BERMAN ROBERT ALAN 4

What Happened
Robert Alan Berman, CEO and Executive Chairman of Rekor Systems (REKR), reported a disposition by gift of 1,000,000 common shares on 2026-05-27. The filing lists the transaction code G (gift) and does not report a price or total dollar value (N/A). The reporting persons state they no longer have beneficial ownership of the transferred shares.

Key Details

• Transaction date: 2026-05-27 (Form 4 filed 2026-05-29 — appears timely under the two-business-day rule).
• Transaction type/code: Gift (G).
• Shares transferred/disposed: 1,000,000 shares. Price / total value: N/A (not reported).
• Shares owned after transaction: The filing notes the reporting persons no longer have beneficial ownership of the 1,000,000 transferred shares; the filing does not disclose the remaining total holdings.
• Footnotes: (F1) Avon Road Partners, L.P. transferred the 1,000,000 shares to a trust of which Avon Road is a beneficiary but has no investment control over the trust securities; reporting persons no longer beneficially own the transferred shares. (F2) Mr. Berman is the general partner of Avon Road.
• No indication of a 10b5-1 plan, option exercise, tax withholding, or late filing flag in the Form 4.

Context
Gifts are disposals and do not necessarily signal the insider’s view of the company’s prospects; they are commonly used for estate planning or family transfers. Here, the transfer was to a trust where Avon Road is a beneficiary but reportedly lacks investment control, and Berman’s connection is via his role as general partner of Avon Road.