Titterton Lewis H jr 4

What Happened
Lewis H. Titterton Jr., a director of ParkerVision, was granted a derivative award of 370,000 shares on January 22, 2026, at $0.24 per share, with a reported value of $88,800. This filing records an award (compensation), not an open‑market purchase or sale, so it reflects board compensation rather than an immediate bullish or bearish trading signal.

Key Details

• Transaction date: January 22, 2026; filing date: January 26, 2026 (filed 4 days after the transaction). This may be later than the standard two‑business‑day Form 4 deadline.
• Award: 370,000 derivative shares/options, exercise/price reported as $0.24; total reported value $88,800.
• Vesting: Option vests in two equal bi‑annual increments on July 22, 2026 and January 22, 2027 (see footnote).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Filing code/type: Award/Grant (derivative). No 10b5‑1 plan, tax withholding, or immediate sale noted.

Context
This was an equity compensation grant for board service. The award gives the holder the right to acquire shares at $0.24 in the future once vested; it was not exercised or sold at the time of the filing. Such grants are routine for directors and are primarily a form of compensation rather than a direct indicator of the insider’s view on near‑term stock performance.