SHAKERDGE-HENNESSY DEBRA 4

What Happened

• Debra Shakerdge-Hennessy, Chief People Officer of Rekor Systems (REKR), had 1,155 shares withheld to cover tax withholding in connection with the vesting of restricted stock units. The shares were valued at $1.01 each, totaling approximately $1,167. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: March 15, 2026; Form 4 filed: March 23, 2026 (filed after the typical 2-business-day deadline).
• Price and amount: 1,155 shares withheld at $1.01 per share; proceeds/withheld value ≈ $1,167.
• Footnote F1: The 1,155 shares were withheld for taxes in connection with the vesting of 3,333 RSUs on March 15, 2026.
• Footnote F2: The filing notes an additional 4,000 RSUs that vest in equal installments on Sept 2, 2026 and Sept 2, 2027.
• Shares owned after the transaction: not specified in the filing.

Context

• This was a routine tax-withholding event related to RSU vesting (code F). Such withholdings are administrative and do not necessarily signal the insider’s view on the company’s stock.
• The Form 4 was filed eight days after the transaction date, which is later than the typical 2-business-day reporting window; late filing can reduce the timeliness value of the disclosure for investors.