Form 4: Guerrilla RF Director Pratt Reports Stock and Options Activity

Sentiment:

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

DateDescription
06/05/2024Date of earliest transaction: Acquisition of restricted stock units.
06/05/2025Vesting date for restricted stock units, subject to continued service.
10/26/2026Expiration date for some stock options.
09/25/2028Expiration date for some stock options.
09/28/2029Expiration date for warrant.
09/11/2029Expiration date for some stock options.
10/30/2030Expiration date for some stock options.
06/07/2024Date of Form 4 signature.

Keywords

Form 4, beneficial ownership, Guerrilla RF, stock options, restricted stock units, director, Pratt, warrant

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.