Form 4: KIDOZ CEO Williams Reports Option Expiration

Sentiment:

Insider Transaction Report 6 February 2026 6:24 PM

KIDOZ Inc. CEO Jason Miles Williams filed a Form 4 detailing the expiration of 50,000 unexercised stock options and his current beneficial ownership.

Worse than expected50,000 employee stock options expired unexercised, indicating that the market price of KIDOZ Inc. common stock was likely below the exercise price of US$0.39 (CAD$0.50) at the time of expiration, resulting in a loss of potential value for the option holder.

Summary

Jason Miles Williams, Chief Executive Officer and Director of KIDOZ Inc. (KDOZF), filed a Form 4 statement of changes in beneficial ownership.
The filing reports direct beneficial ownership of 908,200 shares of KIDOZ Inc. Common Stock.
50,000 employee stock options with an exercise price of approximately US$0.39 (CAD$0.50) expired unexercised on February 1, 2026.
Mr. Williams continues to beneficially own 468,750 derivative securities (employee stock options) from various grants with different exercise prices and vesting schedules.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this filing as slightly negative due to the expiration of a block of options unexercised, suggesting the stock price did not reach the exercise threshold. However, it is a routine insider transaction report and the executive retains significant other options and common stock.

Positives

Reporting Person Jason Miles Williams holds 908,200 shares of Common Stock directly, indicating significant personal investment.
Reporting Person holds 468,750 unexercised employee stock options, aligning management's long-term interests with shareholder value creation.

Negatives

50,000 employee stock options with an exercise price of approximately US$0.39 (CAD$0.50) expired unexercised on February 1, 2026, suggesting the stock price was below this threshold at expiration.

Future Outlook

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insiders, providing transparency into their holdings and transactions. The expiration of unexercised options can indicate that the company's stock price has not met certain thresholds, which is a common occurrence in volatile markets or for companies undergoing growth phases.

Stakeholder Impact

Shareholders: Provides transparency regarding the CEO's holdings and option activity. The expiration of options might be interpreted as a minor negative signal regarding past stock performance relative to the strike price.
Management: The CEO experienced a loss of potential value from the expired options but maintains significant incentive alignment through remaining unexercised options and direct share ownership.

Key Dates

Date	Description
02/01/2021	Date exercisable for 50,000 employee stock options that expired on 02/01/2026.
04/06/2021	Grant date for 50,000 stock options with an exercise price of US$0.81 (CAD$1.02).
02/01/2022	Grant date for 150,000 stock options with an exercise price of US$0.39 (CAD$0.50).
02/21/2023	Grant date for 50,000 stock options with an exercise price of US$0.22 (CAD$0.30).
03/26/2024	Grant date for 168,750 stock options with an exercise price of US$0.147 (CAD$0.20).
08/21/2025	Grant date for 50,000 stock options with an exercise price of US$0.18 (CAD$0.25).
02/01/2026	Date of earliest transaction, specifically the expiration of 50,000 employee stock options.
02/06/2026	Signature date of the Reporting Person, Jason Miles Williams.

Recommendation

hold

The filing is a routine insider transaction report detailing the expiration of some stock options and the reporting person's current holdings. It does not provide new fundamental information about the company's operations or future prospects that would warrant a change in investment stance. The expiration of options suggests the stock price was below the strike, which is a minor negative, but the overall impact on the company's valuation is minimal.

Keywords

KIDOZ Inc., KDOZF, Form 4, insider transaction, beneficial ownership, stock options, CEO, director

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