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Rekor Systems (REKR) CFO receives 100,000 RSUs vesting through 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nalepa Joseph reported acquisition or exercise transactions in this Form 4 filing.

Rekor Systems, Inc. reported that its CFO, Joseph Nalepa, received an equity award recorded as 100,000 shares of Common Stock at $0.00 per share, representing a grant of 100,000 Restricted Stock Units (RSUs). These RSUs will vest in three equal installments over an 18‑month period, with one‑third vesting on November 11, 2026, one‑third on May 11, 2027, and one‑third on November 11, 2027. Following this grant, Nalepa beneficially owns 184,731 shares of Common Stock. The footnotes also state that his holdings include 6,666 RSUs that vest in equal installments on September 2, 2026 and September 2, 2027.

Positive

  • None.

Negative

  • None.
Insider Nalepa Joseph
Role CFO
Type Security Shares Price Value
Grant/Award Common Stock 100,000 $0.00 --
Holdings After Transaction: Common Stock — 184,731 shares (Direct, null)
Footnotes (1)
  1. Consists of 100,000 Restricted Stock Units ("RSUs"), which shall vest in three equal installments over an 18-month period, with one-third (1/3) of the RSUs vesting on November 11, 2026, May 11, 2027 and November 11, 2027, respectively. Includes 6,666 RSUs which vest in equal installments on September 2, 2026 and September 2, 2027.
RSU grant size 100,000 RSUs / shares Equity award to CFO on Form 4
Grant price per share $0.00 per share Recorded price for RSU-related Common Stock
Shares owned after transaction 184,731 shares Common Stock beneficially owned following grant
First RSU vesting date November 11, 2026 One-third of 100,000 RSUs vest
Second RSU vesting date May 11, 2027 Second one-third of 100,000 RSUs vest
Final RSU vesting date November 11, 2027 Final one-third of 100,000 RSUs vest
Additional RSUs outstanding 6,666 RSUs Separate RSUs vesting on Sept. 2, 2026 and 2027
Restricted Stock Units ("RSUs") financial
"Consists of 100,000 Restricted Stock Units ("RSUs"), which shall vest in three equal installments"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"which shall vest in three equal installments over an 18-month period"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficially owns financial
"Following this grant, Nalepa beneficially owns 184,731 shares of Common Stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
installments financial
"shall vest in three equal installments over an 18-month period"
Installments are a series of scheduled partial payments that together cover a larger amount owed or due, like paying for a purchase or loan in weekly or monthly pieces rather than all at once. For investors, installments matter because they change when cash moves between parties, affect a company’s or counterparty’s short-term cash flow and risk of missed payments, and can influence valuation or perceived financial stability much like spreading the cost of a car over monthly payments.
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Nalepa Joseph

(Last)(First)(Middle)
C/O REKOR SYSTEMS, INC.
6721 COLUMBIA GATEWAY DRIVE, SUITE 400

(Street)
COLUMBIA MARYLAND 21046

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Rekor Systems, Inc. [ REKR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/15/2026AV100,000(1)A$0.00184,731(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Consists of 100,000 Restricted Stock Units ("RSUs"), which shall vest in three equal installments over an 18-month period, with one-third (1/3) of the RSUs vesting on November 11, 2026, May 11, 2027 and November 11, 2027, respectively.
2. Includes 6,666 RSUs which vest in equal installments on September 2, 2026 and September 2, 2027.
/s/ Joseph Nalepa05/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Rekor Systems (REKR) report for its CFO?

Rekor Systems reported that CFO Joseph Nalepa received an equity award of 100,000 shares of Common Stock in the form of Restricted Stock Units, granted at $0.00 per share as compensation and subject to a multi‑year vesting schedule extending into 2027.

How many RSUs did Rekor Systems (REKR) CFO Joseph Nalepa receive?

Joseph Nalepa received 100,000 Restricted Stock Units. The Form 4 notes that these RSUs are structured as Common Stock at $0.00 per share and will vest in three equal installments over an 18‑month period ending on November 11, 2027.

What is the vesting schedule for the 100,000 RSUs granted to the Rekor (REKR) CFO?

The 100,000 RSUs vest in three equal installments. One‑third vests on November 11, 2026, another third on May 11, 2027, and the final third on November 11, 2027, aligning the award with an 18‑month performance and retention period.

How many Rekor Systems (REKR) shares does the CFO hold after this Form 4 transaction?

After the reported grant, CFO Joseph Nalepa beneficially owns 184,731 shares of Rekor Systems Common Stock. This total reflects his direct ownership position following the 100,000‑share RSU award recorded in the Form 4 filing for the transaction date in 2026.

Are there additional RSUs outstanding for Rekor Systems (REKR) CFO besides the new 100,000 award?

Yes. Footnotes indicate that Nalepa’s holdings include 6,666 additional RSUs. Those RSUs vest in two equal installments on September 2, 2026 and September 2, 2027, adding to the larger 100,000‑unit grant vesting through late 2027.