Form 4: WidePoint EVP Jason Holloway Acquires Restricted Stock
Statement of Changes in Beneficial Ownership
WidePoint Corporation EVP Jason Holloway acquired 2,904 shares of common stock via a restricted stock grant.
Summary
- Jason Holloway, EVP and Chief Sales and Market Officer at WidePoint Corporation, acquired 2,904 shares of common stock on April 20, 2026.
- The shares were acquired as a restricted stock grant which vests 100% on April 20, 2027, contingent upon continued service.
- Following this transaction, the reporting person directly owns 197,470 shares of common stock.
- The reporting person also maintains an indirect holding of 85,100 shares held in a trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation practices.
Positives
- Increased equity alignment between the executive and shareholders through the receipt of restricted stock.
Negatives
- None identified in this filing.
Risks
- Vesting of the restricted stock is subject to continued service requirements.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on the disclosure of an equity transaction.
Industry Context
StockSavvy.ai notes that routine equity grants to executives are standard corporate governance practices intended to align management incentives with long-term shareholder value.
Comparison to Industry Standards
- The use of restricted stock units with multi-year vesting schedules is a standard compensation practice for executive officers in the technology and services sector.
Stakeholder Impact
- Increased alignment of interests between the EVP and shareholders.
Next Steps
- Vesting of the 2,904 restricted shares on April 20, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/20/2026 | Date of the restricted stock grant transaction. |
| 04/21/2026 | Date the Form 4 was signed and filed. |
| 04/20/2027 | Vesting date for the 2,904 restricted shares. |
Keywords
WidePoint, WYY, Form 4, Insider Trading, Restricted Stock, Executive Compensation
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