Guerrilla RF grants director options on 14K shares

Guerrilla RF, Inc. (GUER) director Gary L. Smith received a stock option grant on August 14, 2026 for 14,164 shares of common stock at an exercise price of $6.00 per share.

Rhea-AI Filing Summary

Guerrilla RF, Inc. (GUER) director Gary L. Smith received a stock option grant on August 14, 2026 for 14,164 shares of common stock at an exercise price of $6.00 per share. The option is immediately exercisable but subject to a company right of repurchase on unvested shares and vests on the earlier of the first anniversary of the grant or Guerrilla RF’s next annual stockholders’ meeting, currently expected June 9, 2027, contingent on continued service. Smith also holds previously granted options over 3,696 shares at $3.19 expiring August 27, 2030 and 15,625 shares at $3.05 expiring May 15, 2036, and directly owns 32,662 common shares.

Insider Trade Summary

Grant/Award: 14,164 shares

Grant/Award 4 txns

Insider SMITH GARY L /NC/

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option F2	14,164	$0.00	$0.00
holding	Stock Option F1	--	--	--
holding	Stock Option	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option — 33,485 contracts for 19,321 underlying shares (Direct); Common Stock — 32,662 shares (Direct)

Footnotes (2)

1. F1. The shares subject to the option are fully vested and exercisable.
2. F2. 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 underlying shares: 14,164 shares New option exercise price: $6.00 per share Existing option underlying shares: 3,696 shares +2 more

5 metrics

New option underlying shares 14,164 shares Stock option grant on August 14, 2026 to purchase Guerrilla RF common stock

New option exercise price $6.00 per share Exercise price of stock option granted August 14, 2026

Existing option underlying shares 3,696 shares Fully vested option at $3.19 expiring August 27, 2030

Existing option underlying shares 15,625 shares Option at $3.05 expiring May 15, 2036

Common shares held 32,662 shares Directly owned Guerrilla RF common stock following reported transactions

Key Terms

stock option, right of repurchase, vests

3 terms

stock option financial

"The filing reports a stock option grant over 14,164 shares of 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.

right of repurchase financial

"Subject to a right of repurchase in favor of the Issuer with respect"

vests financial

"The option vests on the earlier of the first anniversary of the grant date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GUER director Gary L. Smith report on this Form 4?

Gary L. Smith reported a grant of stock options on August 14, 2026 for 14,164 shares of Guerrilla RF, Inc. common stock at an exercise price of $6.00 per share, classified as a grant, award, or other acquisition.

What are the vesting terms of the new GUER stock options granted to Gary L. Smith?

The new option is immediately exercisable but subject to a right of repurchase on unvested shares. It vests on the earlier of one year from grant or Guerrilla RF’s next annual meeting, currently expected June 9, 2027, if Smith continues in service.

What other stock options does Gary L. Smith hold in Guerrilla RF (GUER)?

Smith holds options over 3,696 shares at an exercise price of $3.19 expiring August 27, 2030, which are fully vested and exercisable, and over 15,625 shares at $3.05 expiring May 15, 2036, all relating to Guerrilla RF common stock.

How many Guerrilla RF (GUER) common shares does Gary L. Smith directly own?

Following the reported transactions, Gary L. Smith directly holds 32,662 shares of Guerrilla RF, Inc. common stock. This figure reflects his direct equity position separate from his outstanding stock option awards over additional common shares.

Did Gary L. Smith buy or sell any GUER common stock in the market in this filing?

No market purchases or sales of Guerrilla RF common stock were reported. The Form 4 shows a stock option grant and existing holdings, but no open-market buy or sell transactions in the company’s common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2026 - 11:01 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH GARY L /NC/

(Last) (First) (Middle)

5820 DEER MEADOW LN.

(Street)

SUMMERFIELD NORTH CAROLINA 27358

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Guerrilla RF, Inc. [ GUER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								32,662	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$3.19							(1)	08/27/2030	Common Stock	3,696		3,696	D
Stock Option	$3.05							05/15/2026	05/15/2036	Common Stock	15,625		15,625	D
Stock Option	$6	08/14/2026		A		14,164		(2)	08/14/2036	Common Stock	14,164	$0	14,164	D

Explanation of Responses:

1. The shares subject to the option are fully vested and exercisable.

2. 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.

	/s/ Charnice Suggs, Attorney-in-Fact	08/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)