secwatch.observer — SEC 8-K summary
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Issuer:     Rekor Systems, Inc. (REKR)
CIK:        0001697851
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001193125-26-129061
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rekor Systems CEO gets amended contract with 1M share grant; director Sarma resigns
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- Director Sanjay Sarma resigns March 25, 2026; no disagreement; remains Chairman of Rekor Labs subsidiary.
- CEO Robert Berman new agreement: $395,000 base salary, term through June 30, 2028, one-time grant of 1,000,000 fully vested shares.
- CFO Joseph Nalepa new agreement: $260,000 base salary, $75,000 initial bonus contingent on timely 2025 10-K filing and audit.
- Berman severance: 12 months base salary; change-in-control lump sum of 3x base salary. Nalepa: 12 months base salary; change-in-control lump sum of 2x base salary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1697851/000119312526129061/0001193125-26-129061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1697851/000119312526129061/d119059d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-129061

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