Form 4: Rekor Systems CFO Eyal Hen Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Eyal Hen, CFO of Rekor Systems, reports disposing of shares to cover tax obligations related to vesting Restricted Stock Units.
Summary
- On April 1, 2025, Eyal Hen, the CFO of Rekor Systems, disposed of 36,164 shares of common stock to cover tax obligations.
- The shares were withheld for tax purposes in connection with the vesting of 112,000 Restricted Stock Units (RSUs).
- The transaction was executed at a price of $0.899 per share.
- Following the transaction, Hen beneficially owns 306,461 shares, including 112,000 RSUs vesting on November 18, 2025, and 16,667 RSUs vesting on March 15, 2026.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (share disposal for tax obligations). It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document indicates future vesting dates for RSUs held by the CFO, suggesting continued equity-based compensation.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the disposal of shares by a company insider, which could slightly increase selling pressure.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Disposal of shares for tax purposes related to RSU vesting. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
| 11/18/2025 | Vesting date for 112,000 RSUs. |
| 03/15/2026 | Vesting date for 16,667 RSUs. |
Keywords
Form 4, Rekor Systems, Eyal Hen, CFO, Share Disposal, Restricted Stock Units, RSUs, Beneficial Ownership, Tax Obligations
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