ROSENBAUM PAUL A 4

What Happened

• Paul A. Rosenbaum, a director of ParkerVision, was granted a derivative award on 2026-01-22: options covering 370,000 shares with an exercise price of $0.24 per share (not an open-market purchase), giving a nominal value of $88,800. The award is compensation for 2026 board service and represents an equity grant rather than a cash transaction.

Key Details

• Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (timely under the two-business-day rule).
• Award type/code: A (grant/award of derivative securities — options).
• Quantity / strike / nominal value: 370,000 options @ $0.24; $88,800 implied.
• Vesting: Options vest in two equal bi-annual increments on July 22, 2026 and January 22, 2027 (footnote F1).
• Shares owned after transaction: Not specified in the reported details.
• No immediate sale or exercise reported; this is a compensation grant, not a buy or sell.

Context

• This is a standard board compensation equity award. Such grants compensate directors and vest over time; they are not the same as insider purchases (which some investors view as a stronger bullish signal). Because these are options, they provide future upside if the stock rises above the $0.24 strike after vesting.