Form 4: Rekor Systems Executive Sells Shares to Cover Tax Obligations

Debra Shakerdge-Hennessy, Chief People Officer of Rekor Systems, sold 1,155 shares to cover tax obligations related to vesting restricted stock units.

Summary

• Debra Shakerdge-Hennessy, Chief People Officer of Rekor Systems, Inc., reported a transaction on March 17, 2025.
• She disposed of 1,155 shares of common stock at a price of $1.09 per share.
• This transaction was to cover tax obligations related to the vesting of 3,333 Restricted Stock Units (RSUs).
• Following the transaction, Shakerdge-Hennessy beneficially owns 124,059 shares of Rekor Systems, Inc.
• This includes 93,300 RSUs vesting in installments on April 1, 2025, and November 18, 2025, and 3,333 RSUs vesting on March 15, 2026.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine Form 4 filing, reflecting an insider transaction related to equity compensation. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small percentage of the outstanding shares.

Key Dates

Keywords

Form 4, Rekor Systems, REKR, Debra Shakerdge-Hennessy, Chief People Officer, stock sale, restricted stock units, RSUs, beneficial ownership, insider trading