INTRUSION INC (INTZ) Director McCallum Exercises Warrants, Receives Award

What Happened Katrinka McCallum, a director of Intrusion Inc. (INTZ), exercised warrants to acquire 5,834 common shares on 2026-08-26, paying $0.80 per share for a cash outlay of $4,638. At the same time she was granted 5,834 derivative instruments (warrants) valued at $0.13 per share (total $729) as part of the transaction. Both entries are recorded as acquisitions (one an exercise/conversion of a derivative, one a grant of a derivative).

Key Details

• Transaction date: 2026-08-26.
• Exercise: 5,834 shares acquired at $0.80 each; total cash paid = $4,638 (code M).
• Grant: 5,834 derivative instruments recorded at $0.13 each; total reported value = $729 (code A).
• Footnotes: (F1) Common stock was acquired via exercise of a warrant. (F2) The new warrant was granted under a Warrant Inducement Letter dated 08/14/2026 — one new warrant was issued in exchange for each warrant exercised.
• Shares owned after the transaction: Not stated in the provided filing.
• Filing timeliness: Reported for the transaction date 2026-08-26; no late filing indicated.

Context This was an exercise of warrants (a form of buying common stock by converting a derivative) with a concurrent issuance of replacement warrants under an inducement arrangement. The filing does not indicate any immediate sale of the acquired shares (no cashless exercise or sale reported). Exercises and related warrant grants are routine insider transactions and are factual disclosures of acquisition activity rather than statements of intent or market outlook.