Form 4: Guerrilla RF Director Pratt Reports Stock and Options Activity
SEC Form 4
Director William J. Pratt reports acquisition of restricted stock units and adjustments to holdings of common stock and options in Guerrilla RF, Inc.
Summary
- William J. Pratt, a director of Guerrilla RF, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the acquisition of 20,000 restricted stock units on June 5, 2024, which vest on the earlier of June 5, 2025 (subject to continued service), death, or disability.
- Pratt directly owns 131,789 shares of common stock.
- Pratt indirectly owns 1,166 shares of common stock held by his spouse.
- Pratt holds various stock options with exercise prices ranging from $1.44 to $3.18 and expiration dates between 2026 and 2030.
- Pratt also holds a warrant exercisable at $2.50, expiring on September 28, 2029, for 21,139 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's holdings and potential future dilution from option exercises and warrant conversion.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of earliest transaction: Acquisition of restricted stock units. |
| 06/05/2025 | Vesting date for restricted stock units, subject to continued service. |
| 10/26/2026 | Expiration date for some stock options. |
| 09/25/2028 | Expiration date for some stock options. |
| 09/28/2029 | Expiration date for warrant. |
| 09/11/2029 | Expiration date for some stock options. |
| 10/30/2030 | Expiration date for some stock options. |
| 06/07/2024 | Date of Form 4 signature. |
Keywords
Form 4, beneficial ownership, Guerrilla RF, stock options, restricted stock units, director, Pratt, warrant
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