WidePoint (NYSE: WYY) COO sells 10,000 shares, retains 115,436
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 $24.00 per share. After this sale, he directly holds 115,436 Common shares. The filing also shows a stock option, granted under the Amended and Restated 2008 Stock Incentive Plan, to acquire 9,714 Common shares at an exercise price of $1.82 per share, expiring on August 4, 2028, which will vest in full on the third anniversary of its grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($240,000)
Net Sell
2 txns
Insider
Dzyak Todd
Role
COO
Sold
10,000 shs ($240K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $24.00 | $240K |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 115,436 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: $24.00 per share
Shares held after sale: 115,436 shares
+3 more
6 metrics
Shares sold
10,000 shares
Open-market sale of Common Stock
Sale price
$24.00 per share
Price for 10,000-share Common Stock sale
Shares held after sale
115,436 shares
Direct Common Stock holdings post-transaction
Option exercise price
$1.82 per share
Stock option to buy Common Stock
Option underlying shares
9,714 shares
Underlying Common Stock for option holding
Option expiration
August 4, 2028
Expiration date of stock option grant
Key Terms
Stock Option (right to buy), Common Stock, Amended and Restated 2008 Stock Incentive Plan, open-market sale
4 terms
Stock Option (right to buy) financial
"The filing lists a "Stock Option (right to buy)" as a derivative holding."
Common Stock financial
"The reported sale involved 10,000 shares of Common Stock at $24.00."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Amended and Restated 2008 Stock Incentive Plan financial
"The stock options were granted under the Amended and Restated 2008 Stock Incentive Plan."
open-market sale financial
"The 10,000-share transaction is classified as an 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.
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 $24.00 per share. This Form 4 filing also updates his remaining equity holdings and option position with the company.
What stock options does the WidePoint (WYY) COO hold according to this filing?
The filing shows a stock option to acquire 9,714 shares of WidePoint Common Stock at an exercise price of $1.82 per share. These options expire on August 4, 2028 and will vest in full on the third anniversary of the grant date.
Under which plan were the WidePoint (WYY) COO’s stock options granted?
The stock options were granted under WidePoint’s Amended and Restated 2008 Stock Incentive Plan. According to the footnote, the options will vest in full on the third anniversary of the grant date, reflecting a standard long-term incentive structure.
Does the WidePoint (WYY) Form 4 show any option exercises by the COO?
The Form 4 lists the stock option as a holding with an exercise price of $1.82 and expiration in 2028 but shows zero derivative exercises. The transaction summary reports no option exercises, only the sale of 10,000 Common shares.