Guerrilla RF (GUER) awards Gary Smith options at $6 strike
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
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 shares (Direct);
Common Stock — 32,662 shares (Direct)
Footnotes (2)
- F1. The shares subject to the option are fully vested and exercisable.
- 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
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.
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.
