Guerrilla RF grants director options on 14K shares
Guerrilla RF, Inc. (GUER) reported that director Virginia R. Summerell received a stock option grant for 14,164 shares of common stock at an exercise price of $6.00 per share, expiring August 14, 2036.
Rhea-AI Filing Summary
Guerrilla RF, Inc. (GUER) reported that director Virginia R. Summerell received a stock option grant for 14,164 shares of common stock at an exercise price of $6.00 per share, expiring August 14, 2036. The option is immediately exercisable but is subject to a right of repurchase by the company for shares issued upon exercise before vesting. It vests on the earlier of the first anniversary of the grant date or the company’s next annual meeting of stockholders, currently expected to be June 9, 2027, contingent on continued service. Summerell also holds options covering 15,625 shares at an exercise price of $3.05 and directly holds 26,811 shares of common stock following the reported transactions.
Positive
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Insider Trade Summary
Grant/Award: 14,164 shares
Grant/Award
3 txns
Insider
SUMMERELL VIRGINIA R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option F1 | 14,164 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 29,789 contracts for 15,625 underlying shares (Direct);
Common Stock — 26,811 shares (Direct)
Footnotes (1)
- F1. The option is immediately exercisable, subject to a right of repurchase in favor of the Issuer with respect to shares issued to the Reporting Person upon exercise of the option prior to vesting. The option vests on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's next annual meeting of stockholders (currently expected to be June 9, 2027), subject to the Reporting Person's continued service through such vesting date.
Key Figures
New option grant size: 14,164 shares
New option exercise price: $6.00 per share
New option expiration: 2036-08-14
+4 more
7 metrics
New option grant size
14,164 shares
Stock option grant to director Virginia R. Summerell on 2026-08-14
New option exercise price
$6.00 per share
Exercise price for 14,164-share stock option grant expiring 2036-08-14
New option expiration
2036-08-14
Expiration date of the 14,164-share stock option grant
Existing option underlying shares
15,625 shares
Underlying shares for existing stock option at $3.05, expiring 2036-05-15
Existing option exercise price
$3.05 per share
Exercise price of previously reported stock option position
Common stock held
26,811 shares
Direct GUER common stock holdings after reported transactions
Expected vesting reference date
June 9, 2027
Company’s next annual meeting, used as alternative vesting trigger
Key Terms
right of repurchase, vests, annual meeting of stockholders, exercise price
4 terms
right of repurchase financial
"subject to a right of repurchase in favor of the Issuer"
vests financial
"The option vests on the earlier of (i) the first anniversary"
annual meeting of stockholders financial
"the date of the Issuer's next annual meeting of stockholders"
exercise price financial
"conversion_or_exercise_price": "6.0000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did GUER report for Virginia R. Summerell?
Guerrilla RF, Inc. reported a stock option grant to director Virginia R. Summerell for 14,164 shares of common stock at an exercise price of $6.00 per share, expiring August 14, 2036, as part of her director compensation.
What are the vesting terms of Virginia R. Summerell’s new GUER stock options?
The 14,164-share GUER option grant vests on the earlier of the first anniversary of the grant date or the company’s next annual meeting of stockholders, currently expected to be June 9, 2027, subject to Summerell’s continued service through that date.
What does the right of repurchase mean for the new GUER options?
Shares issued if the new GUER option is exercised before vesting are subject to a right of repurchase in favor of Guerrilla RF. This allows the company to repurchase those unvested shares, even though the option itself is immediately exercisable.
What GUER equity holdings does Virginia R. Summerell have after this Form 4?
After the reported transactions, Virginia R. Summerell directly holds 26,811 shares of GUER common stock. She also has stock options covering 14,164 shares at $6.00 and separate options over 15,625 shares at an exercise price of $3.05 per share.
What other stock options does Virginia R. Summerell hold in GUER?
In addition to the new grant, Summerell holds GUER stock options tied to 15,625 underlying shares of common stock with an exercise price of $3.05 per share and an expiration date of May 15, 2036, held directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
