ParkerVision Grants Performance-Based Stock Options and Approves Salary Increases for Executives

Reuters01-27

ParkerVision Grants Performance-Based Stock Options and Approves Salary Increases for Executives

ParkerVision Inc. has approved new compensation arrangements for its executive officers. CEO Jeffrey Parker received a performance-based stock option grant to purchase up to 8 million shares, while CFO Cynthia French received a similar grant for up to 500,000 shares. These options have a five-year performance period with quarterly measurement dates and are exercisable at $0.24 per share. Vesting is tied to the company’s cumulative net cash from patent enforcement actions, with automatic acceleration of vesting if the company’s market capitalization reaches $1 billion for 20 consecutive trading days or upon a change in control. Additionally, the CFO was granted a time-based stock option for 500,000 shares, vesting over two years. Both the CEO and CFO will receive a 2.5% cost-of-living salary increase effective April 15, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ParkerVision Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-002079), on January 26, 2026, and is solely responsible for the information contained therein.

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CEO Jeffrey Parker received a performance-based stock option grant to purchase up to 8 million shares, while CFO Cynthia French received a similar grant for up to 500,000 shares. These options have a five-year performance period with quarterly measurement dates and are exercisable at $0.24 per share. Vesting is tied to the company’s cumulative net cash from patent enforcement actions, with automatic acceleration of vesting if the company’s market capitalization reaches $1 billion for 20 consecutive trading days or upon a change in control. Additionally, the CFO was granted a time-based stock option for 500,000 shares, vesting over two years. 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