PARKERVISION INC 8-K

What Happened
ParkerVision, Inc. announced on April 22, 2026 that its Compensation Committee approved a modification to outstanding nonqualified stock options for CEO Jeffrey Parker and CFO Cynthia French, extending the options' expiration date from August 7, 2026 to August 7, 2029. The options were originally granted on August 7, 2019, had a $0.171 exercise price, and were fully vested at the time of modification. The company filed the Form 8-K on April 27, 2026.

Key Details

• Jeffrey Parker: 2,660,000 options; Cynthia French: 870,550 options.
• Original grant date: August 7, 2019; original term: seven years; new expiration: August 7, 2029.
• Exercise price unchanged at $0.171 per share; number of shares, vesting status and other terms unchanged.
• ParkerVision expects a one-time non-cash share-based compensation charge of approximately $360,000; no new securities were issued.

Why It Matters
Extending the expiration preserves the intended long-term incentive value of these executive awards without changing exercise price or issuing new shares. For investors, the primary effects are the timing of potential option exercises (now extended through 2029) and a modest, one-time accounting charge (~$360k) that will affect reported compensation expense but is non-cash. No dilution occurred from new issuances and the modification keeps executive compensation tied to equity value over a longer period.