Form 4: WidePoint EVP Jason Holloway Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jason Holloway, EVP and Chief Sales and Market Officer of WidePoint Corporation, reports a transaction involving common stock due to tax withholding and option holdings.
Summary
- On March 27, 2025, Jason Holloway, EVP and Chief Sales and Market Officer of WidePoint Corporation, reported a transaction involving WidePoint's common stock.
- 865 shares were disposed of at a price of $3.53 due to tax withholding.
- Following the transaction, Holloway directly owns 200,320 shares of common stock.
- Holloway also indirectly owns 85,100 shares held in trust.
- Holloway also owns options to buy 9,714 shares of common stock at an exercise price of $1.82, which vest on August 4, 2028.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document is a standard SEC filing reporting a routine transaction for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of for tax purposes.
- The filing provides transparency to stakeholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/04/2028 | Date stock options vest in full |
| 03/27/2025 | Date of transaction (disposal of shares for tax withholding) |
| 03/31/2025 | Date of signature on the Form 4 filing |
Keywords
beneficial ownership, Form 4, WidePoint, WYY, Jason Holloway, stock options, common stock, securities
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