[Form 4] BIO KEY INTERNATIONAL INC Insider Trading Activity
Michael DePasquale, Chief Executive Officer and Director of Bio-Key International, Inc. (BKYI), reported two open-market purchases of the company's common stock. On 09/15/2025 he purchased 2,500 shares at $0.75 per share and on 09/16/2025 he purchased 1,617 shares at $0.84 per share. Following these transactions he beneficially owned 112,174 shares directly. The filing notes that reported holdings exclude options to purchase 232 shares and warrants exercisable into 9,167 shares. The Form 4 is signed and dated 09/17/2025.
- Insider purchases recorded: CEO acquired 2,500 shares at $0.75 and 1,617 shares at $0.84
- Increased direct stake: Beneficial ownership reported as 112,174 shares following transactions
- Clear disclosure: Form 4 includes signature and explains excluded option and warrant holdings
- None.
Insights
TL;DR: CEO made small, direct purchases over two days, modestly increasing his stated direct stake.
The reporting shows routine insider purchases totaling 4,117 common shares across two days at prices of $0.75 and $0.84. These are disclosed as direct beneficial ownership and raise his reported direct holdings to 112,174 shares. The filing explicitly excludes small option and warrant positions from the count. The transactions are straightforward open-market purchases with no derivatives exercised or disposed of reported.
TL;DR: Disclosure complies with Section 16 reporting; purchases were properly reported within required timeframe.
The Form 4 identifies the reporting person, relationship to the issuer (CEO and Director), transaction dates, codes, amounts and prices, and includes the required signature and date. The form clarifies direct ownership and notes excluded option and warrant holdings. From a governance and compliance perspective, the filing appears complete and timely based on the information provided.