Red Cat Holdings Director Paul Funk II Offloads $1.89M Stake Amid Defense Drone Expansion
Paul Funk II, a director at Red Cat Holdings, Inc. (NASDAQ:RCAT), executed a significant divestment of company shares on June 11, 2026. The transaction involved the sale of 165,028 shares, generating proceeds of approximately $1,897,822. This sale occurred as Red Cat Holdings continues to expand its operational footprint in the defense drone sector…