Form 4: Kidoz director reports option expiry, holdings

Kidoz Inc. director David Moshe reported the expiration of 50,000 stock options and disclosed direct and indirect shareholdings plus 445,000 options outstanding.

Summary

• Director David Moshe reported that 50,000 stock options with an exercise price of approximately US$0.39 (CAD$0.50) expired unexercised on 02/01/2026.
• Following the transaction, beneficial ownership stands at 543,379 common shares held directly and 339,612 common shares held indirectly through Compass H.N.T Yazamut Ltd. (100% owned by Moshe).
• Outstanding derivative holdings total 445,000 stock options across multiple grants with strike prices approximately US$0.147–US$0.813 and expirations from 04/06/2026 through 08/21/2030.
• Outstanding option grants include: 50,000 at ~US$0.813 (granted 04/06/2021; exp. 04/06/2026; vesting 2% per month), 50,000 at ~US$0.39 (granted 02/01/2022; exp. 02/01/2027; vesting 2% per month), 50,000 at ~US$0.22 (granted 02/21/2023; exp. 02/21/2028; vesting 2% per month), 25,000 at US$0.147 (granted 03/26/2024; exp. 03/25/2029; vesting 2% per month), and 270,000 at ~US$0.18 (granted 08/21/2025; exp. 08/21/2030).
• Indirect ownership disclosure: 339,612 Kidoz Inc. shares held via Compass H.N.T Yazamut Ltd., wholly owned by Moshe.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral housekeeping update: a modest option expiration with transparent disclosure of remaining equity interests.

Positives

• Option overhang reduced as 50,000 options at approximately US$0.39 (CAD$0.50) expired unexercised on 02/01/2026.
• Clear disclosure of holdings: 543,379 shares directly and 339,612 shares indirectly through a wholly owned entity.
• 445,000 options remain outstanding with multi-year expirations (2026–2030) and time-based vesting at 2% per month on specified grants, aligning incentives over time.

Negatives

• Unexercised expiry of 50,000 options indicates no recent exercise activity at the ~US$0.39 strike.
• Significant insider ownership concentration: 543,379 shares directly plus 339,612 shares indirectly, alongside 445,000 outstanding options.

Future Outlook

NA

Industry Context

StockSavvy.ai notes this is a routine insider ownership update with an option expiration; such filings are common across micro-cap digital media/adtech firms and typically carry limited implications for operating performance.

Comparison to Industry Standards

• The scale and structure of the option grants (time-based vesting at 2% per month and 4–5+ year terms) are consistent with micro-cap tech and digital advertising peers.
• Total outstanding options of 445,000 for a director and expiries extending to 2030 align with common small-cap governance practices aimed at multi-year alignment.
• Use of both direct and indirect ownership via a wholly owned entity is a standard disclosure approach seen across similar issuers.

Related Party Transactions

• Indirect ownership of 339,612 Kidoz Inc. shares via Compass H.N.T Yazamut Ltd., which is 100% owned by the reporting person.

Stakeholder Impact

• Expiration of 50,000 options reduces potential future dilution marginally.
• Remaining 445,000 options outstanding represent potential future dilution if exercised.
• No changes to common share count from this event; no exercise-related cash inflow to the company.

Next Steps

• Monitor upcoming option expirations on 04/06/2026, 02/01/2027, 02/21/2028, 03/25/2029, and 08/21/2030 for potential exercises or expirations.

Key Dates

Keywords

Kidoz Inc., KDOZF, Form 4, insider transaction, beneficial ownership, stock options, option expiration, director, Compass H.N.T Yazamut Ltd., vesting