Director Paul Ii Funk sold entire 165.0K share stake (100.0% of holdings) for $1.9M at $11.50 on 2026-06-11.
Director Paul Ii Funk liquidated his complete position in Red Cat Holdings, divesting 165,028 shares worth $1,897,822.00. This represents a complete exit from equity ownership at a price ($11.50) that is 36.3% below the 52-week high of $18.78, occurring in a stock that has declined 29.5% over the prior 90 days. The transaction is notable given the company's ongoing unprofitability (net income of $-26,553,000.00 in the latest fiscal year) despite strong top-line growth of 876.0% year-over-year, suggesting the company is rapidly scaling revenue but burning cash. A director's full exit from ownership warrants investor attention to management's perspective on near-term prospects and capital allocation priorities.