HAMMER TODD B 4

What Happened Todd B. Hammer, reported as a 10% owner of Guerrilla RF, was granted 15,625 derivative shares (transaction code A) on May 15, 2026. The filing reports an acquisition price of $0.00, meaning no cash was paid for the award. This is a grant/award of derivative securities rather than an open-market purchase or sale.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed after the transaction date; appears late relative to the typical 2-business-day reporting requirement).
• Security and amount: 15,625 derivative shares granted, reported at $0.00 per share.
• Shares owned after transaction: Not specified in the filing.
• Footnotes from the filing:
  • F1: The securities have no expiration date.
  • F2: The reported securities are directly held by NR-PRL Partners, LP and may be indirectly beneficially owned by NR-PRL Partners GP, LLC; the Reporting Person may be indirect owner via that GP.
  • F3: The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest.
• Transaction type: Award/grant of derivative securities (code A), not a sale or open-market purchase.

Context

• As a 10% owner, this transaction is reported in an ownership/investor capacity rather than as routine executive trading; holdings are tied to NR-PRL Partners entities per the footnotes.
• Derivative award means these are not necessarily common shares immediately tradable (could be RSUs or similar); the filing does not state immediate sale or cashless exercise.
• The late filing is a procedural matter that may attract regulatory attention; it does not by itself indicate intent or change in investment view.