PRKR Form 4: Lewis Titterton's Ownership Rises to 3.82M Shares

Rhea-AI Filing Summary

Director Lewis H. Titterton reported option grants and subsequent exercises that change his holdings in Parkervision Inc. (PRKR). On 10/07/2025 he reported two nonqualified stock option transactions: 525,000 options at an exercise price of $0.18 and 275,000 options at $0.20. The first option series vests in equal quarterly installments beginning 01/27/2024; the second vested in four equal quarterly increments beginning 05/01/2024 and became fully exercisable on 02/01/2025. Following these reported transactions, Mr. Titterton beneficially owns 3,816,265 shares of common stock. The filings show the options underlie 525,000 and 275,000 common shares respectively, with the $0.18 options expiring 11/18/2028.

Positive

• Director alignment: Reporting person increased equity exposure via 800,000 options, aligning incentives with shareholders
• Exercise prices are low: Options at $0.18 and $0.20 may encourage long-term ownership

Negative

• Dilution risk: 800,000 underlying shares could increase the companys outstanding common stock if exercised
• Concentrated insider ownership: Beneficial ownership of 3,816,265 shares may centralize voting influence

Insights

Corporate Governance Analyst

Insider received significant option awards that raise alignment and dilution questions.

The reporting director acquired 800,000 nonqualified stock options in two tranches on 10/07/2025, exercisable at $0.18 and $0.20, increasing his beneficial ownership to 3,816,265 shares. Such grants are commonly used to align executive and director incentives with shareholder value.

Key dependencies include the option exercise behavior and the timing to expiration (11/18/2028 for the $0.18 tranche). Monitor insider exercise activity and potential share issuance, which could dilute existing holders over the options' life.

Equity Capital Structure Specialist

Option volume is notable relative to reported beneficial ownership and may affect share count if exercised.

The two option grants total 800,000 underlying shares; one tranche currently shows 75,000 remaining options exercisable in Table II after prior exercises, indicating partial ownership changes already occurred. If fully exercised, these options will convert into common shares at the stated prices, increasing the outstanding share base.

Watch for option exercises and any related cash proceeds ($0.18 and $0.20) that could affect cash balances and dilution over the next several years through 11/18/2028.

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
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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^*

Titterton Lewis H jr

(Last) (First) (Middle)

4446-1A HENDRICKS AVE SUITE 354

(Street)

JACKSONVILLE FL 32207

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PARKERVISION INC [ PRKR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

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

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

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

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	10/07/2025		M		525,000	A	$0.18	3,541,265	D
Common Stock	10/07/2025		M		275,000	A	$0.2	3,816,265	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
Nonqualified Stock Option	$0.18	10/07/2025		M			525,000	(1)	11/18/2028	Common Stock	525,000	$0.18	75,000	D
Nonqualified Stock Option	$0.2	10/07/2025		M			275,000	(2)	02/01/2029	Common Stock	275,000	$0.2	0	D

Explanation of Responses:

1. Option vested in equal quarterly installments commencing January 27, 2024.

2. Optoin vested in four equal quarterly increments commencing May 1, 2024 and became fully exercisable February 1, 2025.

	/s/ Lewis H Titterton	10/07/2025
	** 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.

FAQ

What did Parkervision director Lewis H. Titterton report on Form 4 (PRKR)?

He reported two nonqualified stock option transactions totaling 800,000 options on 10/07/2025, at $0.18 and $0.20 exercise prices.

How many Parkervision shares does Lewis H. Titterton beneficially own after the reported transactions?

Following the reported transactions he beneficially owns 3,816,265 shares of common stock.

When do the reported Parkervision options become exercisable or expire?

One tranche vested in quarterly installments from 01/27/2024; the other became fully exercisable on 02/01/2025. The $0.18 tranche expires on 11/18/2028.

What are the exercise prices for the Parkervision options reported?

The options have exercise prices of $0.18 (525,000 options) and $0.20 (275,000 options).

Do these Form 4 transactions indicate purchases or grants?

The Form 4 shows option grants that were reported as acquired (code M), indicating awards or exercises of derivative securities on 10/07/2025.