Form 4: WidePoint COO Dzyak Reports Stock Transaction
Insider Transaction Report
WidePoint's COO, Todd Dzyak, reported a disposition of 5,957 common shares for tax liability and updated his beneficial ownership.
Summary
- Todd Dzyak, Chief Operating Officer (COO) of WidePoint Corp (WYY), reported a transaction on January 8, 2026.
- The transaction involved the disposition of 5,957 shares of Common Stock at a price of $5.37 per share.
- This disposition was made to satisfy tax withholding obligations related to the vesting of a security (Transaction Code F).
- Following this transaction, Mr. Dzyak beneficially owns 142,532 shares of Common Stock.
- Mr. Dzyak also holds stock options for 9,714 shares of Common Stock with an exercise price of $1.82.
- These stock options were granted under the issuer's Amended and Restated 2008 Stock Incentive Plan and will vest in full at the third anniversary of their grant date, with an expiration date of August 4, 2028.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax purposes, which is neutral in sentiment regarding the company's operational or financial performance.
Positives
- The reporting person continues to hold a significant number of common shares (142,532) and stock options (9,714), indicating continued alignment with shareholder interests.
Future Outlook
This Form 4 filing is a factual report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.
Related Party Transactions
- The disposition of 5,957 shares was made to the issuer to satisfy tax withholding obligations, which is a standard transaction type (Code F) between an insider and the company.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, tax-related disposition by an executive, not a discretionary sale indicating a change in confidence.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 01/08/2026 | Date of reported disposition of common stock for tax liability. |
| 08/04/2028 | Expiration date of stock options held by the reporting person. |
Keywords
WIDEPOINT CORP, WYY, Form 4, insider transaction, stock disposition, COO, Todd Dzyak, beneficial ownership, stock options, tax withholding
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