WidePoint (WYY) COO sells 10,000 shares, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WidePoint Corp COO Todd Dzyak reported an open-market sale of 10,000 shares of Common Stock at $15.00 per share. After this transaction, he directly holds 135,436 Common shares. He also holds a stock option to buy 9,714 Common shares at an exercise price of $1.82 per share, expiring on August 4, 2028. According to the disclosure, these options were granted under WidePoint’s Amended and Restated 2008 Stock Incentive Plan and are scheduled to vest in full on the third anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($150,000)
Net Sell
2 txns
Insider
Dzyak Todd
Role
COO
Sold
10,000 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $15.00 | $150K |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 135,436 shares (Direct, null);
Stock Option (right to buy) — 9,714 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Sale price: $15.00 per share
Shares held after sale: 135,436 shares
+3 more
6 metrics
Shares sold
10,000 shares
Open-market sale of Common Stock
Sale price
$15.00 per share
Price for 10,000 Common shares sold
Shares held after sale
135,436 shares
Direct Common Stock holdings post-transaction
Option exercise price
$1.82 per share
Stock option on Common Stock
Option underlying shares
9,714 shares
Common shares underlying stock option
Option expiration
August 4, 2028
Expiration date of stock option grant
Key Terms
Stock Option (right to buy), open-market sale, Amended and Restated 2008 Stock Incentive Plan
3 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Amended and Restated 2008 Stock Incentive Plan financial
"granted pursuant to the issuer's Amended and Restated 2008 Stock Incentive Plan"
FAQ
What insider transaction did WidePoint (WYY) report for COO Todd Dzyak?
WidePoint reported that COO Todd Dzyak sold 10,000 shares of Common Stock in an open-market transaction at $15.00 per share, while continuing to hold a substantial remaining equity position in the company.
What stock options does WidePoint (WYY) COO Todd Dzyak currently hold?
Todd Dzyak holds a stock option covering 9,714 shares of WidePoint Common Stock with a $1.82 exercise price. The option expires on August 4, 2028, and was granted under the company’s Amended and Restated 2008 Stock Incentive Plan.
When will Todd Dzyak’s WidePoint (WYY) stock options vest?
The filing states that Todd Dzyak’s stock options will vest in full on the third anniversary of the grant date. They were granted under WidePoint’s Amended and Restated 2008 Stock Incentive Plan, providing a future opportunity to acquire shares at $1.82.