STOCK TITAN

Restricted stock grant lifts WidePoint (NYSE: WYY) CEO equity stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WidePoint Corp executive Ian Sparling reported an equity compensation award and existing option holdings. He received a grant of 2,904 shares of Common Stock at no cost as a restricted stock award, increasing his direct holdings to 171,426 shares of Common Stock.

The restricted stock vests 100% on April 20, 2027, subject to continued service. Sparling also holds a stock option covering 9,714 shares of Common Stock with 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 Sparling Ian
Role CEO, Soft-Ex
Type Security Shares Price Value
Grant/Award Common Stock 2,904 $0.00 --
holding Stock Option (right to buy) -- -- --
Holdings After Transaction: Common Stock — 171,426 shares (Direct, null); Stock Option (right to buy) — 9,714 shares (Direct, null)
Footnotes (1)
  1. Restricted stock vests 100% on April 20, 2027, subject to continued service. The stock options were granted pursuant to the issuer's Amended and Restated 2008 Stock Incentive Plan and will vest in full at the third anniversary of the date of grant.
Restricted stock grant 2,904 shares Common Stock awarded at $0.00 per share
Common Stock holdings 171,426 shares Direct ownership after grant
Option exercise price $1.82 per share Stock option on Common Stock
Option underlying shares 9,714 shares Underlying Common Stock for option expiring August 4, 2028
Restricted stock financial
"Restricted stock vests 100% on April 20, 2027, subject to continued service."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Amended and Restated 2008 Stock Incentive Plan financial
"The stock options were granted pursuant to the issuer's Amended and Restated 2008 Stock Incentive Plan"
SEC Form 4
FORM 4UNITED 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*
Sparling Ian

(Last)(First)(Middle)
C/O WIDEPOINT CORPORATION
11250 WAPLES MILL ROAD, SUITE 210

(Street)
FAIRFAX VIRGINIA 22030

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WIDEPOINT CORP [ WYY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO, Soft-Ex
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/20/2026A2,904A(1)171,426D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$1.82 (2)08/04/2028Common Stock9,7149,714D
Explanation of Responses:
1. Restricted stock vests 100% on April 20, 2027, subject to continued service.
2. The stock options were granted pursuant to the issuer's Amended and Restated 2008 Stock Incentive Plan and will vest in full at the third anniversary of the date of grant.
/s/ Ian Sparling04/21/2026
** Signature of Reporting PersonDate
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 insider transaction did WYY executive Ian Sparling report on this Form 4?

Ian Sparling reported receiving a grant of 2,904 shares of Common Stock as an equity award. The shares were granted at no cash cost and classified as restricted stock, providing compensation linked to his continued service with WidePoint Corp.

How many WidePoint (WYY) shares does Ian Sparling hold after this grant?

After the reported grant, Ian Sparling directly holds 171,426 shares of WidePoint Common Stock. This total includes the newly awarded 2,904 restricted shares, reflecting his updated equity position as an executive of the company.

When do Ian Sparling’s newly granted WYY restricted shares vest?

The 2,904 restricted shares granted to Ian Sparling vest 100% on April 20, 2027. Vesting is conditioned on his continued service, meaning he must remain with the company through that date to receive the full benefit.

Is Ian Sparling’s WYY Form 4 transaction an open-market purchase or a grant?

The Form 4 reflects a grant of 2,904 restricted shares to Ian Sparling, not an open-market purchase. The transaction code indicates a grant or award, and the reported price per share is zero, consistent with stock-based compensation.