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ParkerVision appoints William G. Walters to board

Walters' investment banking career included raising over $3 billion and multiple IPOs for companies including Cheyenne Software, Take Two Interactive and Universal Display.

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Form Type
8-K

Rhea-AI Filing Summary

ParkerVision, Inc. appointed William G. Walters as a Class II director on October 23, 2026, filling a vacancy after the board expanded from four to five members. Walters, age 89, is retired from an investment banking career focused on micro- and small-cap companies. The accompanying announcement says his career included raising over $3 billion and multiple IPOs. He will receive ParkerVision's standard non-employee director compensation, and the company entered into its standard indemnification agreement with him.

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.
Board size Expanded from 4 to 5 members On October 23, 2026
Age 89 years William G. Walters
Capital raised during investment banking career Over $3 billion Walters' career, including multiple IPOs
Class II director regulatory
"appointed as a Class II director"
A class II director is a member of a company’s board who belongs to one of several staggered groups of directors, each group standing for election in different years. For investors, this matters because staggered terms slow wholesale board turnover—like rotating members of a neighborhood committee—making sudden changes in control or strategy harder and affecting how quickly shareholders can influence corporate direction.
non-employee director compensation arrangements financial
"standard non-employee director compensation arrangements"
indemnification agreement regulatory
"entered into its standard indemnification agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.

FAQ

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

What is William G. Walters' investment banking background at PRKR?

Walters is a retired investment banker who focused on micro- and small-cap companies and raised over $3 billion, including multiple IPOs for companies including Cheyenne Software, Take Two Interactive and Universal Display. He remains an active investor in early-stage companies.

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

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false 0000914139 0000914139 2026-10-23 2026-10-23
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): October 23, 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 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On October 23, 2026, the Board of Directors (the “Board”) of ParkerVision, Inc. (the "Company"), expanded the size of the Board from four to five members, adding a class II director vacancy.
 
The Board unanimously appointed William G. Walters to fill the director vacancy created by the Board expansion.
 
Mr. Walters, age 89, is retired from an investment banking career where he focused on micro and small cap companies.  He received a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania and a certificate from Harvard Business School's Owner/President Management (OPM) program.   
 
There are no arrangements or understandings between Mr. Walters and any other persons pursuant to which he was selected as a director.  There are no transactions involving Mr. Walters requiring disclosure under Item 404(a) of Regulation S-K.
 
Mr. Walters will receive the Company's standard non-employee director compensation arrangements.  The Company entered into its standard indemnification agreement with Mr. Walters.
 
The Company issued a press release announcing the appointment of Mr. Walters, a copy of which is furnished herewith as Exhibit 99.1.
 
 
 Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits:
 
Exhibit
Description
99.1 Press Release dated October 29, 2026
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: October 29, 2026
   
   
PARKERVISION, INC.
     
   
By /s/ Cynthia French
   
Cynthia French
   
Chief Financial Officer
 
 

Exhibit 99.1

 

 

William G. Walters Joins ParkerVision Board of Directors

 

 

Jacksonville, Florida, October 29, 2026 -- ParkerVision, Inc. (OTCQB: PRKR), announced today that it has appointed Mr. William G. Walters as a Class II director to fill a vacancy on the company’s board of directors created by an expansion of the ParkerVision board from four to five members. 

 

Mr. Walters is retired from an investment banking career where he focused on micro and small cap companies, raising over $3 billion, including multiple IPOs for companies that include Cheyenne Software, Take Two Interactive and Universal Display.  Mr. Walters holds a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania and a certificate from Harvard Business School's Owner/President Management (OPM) program.  He remains an active investor in early stage companies.   

 

“We are excited to have Billy join our Board,” stated Jeffrey Parker, CEO of ParkerVision.  “Billy's background in supporting micro and small cap companies, along with his in-depth knowledge of ParkerVision’s history, its business objectives and challenges, brings a unique perspective to our Board.  We look forward to his contribution as we continue to explore future opportunities.”

 

 

About ParkerVision

 

ParkerVision, Inc. invents, develops and licenses cutting-edge, proprietary radio-frequency (RF) technologies that enable wireless solution providers to make and sell advanced wireless communication products.  ParkerVision is engaged in a number of patent enforcement actions in the U.S. to protect patented rights that it believes are broadly infringed by others.  For more information, please visit www.parkervision.com. (PRKR-I)

 

Safe Harbor Statement

 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended.  All statements, other than statements of historical fact, included or incorporated in this press release are forward-looking statements.  The Company does not guarantee that it will actually achieve the plans, intentions or expectations disclosed in its forward-looking statements and you should not place undue reliance on the Company's forward-looking statements. 

 

Forward-looking statements involve risks and uncertainties, and actual results could vary materially from these forward-looking statements.  There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by its forward-looking statements, including those important factors set forth under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and disclosures in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the Securities and Exchange Commission.  Although the Company may elect to do so at some point in the future, the Company does not assume any obligation to update any forward-looking statement and it disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

 

Contact:

 

Cindy French                                                       Tony Vignieri

Chief Financial Officer                                        Communications Director

 

 

 

 

Filing Exhibits & Attachments

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