Guerrilla RF CEO exercises 1,477 options at $1.42
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Form Type
4
Rhea-AI Filing Summary
Guerrilla RF, Inc. (GUER) CEO Ryan Michael Pratt reported a cashless-style option exercise on 2026-08-26 involving 1,477 stock options held indirectly through his spouse, exercised at $1.42 per share into 1,477 shares of common stock, leaving 5,113 indirectly held common shares by spouse. He also reports direct holdings of 1,017,741 common shares, 11,793 restricted stock units that vest on 1/1/2027, and derivative positions including a warrant for 33,822 shares at $2.50 and multiple option grants covering more than 97,000 underlying shares with exercise prices between $1.93 and $6.00.
Insider Trade Summary
1,477 shares exercised/converted
Exercise
14 txns
Insider
Pratt Ryan Michael
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F11, F6 | 1,477 | $0.00 | $0.00 |
| Exercise | Common Stock F11 | 1,477 | $1.42 | $2K |
| holding | Stock Option F6 | -- | -- | -- |
| holding | Stock Option F6 | -- | -- | -- |
| holding | Stock Option F6 | -- | -- | -- |
| holding | Restricted Stock Unit F4, F7, F5 | -- | -- | -- |
| holding | Warrant | -- | -- | -- |
| holding | Stock Option F8 | -- | -- | -- |
| holding | Stock Option F9 | -- | -- | -- |
| holding | Stock Option F10 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Stock Option — 3,775 contracts (Indirect, Held by Spouse);
Common Stock — 5,113 shares (Indirect, Held by Spouse);
Restricted Stock Unit — 11,793 contracts (Direct);
Warrant — 33,822 contracts (Direct);
Stock Option — 95,000 contracts (Direct);
Common Stock — 1,017,741 shares (Direct);
Common Stock — 189,066 shares (Indirect, By Trust)
Footnotes (11)
- F1. Shares held of record by the 2021 Irrevocable Trust for Patrick Joseph Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- F2. Shares held of record by the 2021 Irrevocable Trust for Rachel Katherin Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- F3. Shares held of record by the 2021 Irrevocable Trust for Nikolas Ryan Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- F4. Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting of the unit.
- F5. No expiration date.
- F6. The options are fully vested and exercisable.
- F7. The restricted stock units vest on 1/1/2027, subject to the Reporting Person's continued service through the applicable vesting date.
- F8. The options vest as follows: (i) 12,500 options on 5/21/2026; (ii) 1,041 options on 6/21/26, and monthly thereafter through 4/21/2029; and (iii) 1,065 options on 5/21/2029, in each case subject to the Reporting Person's continued service through the applicable vesting date.
- F9. The options vest as follows: (i) 82 options on 5/21/2026; (ii) 6 options on 6/21/26, and monthly thereafter through 4/21/29; and (iii) 38 options on 5/21/2029, in each case subject to the Reporting Person's continued service through the applicable vesting date.
- F10. The options vest as follows: (i) 11,250 options on 5/15/2027; (ii) 2,812 options on 8/15/2027, and quarterly thereafter through 2/15/2030; and (iii) 2,818 options on 5/15/2030, in each case subject to the Reporting Person's continued service through the applicable vesting date.
- F11. Pursuant to the exercise of stock options.
Key Figures
Options Exercised: 1,477 shares of common stock
Option Exercise Price: $1.42 per share
Indirect Common Shares by Spouse: 5,113 shares
+5 more
8 metrics
Options Exercised
1,477 shares of common stock
Stock options held by spouse exercised on 2026-08-26
Option Exercise Price
$1.42 per share
Exercise price for 1,477 stock options converted into common stock
Indirect Common Shares by Spouse
5,113 shares
Total common stock indirectly held by spouse after the transaction
Direct Common Shares
1,017,741 shares
Common stock held directly by Ryan Michael Pratt after reported transactions
Restricted Stock Units
11,793 units
RSUs settling into common stock, vesting on 1/1/2027
Warrant Position
33,822 underlying shares at $2.50
Warrant on common stock expiring 2029-09-28, held directly
Stock Option Grant
50,000 underlying shares at $3.05
Direct stock option expiring 2035-11-17 with staged vesting per footnote F8
High-Strike Stock Option Grant
45,000 underlying shares at $6.00
Direct stock option expiring 2036-05-15 with vesting per footnote F10
Key Terms
Restricted Stock Unit, warrant, pecuniary interest, Section 16 of the Exchange Act, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
warrant financial
"Warrant on common stock with 33,822 underlying shares at $2.50"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
Section 16 of the Exchange Act regulatory
"beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act"
irrevocable trust financial
"Shares held of record by the 2021 Irrevocable Trust for"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GUER CEO Ryan Michael Pratt do in this Form 4 filing?
He exercised 1,477 stock options held by his spouse at $1.42 per share into 1,477 common shares on 2026-08-26, resulting in 5,113 indirectly held common shares by his spouse, and updated his reported direct and derivative holdings.
What option was exercised in the GUER Form 4, and at what price?
An indirectly held stock option for 1,477 underlying common shares was exercised at an exercise price of $1.42 per share on 2026-08-26, converting into 1,477 shares of Guerrilla RF common stock held by the reporting person’s spouse.
What restricted stock units does the GUER CEO report owning?
He reports 11,793 restricted stock units, each representing a contingent right to receive one share of common stock. According to the filing, these RSUs vest on 1/1/2027, subject to his continued service through that vesting date.
What derivative securities on GUER stock does the CEO still hold after this transaction?
He reports derivative positions including a warrant for 33,822 shares at $2.50 expiring 2029-09-28, stock options over 50,000 shares at $3.05, 45,000 shares at $6.00, and additional indirect options over 2,445 shares with exercise prices from $1.93 to $3.19.
Were the GUER CEO’s options and RSUs in this filing vested?
The filing states that the options referenced with footnote F6 are fully vested and exercisable. The 11,793 restricted stock units are not yet vested; they vest on 1/1/2027, subject to his continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
