Red Cat CEO Jeffrey Thompson Sells 150,000 Shares for $1.6 Million as the Stock Soars 24%

Red Cat Holdings CEO Jeffrey Thompson sold approximately 150,000 shares for $1.6 million on August 17, 2026, representing a 1% reduction in his direct holdings. The sale was executed under a pre-established Rule 10b5-1 trading plan. Despite the stock's 24% gain over the past year, the company remains unprofitable with a trailing-twelve-month net loss of $85.3 million, though it reported strong Q2 sales growth of 527% year-over-year and forecasted 2026 revenue between $150-180 million.