Form 4: Rekor Systems CFO Eyal Hen Reports Stock Transaction
SEC Form 4 Filing
Eyal Hen, CFO of Rekor Systems, reports the withholding of 9,616 shares for tax purposes related to vesting of Restricted Stock Units.
Summary
- On March 15, 2024, Eyal Hen, the CFO of Rekor Systems, Inc., had 9,616 shares of common stock withheld for tax purposes.
- This was in connection with the vesting of 30,000 Restricted Stock Units (RSUs).
- Following the transaction, Hen beneficially owns 129,021 shares, which includes 30,000 RSUs vesting on March 15, 2025, and 16,667 RSUs vesting on March 15, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transaction and vesting of 30,000 Restricted Stock Units. |
| 03/15/2025 | Vesting date for 30,000 Restricted Stock Units. |
| 03/15/2026 | Vesting date for 16,667 Restricted Stock Units. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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