KIDOZ (KDOZF) director Kalborg lets 50,000 options expire, retains large grants

Rhea-AI Filing Summary

KIDOZ INC. director Claes Kalborg reported the expiration of 50,000 employee stock options on common shares. The options, with an exercise price of approximately US$0.81 per share (CAD$1.02), expired unexercised on April 6, 2026.

After this expiration, Kalborg continues to hold several option grants on KIDOZ common stock: 50,000 options at about US$0.39 per share expiring on February 1, 2027, 50,000 at about US$0.22 expiring on February 21, 2028, 231,250 at US$0.147 expiring on March 25, 2029, and 50,000 at about US$0.18 expiring on August 21, 2030.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Kalborg Claes

Role Director

Type	Security	Shares	Price	Value
E	Employee Stock Option (Right to Buy)	50,000	$0.81	$41K
holding	Employee Stock Option (Right to Buy)	--	--	--
holding	Employee Stock Option (Right to Buy)	--	--	--
holding	Employee Stock Option (Right to Buy)	--	--	--
holding	Employee Stock Option (Right to Buy)	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 381,250 shares (Direct)

Footnotes (1)

1. Mr C. Kalborg 50,000 options in Kidoz Inc at CAD$1.02 (approximately US$0.81) expired unexercised. Mr. C. Kalborg was granted 50,000 stock options at CAD$0.50 (approximately US$0.39) on February 1, 2022. These options vest at 2% per month. Mr. C. Kalborg was granted 50,000 stock options at CAD$0.30 (Approximately US$0.22) on February 21, 2023. These options vest at 2% per month. Mr. C. Kalborg was granted 231,250 stock options at CAD$0.20 (US$0.147) on March 26, 2024. These options vest at 2 percent per month. Mr. C. Kalborg was granted 50,000 options of Kidoz Inc. with an exercise price of CAD$0.25 (approximately US$0.18) on August 21, 2025.

Key Figures

Options expired: 50,000 options Expired exercise price: US$0.81 per share Remaining options 2027: 50,000 underlying shares at ~US$0.39 +3 more

6 metrics

Options expired 50,000 options Employee stock options expired unexercised on April 6, 2026 at ~US$0.81

Expired exercise price US$0.81 per share Exercise price (CAD$1.02) for 50,000 options that expired

Remaining options 2027 50,000 underlying shares at ~US$0.39 Employee stock options expiring February 1, 2027

Remaining options 2028 50,000 underlying shares at ~US$0.22 Employee stock options expiring February 21, 2028

Remaining options 2029 231,250 underlying shares at US$0.147 Employee stock options expiring March 25, 2029

Remaining options 2030 50,000 underlying shares at ~US$0.18 Employee stock options expiring August 21, 2030

Key Terms

Employee Stock Option (Right to Buy), expiration of short derivative position, vest at 2% per month, underlying security

4 terms

Employee Stock Option (Right to Buy) financial

"security_title: "Employee Stock Option (Right to Buy)""

expiration of short derivative position financial

"transaction_action: "derivative expiration" with description "Expiration of short derivative position""

vest at 2% per month financial

"These options vest at 2% per month."

underlying security financial

"underlying_security_title: "Common Stock""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kalborg Claes

(Last) (First) (Middle)

TATTBYVAGEN 11

(Street)

SALTSJOBADEN 133 34

(City) (State) (Zip)

SWEDEN

(Country)

2. Issuer Name and Ticker or Trading Symbol
KIDOZ INC. [ KDOZF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[KDOZ]

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$0.81	04/06/2026	04/06/2026	E			50,000	04/06/2021	04/06/2026	Common Stock	50,000	$0.81(1)	381,250	D
Employee Stock Option (Right to Buy)	$0.39							02/01/2022	02/01/2027	Common Stock	50,000(2)		381,250	D
Employee Stock Option (Right to Buy)	$0.22							02/21/2023	02/21/2028	Common Stock	50,000(3)		381,250	D
Employee Stock Option (Right to Buy)	$0.147							03/26/2024	03/25/2029	Common Stock	231,250(4)		381,250	D
Employee Stock Option (Right to Buy)	$0.18							08/21/2025	08/21/2030	Common Stock	50,000(5)		381,250	D

Explanation of Responses:

1. Mr C. Kalborg 50,000 options in Kidoz Inc at CAD$1.02 (approximately US$0.81) expired unexercised.

2. Mr. C. Kalborg was granted 50,000 stock options at CAD$0.50 (approximately US$0.39) on February 1, 2022. These options vest at 2% per month.

3. Mr. C. Kalborg was granted 50,000 stock options at CAD$0.30 (Approximately US$0.22) on February 21, 2023. These options vest at 2% per month.

4. Mr. C. Kalborg was granted 231,250 stock options at CAD$0.20 (US$0.147) on March 26, 2024. These options vest at 2 percent per month.

5. Mr. C. Kalborg was granted 50,000 options of Kidoz Inc. with an exercise price of CAD$0.25 (approximately US$0.18) on August 21, 2025.

	/s/ C. Kalborg	04/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did KIDOZ (KDOZF) director Claes Kalborg report in this Form 4?

He reported that 50,000 employee stock options on KIDOZ common stock expired unexercised. These options had an exercise price of approximately US$0.81 per share and reached their expiration date on April 6, 2026, without being converted into common shares.

How many KIDOZ (KDOZF) options expired for Claes Kalborg and at what price?

A total of 50,000 employee stock options expired unexercised for Claes Kalborg. The options carried an exercise price of CAD$1.02, described as approximately US$0.81 per share, and were linked to KIDOZ INC. common stock as the underlying security.

Does Claes Kalborg still hold KIDOZ (KDOZF) stock options after this expiration?

Yes. After the expiration, he still holds several option grants: 50,000 underlying shares at about US$0.39, 50,000 at about US$0.22, 231,250 at US$0.147, and 50,000 at about US$0.18, all on KIDOZ common stock with future expiration dates.

What are the remaining KIDOZ (KDOZF) option strike prices and expirations for Claes Kalborg?

Remaining options include 50,000 underlying shares at about US$0.39 expiring February 1, 2027, 50,000 at about US$0.22 expiring February 21, 2028, 231,250 at US$0.147 expiring March 25, 2029, and 50,000 at about US$0.18 expiring August 21, 2030.

Were there any open-market share purchases or sales by Claes Kalborg in this KIDOZ Form 4?

No open-market share purchases or sales are shown. The filing records one derivative transaction where 50,000 employee stock options expired unexercised, plus updated holdings for several remaining option grants on KIDOZ INC. common stock.

What vesting terms are disclosed for Claes Kalborg’s KIDOZ (KDOZF) stock options?

Footnotes state that several option grants to Claes Kalborg, including awards made on February 1, 2022, February 21, 2023, and March 26, 2024, vest at a rate of 2% per month, gradually increasing the portion that becomes exercisable over time.