ParkerVision extends CEO and CFO stock options

ParkerVision, Inc. disclosed that its Compensation Committee approved changes to outstanding nonqualified stock options held by CEO Jeffrey Parker and CFO Cynthia French.

Filing Impact

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Form Type

8-K

Rhea-AI Filing Summary

ParkerVision, Inc. disclosed that its Compensation Committee approved changes to outstanding nonqualified stock options held by CEO Jeffrey Parker and CFO Cynthia French. The company extended the options’ expiration date from August 7, 2026 to August 7, 2029 to maintain their long-term incentive value.

The modified awards cover 2,660,000 options for Mr. Parker and 870,550 options for Ms. French, all originally granted on August 7, 2019 with an exercise price of $0.171 per share. These options were fully vested as of the modification date.

ParkerVision expects to record a one-time, non-cash share-based compensation charge of approximately $360,000 related to this modification. Only the expiration dates were changed; the exercise price, number of shares, vesting status, and all other terms remained the same, and no additional securities were issued.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

CEO options modified: 2,660,000 options CFO options modified: 870,550 options Exercise price: $0.171 per share +3 more

6 metrics

CEO options modified 2,660,000 options Nonqualified stock options for CEO Jeffrey Parker

CFO options modified 870,550 options Nonqualified stock options for CFO Cynthia French

Exercise price $0.171 per share Options granted August 7, 2019

Accounting charge approximately $360,000 One-time non-cash share-based compensation

Original expiration August 7, 2026 Initial option term end date

New expiration August 7, 2029 Extended option term end date

Key Terms

nonqualified stock options, exercise price, share-based compensation charge, vesting status, +1 more

5 terms

nonqualified stock options financial

"the modification of certain outstanding nonqualified stock options held by its Chief Executive Officer"

A nonqualified stock option is a company-issued right that lets an employee or contractor buy shares later at a preset price, like a coupon to purchase stock regardless of the market price. It matters to investors because when the option is used the recipient owes ordinary-income tax on the difference between market and preset price, which affects the holder’s financial decisions and can change the company’s share count and reported expenses.

exercise price financial

"with an exercise price of $0.171 per share and an original term of seven years"

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.

vesting status financial

"The options were fully vested as of the modification date"

expiration date financial

"extend the expiration date of the options from August 7, 2026 to August 7, 2029"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

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

What compensation change did ParkerVision (PRKR) disclose for its executives?

ParkerVision extended the expiration dates of certain nonqualified stock options held by its CEO and CFO from August 7, 2026 to August 7, 2029, preserving the awards’ long-term incentive nature while keeping all other terms, including exercise price and share counts, unchanged.

How many ParkerVision stock options were affected for the CEO and CFO?

The modification applies to 2,660,000 nonqualified stock options held by CEO Jeffrey Parker and 870,550 options held by CFO Cynthia French. All were originally granted on August 7, 2019 and were fully vested at the time the expiration dates were extended.

What is the exercise price of the modified ParkerVision stock options?

The affected nonqualified stock options have an exercise price of $0.171 per share. This exercise price was set at the original grant on August 7, 2019 and was not changed as part of the modification extending the options’ expiration dates to August 7, 2029.

Will ParkerVision incur an accounting charge from the option term extension?

ParkerVision expects to record a one-time, non-cash share-based compensation charge of approximately $360,000 related to extending the options’ expiration dates. This accounting impact arises from the modification, even though no additional securities were issued and all other award terms remained the same.

Did ParkerVision issue new shares in connection with this option modification?

No new securities were issued. ParkerVision specifically stated that extending the expiration dates was the only change made to these nonqualified stock option awards, with no adjustments to the exercise price, number of shares, vesting status, or other terms of the options.

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

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Accepted by SEC EDGAR 04/27/2026 - 04:19 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

______________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):April 22, 2026

PARKERVISION, INC.

(Exact Name of Registrant as Specified in Charter)


Florida	000-22904	59-2971472
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


4446-1A Hendricks Avenue Suite 354, Jacksonville, Florida	32207
(Address of Principal Executive Offices)	(Zip Code)

(904) 732-6100

(Registrant’s Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol	Name of Each Exchange on Which Registered
None

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02(e) Compensatory Arrangements of Certain Officers

On April 22, 2026, the Compensation Committee of the Board of Directors (“Committee”) of ParkerVision, Inc. (the “Company”), approved the modification of certain outstanding nonqualified stock options held by its Chief Executive Officer, Jeffrey Parker, and its Chief Financial Officer, Cynthia French, in order to extend the expiration date of the options from August 7, 2026 to August 7, 2029 to preserve the intended long-term incentive value of the awards.

The modified options include 2,660,000 options awarded to Mr. Parker and 870,550 options awarded to Ms. French on August 7, 2019, with an exercise price of $0.171 per share and an original term of seven years. The options were fully vested as of the modification date and the Company expects to record a one-time non-cash share-based compensation charge of approximately $360,000 in connection with the modification of these awards.

The extension of the expiration date is the only modification made to these awards, and no changes were made to the exercise price, the number of shares subject to the awards, vesting status or any other terms of the awards. No additional securities were issued in connection with the modification.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

Exhibit	Description
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Dated: April 27, 2026
		PARKERVISION, INC.

		By /s/ Cynthia French
		Cynthia French
		Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents