting, including director elections, auditor ratification and a Warrant grant for CEO Allan Evans. The ballot determines corporate governance, audit approval and authorization of the executive award.

Key Highlights

  • The annual meeting will be held virtually through a live webcast, with no in-person session.
  • Allan Evans received total compensation of $6,122,792 for 2025, including $5,839,750 in stock awards.
  • Related-party Revenue from Teal Drones reached approximately $2.2 million for the six months ended June 30, 2026.

Unusual Machines, Inc. (AMEX: UMAC) will put four proposals before holders of its 49,956,505 voting common shares at the annual meeting on October 5, 2026. Shareholders will vote on director elections, auditor ratification, approval of a warrant grant to Chief Executive Officer Allan Evans and a possible adjournment. Each common share carries one vote on every matter presented.

The meeting will begin at 11:00 AM Eastern Time and take place through a live webcast, with no in-person gathering. Stockholders can attend, vote and submit questions online. The Record Date is August 6, 2026.

Four Matters On The Ballot

Proposal 1 covers the election of directors. Proposal 2 asks shareholders to ratify the selection of the independent registered public accounting firm. Proposal 3 concerns approval of the warrant grant to Evans, while Proposal 4 would allow the meeting to be adjourned.

The materials are being made available primarily through the internet. A notice regarding online access was first mailed to stockholders on August 24, 2026.

CEO Compensation Details

Evans recorded total compensation of $6,122,792 for 2025. That figure included salary of $262,500, stock awards valued at $5,839,750 and $20,542 in other compensation.

Chief Financial Officer Brian Hoff received total compensation of $3,070,190 in 2025, including salary of $255,000, stock awards of $2,812,750 and $2,440 in other compensation. President and Chief Operating Officer Andrew Camden received $3,048,169, made up of $217,500 in salary, $2,812,750 in stock awards and $17,919 in other compensation.

The annual service fee was modified to $350,000 with approval from the Compensation Committee.

The compensation figures include restricted share grant values calculated under the applicable stock-compensation accounting standard. The materials state that unvested awards may not vest.

Related-Party Transactions Before Vote

Teal Drones is a Subsidiary of Red Cat, whose Chief Executive Officer Jeffrey Thompson also serves on Unusual Machines’ Board of Directors.

Unusual Machines paid $217,943 to its Investment committee on April 1, 2026. The committee includes Evans and two independent directors, and the payment was based on 1% per committee member of realized investment gains from the previous quarter.

The company also issued 142,299 common shares on December 29, 2025, after Evans and directors Robert Lowry and Sanford Rich exercised 164,473 warrants. The remaining 32,895 warrants generated cash proceeds of $65,461.

Source(s)

  • https://www.sec.gov/Archives/edgar/data/1956955/000168316826006678/unusual_def14a.htm