Robert A. Berman - 04 Mar 2024 Form 4 Insider Report for Rekor Systems, Inc. (REKR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Mar 2024, 16:11:16 UTC
Prior SEC filing
28 Aug 2023
Next SEC filing
20 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert A. Berman

Key filing fact

Robert A. Berman filed Form 4 for Rekor Systems, Inc. (REKR) on 06 Mar 2024.

Key facts

  • This page summarizes Robert A. Berman's Form 4 filing for Rekor Systems, Inc. (REKR).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Mar 2024, 16:11.

Change

  • Previous filing in this sequence was filed on 28 Aug 2023.
  • Current net transaction value: +$300,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

REKR transaction

Common Stock

Other

Transaction value
$300,000
Shares
+120,000
Change %
+11%
Price
$2.50
Shares after
1,255,219
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1
REKR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,165,104
Date
04 Mar 2024
Ownership
By Avon Road, L.P.
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On March 4, 2024, the Rekor Systems, Inc. completed the redemption of all its outstanding senior secured notes. In connection with the redemption, Mr. Berman elected to accept $300,000 of the redemption payment due to him for his senior secured notes in the form of 120,000 unregistered shares of the registrant's common stock, par value $0.0001 per share, having a value of $2.50 per share.

Footnote F2

Mr. Berman is the general partner of Avon Road.

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