Form 4: WidePoint COO Todd Dzyak Reports Changes in Beneficial Ownership
SEC Form 4 Filing
WidePoint Corporation's COO, Todd Dzyak, reports a transaction involving common stock due to tax obligations, and holds options to purchase 9,714 shares.
Summary
- This Form 4 filing reports changes in beneficial ownership for Todd Dzyak, COO of WidePoint Corporation.
- On March 27, 2025, Dzyak disposed of 1,035 shares of common stock at a price of $3.53 per share to cover tax obligations.
- Following the transaction, Dzyak directly owns 151,499 shares of WidePoint Corporation.
- Dzyak also holds options to purchase 9,714 shares of common stock at an exercise price of $1.82, which vest on August 4, 2028.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction by an insider to cover tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares disposed of by an insider to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/04/2028 | Stock options vest in full |
| 03/27/2025 | Date of transaction where 1,035 shares were disposed of |
| 03/31/2025 | Date of signature for the report |
Keywords
Form 4, Beneficial Ownership, WidePoint Corporation, Todd Dzyak, WYY, Stock Options, Common Stock, Insider Trading
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