ELLIS THOMAS B 4
4 · Guerrilla RF, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Guerrilla RF (GUER) 10% Owner Ellis Thomas B Receives 15,625-Share Award
What Happened
Ellis Thomas B, reported as a 10% owner of Guerrilla RF (GUER), was granted a derivative award of 15,625 shares on May 15, 2026. The award was reported as acquired at $0.00 per share (no cash paid) and is recorded as a derivative security rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-19. (The filing occurred four days after the transaction; Form 4s are normally due within two business days and this may be late.)
- Shares granted: 15,625 derivative shares; price reported: $0.00 (no cash exchanged).
- Shares owned after transaction: Not specified in the supplied filing.
- Footnotes of note:
- F1: The securities have no expiration date.
- F2: Reported shares are directly held by NR-PRL Partners, LP and may be indirectly owned by NR-PRL Partners GP, LLC.
- F3: Reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- Transaction code: A (Award/Grant). This is not a sale.
Context
This was an award of derivative securities, not an open‑market purchase or sale. The filing does not detail conversion/settlement mechanics or whether/when these derivative shares become common stock. Because the securities are held through NR-PRL Partners entities and the reporting person is a 10% owner, this looks like an institutional/partner-level holding rather than a routine executive market trade. The reporting person’s disclaimer limits implied beneficial ownership except for pecuniary interest — read the footnotes for ownership nuance.
Insider Transaction Report
- Award
Stock Option
2026-05-15+15,625→ 15,625 totalExercise: $3.05From: 2026-05-15Exp: 2036-05-15→ Common Stock (15,625 underlying)
- 16,667
Common Stock
- 7,213,115(indirect: See Footnotes.)
Series A Convertible Preferred Stock
[F1][F2][F3]Exercise: $327.87From: 2024-08-05→ Common Stock (7,213,115 underlying) - 2,885,246(indirect: See Footnotes.)
Common Stock Purchase Warrants
[F2][F3]Exercise: $3.05From: 2024-08-05Exp: 2030-02-05→ Common Stock (2,885,246 underlying)
Footnotes (3)
- [F1]The securities do not have any expiration date.
- [F2]The reported securities are directly held by NR-PRL Partners, LP, and may be deemed to be indirectly beneficially owned by NR-PRL Partners GP, LLC as the general partner of NR-PRL Partners, LP. The securities may also be deemed to be indirectly beneficially owned by the Reporting Person as a member of NR-PRL Partners GP, LLC.
- [F3]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.