Form 4: Rekor Systems Chief Revenue Officer Reports Stock Transaction
SEC Form 4 Filing
Michael Dunbar, Chief Revenue Officer of Rekor Systems, reports the withholding of shares for tax purposes related to vesting Restricted Stock Units.
Summary
- Michael Dunbar, the Chief Revenue Officer of Rekor Systems, filed a Form 4 on April 3, 2025, reporting a transaction.
- On April 1, 2025, 24,212 shares of common stock were withheld for tax purposes in connection with the vesting of 78,600 Restricted Stock Units (RSUs).
- The price per share for the transaction was $0.899.
- Following the transaction, Dunbar beneficially owns 198,845 shares, which includes 78,600 RSUs vesting on November 18, 2025, and 8,333 RSUs vesting on March 15, 2026.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to 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 reflects the standard compensation practices for company executives.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: 24,212 shares withheld for tax purposes related to RSU vesting. |
| 04/03/2025 | Date of Form 4 filing. |
| 11/18/2025 | Vesting date for 78,600 RSUs. |
| 03/15/2026 | Vesting date for 8,333 RSUs. |
Keywords
Form 4, Rekor Systems, REKR, Michael Dunbar, Chief Revenue Officer, Stock Transaction, Restricted Stock Units, RSUs, Beneficial Ownership
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