Guerrilla RF (GUER) director Dunn exercises options, now holds 50,791 shares
Rhea-AI Filing Summary
Guerrilla RF director James E. Dunn, Jr. reported exercising stock options to acquire a total of 6,155 shares of Guerrilla RF common stock on June 11, 2026. The exercises converted options at strike prices of $2.20, $1.93, and $1.42 per share into common shares.
After these transactions, he directly owns 50,791 shares of common stock. He also has indirect holdings of 5,002 common shares and 834 warrants held by the James E. Dunn, Jr. Restated 1985 Revocable Trust for his benefit.
Following the exercises, Dunn still holds unexercised equity awards, including stock options over 15,625 shares at an exercise price of $3.05 and options over 2,464 shares at $3.19, as well as 834 warrant-underlying shares at an exercise price of $12.00.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,155 shares
Net Buy
10 txns
Insider
Dunn James E. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 2,462 | $0.00 | $0.00 |
| Exercise | Stock Option | 2,464 | $0.00 | $0.00 |
| Exercise | Stock Option | 1,229 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,462 | $1.42 | $3K |
| Exercise | Common Stock | 2,464 | $1.93 | $5K |
| Exercise | Common Stock | 1,229 | $2.20 | $3K |
| holding | Stock Option | -- | -- | -- |
| holding | Warrant | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 18,089 shares (Direct);
Common Stock — 54,484 shares (Direct);
Warrant — 834 shares (Indirect, By Trust.);
Common Stock — 5,002 shares (Indirect, By Trust)
Footnotes (3)
- F1. Shares and warrants held of record by the James E. Dunn, Jr. Restated 1985 Revocable Trust, for the benefit of Reporting Person.
- F2. The shares subject to the option are fully vested and exercisable.
- F3. Pursuant to the exercise of stock options.
Key Figures
Options exercised: 6,155 shares
Direct common shares after transactions: 50,791 shares
Trust common share holdings: 5,002 shares
+5 more
8 metrics
Options exercised
6,155 shares
Total Guerrilla RF common shares from option exercises on June 11, 2026
Direct common shares after transactions
50,791 shares
Direct Guerrilla RF common stock owned following reported exercises
Trust common share holdings
5,002 shares
Common shares held indirectly by James E. Dunn, Jr. Restated 1985 Revocable Trust
Trust warrants underlying shares
834 shares
Shares underlying warrants held indirectly by trust at $12.00 exercise price
Option strike price 1
$2.20 per share
Exercise price for 1,229 options converted into Guerrilla RF common stock
Option strike price 2
$1.93 per share
Exercise price for 2,464 options converted into Guerrilla RF common stock
Option strike price 3
$1.42 per share
Exercise price for 2,462 options converted into Guerrilla RF common stock
Remaining option position
15,625 shares at $3.05
Unexercised stock options over Guerrilla RF common shares, direct holding
Key Terms
Stock Option, Warrant, derivative security, exercise price, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option" and underlying_security_title: "Common Stock""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Warrant financial
"security_title: "Warrant" with underlying_security_title: "Common Stock""
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.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"conversion_or_exercise_price fields such as "3.0500" and "12.0000""
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.
Revocable Trust financial
"Restated 1985 Revocable Trust, for the benefit of Reporting Person"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Guerrilla RF (GUER) director James E. Dunn, Jr. report in this Form 4?
He reported exercising stock options to acquire 6,155 Guerrilla RF common shares. These exercises increased his direct share ownership while converting existing option awards into stock, without any reported open-market purchases or sales in this filing.
What stock options did James E. Dunn, Jr. exercise in the latest Guerrilla RF Form 4?
He exercised options covering 1,229 shares at $2.20, 2,464 shares at $1.93, and 2,462 shares at $1.42. These option exercises converted derivative awards into common stock as part of his existing equity compensation from Guerrilla RF.
Does James E. Dunn, Jr. still hold Guerrilla RF stock options or warrants after these exercises?
Yes. He retains options over 15,625 shares at a $3.05 exercise price and 2,464 shares at $3.19, plus 834 warrant-underlying shares at $12.00. These positions provide additional potential future share acquisitions if exercised.
How are the trust holdings for James E. Dunn, Jr. described in the Guerrilla RF Form 4?
The filing states that certain shares and warrants are held by the James E. Dunn, Jr. Restated 1985 Revocable Trust for his benefit. These positions, including 5,002 shares and 834 warrants, are reported as indirect ownership by trust on the Form 4.