---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-011957"
form_type: "8-K"
ticker: "RCAT"
cik: "0000748268"
company_name: "Red Cat Holdings, Inc."
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T19:32:27.793356+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Red Cat Holdings increases director compensation and grants 1M stock options to CEO

## Summary
- Director annual cash stipend increased from $50K to $75K; equity from $75K to $125K in RSUs.
- CEO Jeffrey Thompson receives 1,000,000 stock options (exercise price = May 22, 2025 close), vesting in 12 months, expiring in 10 years.
- CEO awarded $125K one-time discretionary bonus for closing a registered direct offering; vehicle provided up to $1K/month.
- Committee chair stipends increased: Compensation Chair from $10K to $17.5K, Nominating Chair from $10K to $15K.
- New director compensation plan effective May 1, 2025 to Dec 31, 2025; RSUs vest April 30, 2026.

## SEC filing metadata
- accession: 0001641172-25-011957
- form_type: 8-K
- ticker: RCAT
- cik: 0000748268
- company_name: Red Cat Holdings, Inc.
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/748268/000164117225011957/0001641172-25-011957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748268/000164117225011957/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-011957
- JSON: https://secwatch.observer/filing/0001641172-25-011957.json
- Plain text: https://secwatch.observer/filing/0001641172-25-011957.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.