WidePoint (WYY) executive Sparling sells 155,449 shares, keeps stock options
Rhea-AI Filing Summary
WidePoint Corp insider Ian Sparling, CEO of Soft-Ex, reported multiple open‑market sales of the company’s common stock. On June 26, 2026, he sold 42,949 shares at $19.50, 34,923 shares at $17.52, and 77,577 shares at $14.72, for total reported sales of 155,449 shares.
A footnote states that one group of shares was sold in multiple trades at prices ranging from $17.37 to $17.63 on a weighted‑average basis. Sparling also holds stock options with an exercise price of $1.82 per share, covering 9,714 underlying shares of common stock that remain outstanding and exercisable until August 4, 2028.
Positive
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Negative
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Insights
Insider executes sizeable net sale while retaining option exposure.
The reporting officer, Ian Sparling, carried out open‑market sales totaling 155,449 WidePoint common shares across several price levels on June 26, 2026. All reported transactions are coded as open‑market or private sales under transaction code S, which are discretionary trades.
A footnote clarifies that one sale line reflects a weighted‑average price with individual trades between $17.37 and $17.63. Sparling still holds stock options with a $1.82 exercise price over 9,714 underlying shares expiring on August 4, 2028, indicating continued economic exposure through derivatives despite the net share sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 77,577 | $14.72 | $1.14M |
| Sale | Common Stock | 34,923 | $17.52 | $612K |
| Sale | Common Stock | 42,949 | $19.50 | $838K |
| holding | Stock Option (right to buy) | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $17.37 to $17.63, inclusive. The Reporting Person undertakes to provide WidePoint Corporation (the "Company"), any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. 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.