Director gets 370,000 ParkerVision (PRKR) options for 2026 service
Rhea-AI Filing Summary
ParkerVision Inc. reported a stock option award to director Robert Greene Sterne. On January 22, 2026, he received an option to purchase 370,000 shares of common stock at an exercise price of $0.24 per share, expiring January 22, 2031.
The option is compensation for 2026 Board service and vests in two equal installments on July 22, 2026 and January 22, 2027. After this grant, Sterne beneficially owns 370,000 derivative securities directly.
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FAQ
What insider transaction did ParkerVision (PRKR) report in this Form 4?
ParkerVision reported that director Robert Greene Sterne received an option to purchase 370,000 shares of common stock as compensation for 2026 Board service.
What is the exercise price of the ParkerVision (PRKR) options granted to Robert Greene Sterne?
The option granted to Robert Greene Sterne has an exercise price of $0.24 per share for ParkerVision common stock.
When do Robert Greene Sterne’s ParkerVision (PRKR) options vest?
The option vests in two equal bi-annual installments: half on July 22, 2026 and the remaining half on January 22, 2027.
When do the ParkerVision (PRKR) options granted to Robert Greene Sterne expire?
The option granted on January 22, 2026 has an expiration date of January 22, 2031, if not exercised earlier.
How many ParkerVision (PRKR) derivative securities does Robert Greene Sterne own after this transaction?
Following this grant, Robert Greene Sterne beneficially owns 370,000 derivative securities (stock options) directly.
Is the ParkerVision (PRKR) Form 4 transaction a purchase or a grant?
The Form 4 reports an award of stock options (transaction code A) to director Robert Greene Sterne as compensation for 2026 Board service, not an open-market purchase.