Nalepa Joseph 4

What Happened Joseph Nalepa, Chief Financial Officer of Rekor Systems, was granted 100,000 Restricted Stock Units (RSUs) reported as an award/acquisition on 2026-03-15. The filing shows an acquisition price of $0.00 (standard for RSU awards) and lists the award as 100,000 RSUs; no dollar value at grant is provided in the Form 4. This is an equity compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-15; Form 4 filed: 2026-05-13 (appears late versus the typical 2-business-day filing requirement).
• Amount granted: 100,000 RSUs at $0.00 (no cash paid).
• Vesting (Footnote F1): 100,000 RSUs vest in three equal installments over 18 months — 1/3 vesting on Nov 11, 2026; May 11, 2027; and Nov 11, 2027.
• Additional vesting detail (Footnote F2): 6,666 of the RSUs vest in equal installments on Sep 2, 2026 and Sep 2, 2027.
• Shares owned after the transaction: not specified in the filing.
• Filing timeliness: reported nearly two months after the transaction — late filings can attract regulatory attention and reduce transparency for investors.

Context RSU grants are common executive compensation and are typically intended for retention or incentive; they do not represent an immediate cash purchase or sale. RSUs convert to shares only when they vest (and may be subject to tax withholding at vesting). Because this was an award rather than an open-market purchase, it’s a less direct signal of personal bullish trading activity, but it does increase potential future insider holdings as the units vest.