SCHEDULE: ParkerVision Director Boosts Stake to 7.0%

A director of ParkerVision Inc. significantly increased his beneficial ownership of common stock through recent purchases and option exercises, now holding 7.0% of the company.

Summary

• Lewis H. Titterton, Jr., a director of ParkerVision Inc., beneficially owns 8,829,430 shares of Common Stock as of November 17, 2025.
• This ownership represents approximately 7.0% of the Issuer's outstanding Common Stock, based on 126,311,303 shares outstanding.
• The Reporting Person acquired 4,761,905 shares of Common Stock at $0.21 per share through a Subscription Agreement that closed on November 17, 2025.
• Additionally, in October 2025, the Reporting Person exercised non-qualified share options for 800,000 shares of Common Stock at an average exercise price of $0.185 per share.
• The shares were acquired using personal funds, and the purpose of the transaction is for investment.
• The Reporting Person also holds 75,000 currently exercisable non-qualified options at $0.18 per share, 137,500 restricted stock units vesting on December 31, 2025, and 38,760 warrants at $1.75 per share expiring on March 29, 2026.

Sentiment

Score: 7

Explanation: The significant increase in beneficial ownership by a director, using personal funds, signals strong insider confidence in the company's current valuation and future prospects, which is generally a positive indicator for investors.

Positives

• A director significantly increasing their stake demonstrates strong confidence in the company's future prospects and valuation.
• The director's investment was made using personal funds, aligning his financial interests more closely with those of other shareholders.
• The purchase price of $0.21 per share for a substantial block of stock indicates the director's belief in the current market value.

Risks

• The Reporting Person's future actions regarding the Common Stock will depend on factors such as price levels, general market and economic conditions, and the Issuer's business, financial condition, operations, and prospects.
• The Reporting Person's investment decisions are also subject to the relative attractiveness of alternative business and investment opportunities and personal liquidity needs.

Future Outlook

The Reporting Person holds the Common Stock for investment purposes and may, from time to time, acquire additional shares or sell portions of his holdings. Any future actions will be dependent on various factors including stock price, market conditions, the Issuer's performance, and alternative investment opportunities.

Management Comments

• The Reporting Person holds the Common Stock of the Issuer for investment purposes.
• As a director, the Reporting Person may have influence over the corporate activities of the Issuer.

Industry Context

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Legal Proceedings

• The Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.
• During the last five years, the Reporting Person has not been a party to a civil proceeding that resulted in a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws.

Related Party Transactions

• The Reporting Person entered into a Subscription Agreement with the Issuer on November 14, 2025, to purchase 4,761,905 shares of Common Stock.
• The Reporting Person exercised non-qualified share options received as director compensation for 800,000 shares in October 2025.
• The Reporting Person holds currently exercisable non-qualified options for 75,000 shares under a director compensation award dated November 18, 2023.
• The Reporting Person holds 137,500 restricted stock units awarded as director compensation on July 3, 2025, vesting on December 31, 2025.
• The Reporting Person holds warrants for 38,760 shares issued in connection with a private placement by the Issuer in which the Reporting Person participated.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive signal, indicating management's belief in the company's value and future performance.
• The capital raised through the subscription agreement provides additional funds to the company, potentially benefiting operations and strategic initiatives.

Next Steps

• The Reporting Person may acquire additional shares of Common Stock in the open market or privately negotiated transactions.
• The Reporting Person may sell all or a portion of the shares of Common Stock held.
• The Reporting Person may distribute Common Stock to other entities.

Key Dates

Recommendation

The significant increase in a director's beneficial ownership, funded personally, is a strong signal of insider confidence and alignment with shareholder interests. While this is a positive indicator, a Schedule 13D filing primarily discloses ownership changes and does not provide comprehensive financial or operational details to warrant a 'buy' or 'strong buy' recommendation without further fundamental analysis. It suggests the stock is at least fairly valued or undervalued from an insider perspective, making 'hold' a prudent recommendation for investors awaiting more comprehensive company updates.

Keywords

ParkerVision, PVIN, Schedule 13D, insider buying, director stake, beneficial ownership, common stock, equity investment