Kang Jin 4
4 · WIDEPOINT CORP · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
WidePoint (WYY) CEO Kang Jin Receives 2,904-Share Restricted Award
What Happened
Kang Jin, CEO and director of WidePoint Corp (WYY), was granted 2,904 shares as a restricted stock award on April 20, 2026. No per-share price or total dollar value is reported for the award (price listed as N/A). This was an issuance/award (not a purchase or sale) — typically a retention/compensation grant rather than a market trade.
Key Details
- Transaction date: 2026-04-20; Form 4 filed 2026-04-21 (appears timely).
- Transaction type: Award/Grant (code A) — 2,904 restricted shares; price listed as N/A.
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Footnote F1: These restricted shares vest 100% on April 20, 2027, subject to continued service.
- Footnote F2: The filing also notes stock options were granted under the issuer’s stock incentive plan and vest in full on the third anniversary of grant (applies to options, not the restricted shares listed above).
- No indication this was a sale, exercise-for-cash, gift, or tax-withholding event.
Context
Restricted stock awards are commonly used to align executives’ interests with long-term company performance and to retain key personnel; they do not represent an immediate sale or cash realized by the insider. Because the award vests only after continued service, it signals a compensation/retention motive rather than a direct trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-20+2,904→ 649,481 total
- 9,714
Stock Option (right to buy)
[F2]Exercise: $1.82Exp: 2028-08-04→ Common Stock (9,714 underlying)
Footnotes (2)
- [F1]Restricted stock vests 100% on April 20, 2027, subject to continued service.
- [F2]The stock options were granted pursuant to the issuer's Amended and Restated 2008 Stock Incentive Plan and will vest in full at the third anniversary of the date of grant.