WidePoint (WYY) CEO adds 2,904 restricted shares and holds options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WIDEPOINT CORP CEO Jin Kang reported a compensation-related stock grant. He received 2,904 shares of Common Stock as a restricted stock award at $0.00 per share, increasing his direct holdings to 649,481 Common shares.
The restricted stock vests 100% on April 20, 2027, subject to continued service. Kang also holds a stock option to purchase 9,714 shares of Common Stock at an exercise price of $1.82 per share, expiring on August 4, 2028, which remains unexercised in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kang Jin
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,904 | $0.00 | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 649,481 shares (Direct, null);
Stock Option (right to buy) — 9,714 shares (Direct, null)
Footnotes (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.
Key Figures
Restricted stock grant: 2,904 shares
Grant price: $0.00 per share
Shares owned after grant: 649,481 shares
+4 more
7 metrics
Restricted stock grant
2,904 shares
Common Stock award on April 20, 2026
Grant price
$0.00 per share
Price for 2,904 restricted shares
Shares owned after grant
649,481 shares
Total direct Common Stock holdings after transaction
Option underlying shares
9,714 shares
Common Stock underlying stock option holding
Option exercise price
$1.82 per share
Exercise price for stock option
Restricted stock vest date
April 20, 2027
100% vesting date subject to continued service
Option expiration date
August 4, 2028
Expiration of stock option (right to buy)
Key Terms
Restricted stock, Stock Option (right to buy, Amended and Restated 2008 Stock Incentive Plan, Grant, award, or other acquisition, +1 more
5 terms
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
"granted pursuant to the issuer's Amended and Restated 2008 Stock Incentive Plan"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Common Stock financial
"underlying_security_title": "Common Stock"
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.
FAQ
What insider transaction did WidePoint (WYY) CEO Jin Kang report?
CEO Jin Kang reported receiving 2,904 shares of WidePoint Common Stock as a restricted stock award at no cost. This compensation grant increased his direct ownership to 649,481 Common shares, without any open-market buying or selling reported in this filing.
What stock options does Jin Kang hold in WidePoint according to this filing?
Jin Kang holds a stock option covering 9,714 shares of WidePoint Common Stock with a $1.82 exercise price. These options expire on August 4, 2028 and were granted under the Amended and Restated 2008 Stock Incentive Plan.
Was Jin Kang’s WidePoint stock grant part of an incentive plan?
Yes. The stock options referenced were granted under WidePoint’s Amended and Restated 2008 Stock Incentive Plan. The restricted stock award and options represent compensation designed to align executive interests with shareholders over time.