ParkerVision (PRKR) grants 370K stock options to director
Rhea-AI Filing Summary
ParkerVision Inc. director Lewis H. Titterton Jr. reported an award of stock options as compensation for 2026 Board service. 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. Following this grant, he beneficially owns 370,000 derivative securities directly. The option vests in two equal installments on July 22, 2026 and January 22, 2027, aligning vesting with his Board service period.
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FAQ
What insider transaction did ParkerVision (PRKR) disclose in this Form 4?
ParkerVision (PRKR) disclosed that director Lewis H. Titterton Jr. was granted an option to purchase 370,000 shares of common stock as compensation for 2026 Board service.
What is the exercise price of the options granted to the ParkerVision director?
The option granted to the director has an exercise price of $0.24 per share for ParkerVision common stock.
When do the newly granted ParkerVision (PRKR) options vest?
The option vests in two equal installments, with half vesting on July 22, 2026 and the remaining half vesting on January 22, 2027.
How many derivative securities does the ParkerVision director own after this grant?
After the reported grant, the director beneficially owns 370,000 derivative securities (stock options) directly.
Is the ParkerVision Form 4 transaction a purchase or an award of options?
The Form 4 reports an award of stock options (transaction code A) to the director as compensation for 2026 Board service, not an open-market purchase.
What role does the reporting person hold at ParkerVision (PRKR)?
The reporting person, Lewis H. Titterton Jr., is a director of ParkerVision Inc. and filed the Form 4 as a single reporting person.