PARKER JEFFREY 4

What Happened
Jeffrey Parker, CEO of ParkerVision, received a derivative award (reported as "A" — grant/award) for 8,000,000 shares with a strike/price of $0.24 per share, representing a grant value of $1,920,000. This was a grant of options/rights, not an open‑market purchase or sale.

Key Details

• Transaction date: January 22, 2026; grant price/strike: $0.24 per share; total notional value: $1,920,000.
• Instrument: Derivative award (option/award) for 8,000,000 shares (transaction code A).
• Shares owned after transaction: Not disclosed in the filing excerpt.
• Footnote: Vesting is tied to specified performance conditions measured quarterly over a five‑year performance period; any portion not vested by January 22, 2031 will be cancelled.
• Filing date: January 26, 2026 (Form 4 filed after the transaction date; appears timely based on standard Form 4 reporting rules).

Context
This was a performance‑contingent award — the CEO does not immediately own tradable common shares unless and until the award vests/exercises according to the stated performance schedule. Such grants are common as long‑term incentive compensation and should not be interpreted as a direct market purchase or sale by the insider.