Form 4: Rekor Systems CPO Sells Shares for Tax on RSU Vesting

Rekor Systems' Chief People Officer, Debra Shakerdge-Hennessy, reported the sale of 13,272 common shares to cover tax obligations related to RSU vesting.

Summary

• Debra Shakerdge-Hennessy, Chief People Officer of Rekor Systems, Inc. (REKR), reported a transaction involving company common stock.
• On November 18, 2025, 13,272 shares of common stock were disposed of for tax purposes at a price of $2 per share.
• This disposition was in connection with the vesting of 46,650 restricted stock units (RSUs) on the same date.
• Following this transaction, Debra Shakerdge-Hennessy beneficially owns 100,053 shares of common stock.
• The beneficial ownership includes 3,333 RSUs scheduled to vest on March 15, 2026, and 4,000 RSUs vesting in equal installments on September 2, 2026, and September 2, 2027.

Sentiment

Score: 5

Explanation: The filing reports a routine compensation-related transaction (RSU vesting and tax withholding) for an executive, which is generally a neutral event for the company's operational or financial performance.

Positives

• The vesting of 46,650 restricted stock units (RSUs) indicates a portion of the Chief People Officer's compensation package has matured, aligning executive incentives with company performance.

Negatives

• A disposition of 13,272 shares, even for tax purposes, represents a reduction in direct shareholding by a key executive.

Future Outlook

The Chief People Officer holds additional restricted stock units (RSUs) scheduled to vest on March 15, 2026, and in equal installments on September 2, 2026, and September 2, 2027, indicating future compensation events.

Industry Context

This is a routine insider transaction related to executive compensation, common across all industries for publicly traded companies where equity is a component of remuneration.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine compensation event. The executive continues to hold a significant number of shares and future RSUs, maintaining alignment of interests.
• Employees: No direct impact mentioned.

Next Steps

• Vesting of 3,333 restricted stock units (RSUs) on March 15, 2026.
• Vesting of 4,000 restricted stock units (RSUs) in equal installments on September 2, 2026, and September 2, 2027.

Key Dates

Keywords

Rekor Systems, REKR, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Disposition, Tax Withholding