---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012523"
form_type: "8-K"
ticker: "PRKR"
cik: "0000914139"
company_name: "PARKERVISION INC"
filed_at: "2025-04-21T23:59:59+00:00"
generated_at: "2026-05-23T10:51:32.808829+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ParkerVision board member resigns; CEO and CFO get salary increases and option extension

## Summary
- Director Sanford Litvack resigned from board and committees effective April 15, 2025, with no disagreement.
- CEO base salary raised from $260,000 to $400,000; CFO base salary from $180,000 to $250,000.
- Option expiration extended from Jan 2026 to Jan 2031 for CEO (8M options) and CFO (1M options) at $0.54.
- Company expects a $1.9M one-time charge for share-based compensation from the option modification.
- New base salaries are below the 50th percentile of a peer group developed by an independent third party.

## SEC filing metadata
- accession: 0001437749-25-012523
- form_type: 8-K
- ticker: PRKR
- cik: 0000914139
- company_name: PARKERVISION INC
- filed_at: 2025-04-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914139/000143774925012523/0001437749-25-012523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914139/000143774925012523/prkr20250421_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012523
- JSON: https://secwatch.observer/filing/0001437749-25-012523.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012523.txt

## Source-grounded claims
- claim_id: 93baa0a991
  claim: Sanford Litvack resigned as Director at PARKERVISION INC.
  evidence_excerpt: On April 15, 2025, Mr. Sanford Litvack resigned from our Board of Directors, and from the Audit and Compensation Committees on which he served.
  evidence_url: https://www.sec.gov/Archives/edgar/data/914139/000143774925012523/0001437749-25-012523-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.