STERNE ROBERT GREENE 4

What Happened
Sterne Robert Greene, a director of PARKERVISION, received a derivative award on Jan 22, 2026: an option grant covering 370,000 shares with an exercise/strike price of $0.24 per share (file lists $88,800 = 370,000 × $0.24). This was an award/grant (transaction code A) reported on a Form 4 filed with the SEC on Jan 26, 2026.

Key Details

• Transaction date: 2026-01-22; Form 4 filed: 2026-01-26. Filing appears timely (within 2 business days).
• Security type: Derivative (stock option) covering 370,000 shares.
• Price/strike: $0.24 per share; listed aggregate amount $88,800.
• Vesting: Vests in two equal bi-annual increments on July 22, 2026 and January 22, 2027 (see footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 states the option was awarded as compensation for 2026 board service and includes the vesting schedule.

Context
This was a compensation-related option grant, not an open-market purchase or sale. Such awards compensate service and do not by themselves indicate the insider bought or sold stock in the market. The options appear not to be immediately vested; value to the insider depends on future vesting and the company's market price relative to the $0.24 strike.