KonaTel director updates share and option holdings
KonaTel, Inc. director Robert Matthew Beaty filed a Form 4 that mainly updates his existing ownership rather than showing new market trades.
Rhea-AI Filing Summary
KonaTel, Inc. director Robert Matthew Beaty filed a Form 4 that mainly updates his existing ownership rather than showing new market trades. He reports holding 199,068 shares of Common Stock directly. The filing also details multiple option awards under the company’s Incentive Stock Option Plan with various exercise prices and expiration dates.
One option position for 25,000 shares at $0.6600 reached its May 11, 2026 expiration and expired unexercised, and a related 25,000-unit option entry is classified as an “other” restructuring transaction. After this, Beaty continues to hold several option grants, including blocks tied to 216,667 underlying shares at $0.4100 per share expiring in 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 25,000 shares
Other
17 txns
Insider
Beaty Robert Matthew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Option | 25,000 | $0.66 | $17K |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option — 1,925,000 contracts for 975,000 underlying shares (Direct);
Common Stock — 199,068 shares (Direct)
Footnotes (2)
- F1. Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan.
- F2. These options expired unexercised.
Key Figures
Common Stock held: 199,068 shares
Option restructuring size: 25,000 options
Expired option strike: $0.6600 per share
+4 more
7 metrics
Common Stock held
199,068 shares
Directly owned after transactions on May 11, 2026
Option restructuring size
25,000 options
J-code ‘other’ derivative transaction at $0.6600 exercise price
Expired option strike
$0.6600 per share
25,000-share option that expired unexercised on May 11, 2026
Low-strike options
$0.4100 per share
Multiple option grants with expirations on November 29, 2029
Underlying shares per major grant
216,667 shares
Common Stock underlying each of several $0.4100 options
Other option strikes
$0.8140–$1.9250 per share
Range of exercise prices on additional 25,000-share option blocks
Derivative restructuring shares
25,000 shares
restructuringShares reported in transactionSummary for J-code entry
Key Terms
Incentive Stock Option Plan, expiration date, exercise price, derivative transaction, +1 more
5 terms
Incentive Stock Option Plan financial
"Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan."
A plan that gives employees the right to buy company shares at a fixed price after a vesting period, often with special tax treatment if the shares are held long enough. For investors it matters because these options can motivate and retain staff by tying pay to company performance, but they also increase the number of shares outstanding over time and can dilute existing shareholders and affect reported earnings — think of them as employee coupons for future ownership.
expiration date financial
"Several option grants list an expiration date between 2026 and 2029."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
exercise price financial
"Each option block specifies an exercise price such as $0.4100 or $1.9250."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
derivative transaction financial
"One option entry is classified as a derivative transaction with code J."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did KonaTel (KTEL) director Robert Matthew Beaty report in this Form 4?
He reported his current holdings, including 199,068 Common Stock shares and multiple option grants. The filing mainly updates positions and does not show any open-market buys or sells of KonaTel stock.
What options on KonaTel (KTEL) stock are highlighted in Beaty’s Form 4 filing?
The filing lists several option grants, including positions with $0.4100 exercise prices expiring in 2029 and other grants between $0.8140 and $1.9250. Each block is tied to a specific number of underlying KonaTel common shares.
Which KonaTel (KTEL) options for Robert Matthew Beaty expired unexercised?
Footnotes state that certain options expired unexercised, including an option for 25,000 underlying shares at a $0.6600 exercise price that reached its May 11, 2026 expiration date without being exercised.
What is the ‘other’ derivative transaction in Robert Beaty’s KonaTel (KTEL) Form 4?
The Form 4 classifies one option entry for 25,000 units at a $0.6600 exercise price as an “other” derivative transaction, labeled as restructuring. This reflects an administrative change rather than a typical open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
