Rekor Systems: amends bylaws to set 40% shareholder quorum

What happened

• On Oct 6, 2026, the Board of Directors approved and adopted an amendment to Section 2.5 of the company’s Amended and Restated Bylaws (the "Bylaw Amendment"), effective immediately. The Bylaw Amendment reduces the quorum required for meetings of stockholders from a majority of the shares entitled to vote to forty percent (40%) of the shares entitled to vote, present in person or represented by proxy, subject to the exceptions set forth in Section 2.5.
• The amended quorum requirement applies to the company’s 2026 Annual Meeting of Stockholders, which is scheduled to reconvene on Oct 16, 2026 at 10:30 a.m. Eastern Time, and to subsequent meetings of stockholders.

Key details

• Bylaw Amendment effective Oct 6, 2026; quorum changed from a majority to 40% of shares entitled to vote.
• The reconvened 2026 Annual Meeting is scheduled for Oct 16, 2026 at 10:30 a.m. Eastern Time; the record date remains the close of business on Mar 25, 2026.
• The proposals to be considered at the reconvened Annual Meeting, the Board’s voting recommendations and the voting standards applicable to those proposals are unchanged.
• The amendment to Section 2.5 is filed as Exhibit 3.1 to the Form 8-K.

Why it may matter

• This filing reports Item 5.03: amendments to articles of incorporation or bylaws, which covers changes to the company’s bylaws such as the quorum requirement for stockholder meetings. A filing does not show why the insider traded or why the company acted.