Rekor (REKR) Insider Amendment: 6,000 RSUs Granted; 569 Shares Withheld

Rhea-AI Filing Summary

Rekor Systems, Inc. (REKR) reporting person Debra Shakerdge-Hennessy, Chief People Officer, disclosed equity award activity and resulting beneficial ownership. On 09/02/2024 she was granted 6,000 restricted stock units (RSUs) that vest in three equal annual installments of 2,000 RSUs on 09/02/2025, 09/02/2026 and 09/02/2027. The grant was not reported at the time due to an administrative oversight and is now reported. The Form 4 also reports a 09/02/2025 transaction showing 569 shares withheld for taxes related to the vesting of 2,000 RSUs at $1.09 per share. Following the corrections and other outstanding awards, the filing shows beneficial ownership figures of 41,379 and 113,325 shares under different line items and details additional RSUs scheduled to vest on 11/18/2025, 03/15/2026, 09/02/2026 and 09/02/2027.

Insights

Financial Analyst

TL;DR: Insider received a modest RSU grant and tax-withholding occurred; the late reporting creates a small governance flag.

The 6,000-RSU grant is compensation-focused and vests over three years, aligning incentives with tenure. The 569-share tax withholding on 09/02/2025 reflects standard payroll tax mechanics for vested equity. The filing corrects an administrative omission rather than disclosing a new economic event; monetary magnitude is limited relative to typical market-moving insider transactions.

Corporate Governance Expert

TL;DR: Administrative oversight in timely reporting is a governance concern but the underlying transactions are routine compensation awards.

The Form 4 amendment states the 6,000-RSU grant was inadvertently unreported at grant date, which raises process and compliance questions about Section 16 reporting controls. The disclosed vesting schedule and tax-withholding are standard. Investors may view the oversight as procedural rather than substantive given the size and nature of the award.

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
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^*

SHAKERDGE-HENNESSY DEBRA

(Last) (First) (Middle)

C/O REKOR SYSTEMS, INC.

6721 COLUMBIA GATEWAY DRIVE, SUITE 400

(Street)

COLUMBIA MD 21046

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rekor Systems, Inc. [ REKR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2024

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	09/02/2024		A	V	6,000(1)	A	$0.00	41,379(2)	D
Common Stock	09/02/2025		F	V	569(3)	D	$1.09	113,325(4)	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

Explanation of Responses:

1. On September 2, 2024, the Reporting Person was granted 6,000 Restricted Stock Units ("RSUs"), vesting in three equal installments of 2,000 RSUs on September 2, 2025, September 2, 2026, and September 2, 2027. The grant was inadvertently not reported on Form 4 at the time of grant due to an administrative oversight by the Issuer.

2. Reflects the Reporting Person's beneficial ownership as of September 2, 2024, when the afformentioned reportable transaction was inadvertently not reported on Form 4, and includes 3,333 RSUs which vest on March 15, 2026.

3. Consists of 569 shares withheld for tax purposes in connection with the vesting of 2,000 RSUs on September 2, 2025.

4. Includes 46,650 RSUs which vest on November 18, 2025; 3,333 RSUs which vest on March 15, 2026; and 4,000 RSUs which vest in equal installments on September 2, 2026 and September 2, 2027.

	/s/ Debra Shakerdge-Hennessy	09/05/2025
	** 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 equity award did the REKR reporting person receive?

The filing discloses a grant of 6,000 Restricted Stock Units (RSUs) granted on 09/02/2024.

Why was this Form 4 filed or amended for REKR?

The grant was inadvertently not reported at the time of grant due to an administrative oversight, so the Form 4 corrects prior non-reporting.

What is the vesting schedule for the RSUs?

The 6,000 RSUs vest in three equal installments of 2,000 RSUs on 09/02/2025, 09/02/2026 and 09/02/2027.

Were any shares withheld for taxes?

Yes. On 09/02/2025, 569 shares were withheld for tax purposes in connection with the vesting of 2,000 RSUs at a reported price of $1.09 per share.

What beneficial ownership totals are disclosed in the filing?

The filing shows beneficial ownership figures including 41,379 and 113,325 shares in different reported lines reflecting existing and scheduled RSU holdings.