Andrew Camden
About Andrew Camden
Andrew Camden, age 35, is Chief Operating Officer (COO) of Unusual Machines (UMAC), appointed March 4, 2024; he previously served as President of Rotor Riot since 2018 and worked four years as an engineer at General Motors . Education and pay-for-performance outcome metrics (e.g., TSR, revenue growth, EBITDA growth tied to tenure) are not disclosed in filings . UMAC prohibits hedging by officers and directors and maintains an SEC-compliant clawback policy; no pledging policy is disclosed .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Rotor Riot | President | 2018–2024 | Business acquired alongside Fat Shark at UMAC’s IPO close in Feb 2024, integrating FPV retail/brand assets into UMAC |
| General Motors | Engineer | 4 years | Engineering background; specific projects not disclosed |
External Roles
- No public company directorships, committee roles, or external board positions are disclosed for Camden in UMAC filings .
Fixed Compensation
- Employment terms: Board appointed Camden COO on March 4, 2024 at $150,000 annual base salary; Compensation Committee increased base salary to $200,000 in September 2024 .
- 2024 cash compensation: Salary paid $167,094 and bonus $6,678 (no target bonus % disclosed for Camden) .
- No option awards reported for Camden in 2024 .
Camden Compensation (Smaller Reporting Company disclosure)
| Metric | 2023 | 2024 |
|---|---|---|
| Salary ($) | 90,000 | 167,094 |
| Bonus ($) | – | 6,678 |
| Stock Awards ($) | – | 158,000 |
| Option Awards ($) | – | – |
| All Other Compensation ($) | – | – |
| Total ($) | 90,000 | 331,772 |
Performance Compensation
- Equity awards: Camden held 7,899 shares of restricted common stock granted April 30, 2024, vesting pro rata through February 14, 2025; market value of unvested shares at 12/31/2024 was $132,861 (based on UMAC’s stock price at that date) .
- Performance metrics and weighting for Camden’s bonus/equity (e.g., revenue, EBITDA, TSR) are not disclosed; at the company level, the Compensation Committee may set performance targets, but Camden-specific KPI targets are not provided in filings .
Incentive Award Detail (as disclosed)
| Incentive Type | Metric | Weighting | Target | Actual/Payout | Vesting |
|---|---|---|---|---|---|
| Restricted Common Stock (Grant Date 4/30/2024) | Not disclosed | Not disclosed | Not disclosed | $158,000 grant-date fair value in 2024 | Pro rata through 2/14/2025 |
| Annual Cash Bonus (2024) | Not disclosed | Not disclosed | Not disclosed | $6,678 paid | N/A |
Equity Ownership & Alignment
- Beneficial ownership as of record date October 6, 2025: 189,750 shares (0.6% of 33,101,445 shares outstanding) .
- Vested vs. unvested (point-in-time): 7,899 restricted shares unvested at 12/31/2024 (market value $132,861), vesting pro rata through 2/14/2025 .
- Hedging prohibited by policy; pledging status not disclosed. No stock ownership guidelines are disclosed for executives .
Ownership Snapshot (Record Date: 10/06/2025)
| Holder | Shares Owned | % of Outstanding |
|---|---|---|
| Andrew Camden (COO) | 189,750 | 0.6% |
Outstanding Equity Awards (as of 12/31/2024)
| Grant Date | Unvested Shares (#) | Market Value ($) | Vesting Terms |
|---|---|---|---|
| 4/30/2024 | 7,899 | 132,861 | Pro rata through 2/14/2025 |
Employment Terms
- Appointment: COO effective March 4, 2024 .
- Base salary: $150,000 at appointment; increased to $200,000 in September 2024 .
- Severance, change-of-control triggers, non-compete/non-solicit, and garden leave terms for Camden are not disclosed; such specifics are provided for CFO Hoff but not for Camden .
Investment Implications
- Alignment: Camden’s equity stake (0.6%) plus time-vested restricted stock suggests some alignment, aided by hedging prohibitions and a clawback policy; however, absence of disclosed ownership guidelines and pledging policy leaves a gap in alignment optics .
- Pay-for-performance clarity: Filings do not disclose Camden-specific performance metrics/weights or bonus targets, limiting assessment of incentive rigor; 2024 equity grant is time-vested rather than performance-vested .
- Vesting overhang: The April 2024 restricted shares fully vested by mid-February 2025 on a pro rata schedule, eliminating near-term vesting-related supply overhang post-2/14/2025; insider sales data are not disclosed in filings here .
- Retention risk: Base salary uplift to $200,000 indicates a retention-oriented adjustment, but lack of disclosed severance/change-of-control protections for Camden reduces visibility into retention economics versus peers .