ParkerVision, Inc. filed a Form 8-K on October 29, 2026, disclosing the appointment of William G. Walters as a new Class II director following the Board's expansion from four to five members on October 23, 2026.

Key Highlights

  • Board expanded: The Board of Directors voted to increase its size from four to five members, creating a Class II director vacancy.
  • New director appointed: William G. Walters was unanimously appointed by the Board to fill the newly created vacancy.
  • Background: Mr. Walters, age 89, is retired from an investment banking career focused on micro and small cap companies.
  • Education: Mr. Walters holds a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania and a certificate from Harvard Business School's Owner/President Management (OPM) program.
  • Compensation: Mr. Walters will receive the company's standard non-employee director compensation arrangements and entered into the company's standard indemnification agreement.
  • No related-party transactions: The filing states there are no transactions involving Mr. Walters requiring disclosure under Item 404(a) of Regulation S-K.

ParkerVision Adds Walters to Board Following Seat Expansion

According to the Form 8-K filed with the SEC on October 29, 2026, the Board of Directors of ParkerVision, Inc. acted on October 23, 2026, to expand its membership from four to five directors. The filing states that the Board "unanimously appointed William G. Walters to fill the director vacancy created by the Board expansion," placing him in the Class II director category.

The filing describes Mr. Walters, age 89, as retired from an investment banking career "where he focused on micro and small cap companies." His educational credentials, as disclosed, include a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania and a certificate from Harvard Business School's Owner/President Management (OPM) program. The company disclosed that there are "no arrangements or understandings between Mr. Walters and any other persons pursuant to which he was selected as a director."

The filing further states that Mr. Walters will receive the company's standard non-employee director compensation arrangements and that the company entered into its standard indemnification agreement with him. ParkerVision's securities registered under Section 12(b) of the Act are listed as "None" in the filing's registered-securities table. The report was signed by Cynthia French, Chief Financial Officer, and a press release announcing the appointment was furnished as Exhibit 99.1.

What Was Disclosed

ParkerVision filed an 8-K disclosing the October 23, 2026, expansion of its Board from four to five members and the unanimous appointment of William G. Walters, a retired investment banker, as a Class II director under standard non-employee compensation terms.