GEORGE ROBERT J 4

What Happened

• George Robert J, Chief Financial Officer of WidePoint Corporation (WYY), disposed of shares in two transactions. On 2026-05-29 he sold 10,000 shares in an open-market sale reported at a weighted average price of $10.59 for aggregate proceeds of $105,900 (footnote says the sale prices ranged $10.44–$10.88). On 2026-06-01 he disposed of 1,906 shares at $10.30 ($19,632) to satisfy an exercise price or tax liability (a withholding-type disposition). Combined cash value reported ≈ $125,532. These actions are disposals (sales/withholding), not purchases.

Key Details

• Transaction dates & prices:
  • 2026-05-29: Open-market sale (S) — 10,000 shares, weighted avg $10.59; actual sale prices ranged $10.44–$10.88 (F1).
  • 2026-06-01: Payment of exercise price / tax liability (F) — 1,906 shares @ $10.30.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: The $10.59 price is a weighted average; the filer can provide per-price breakdown on request.
  • F2: Related stock options were granted under the issuer’s Amended and Restated 2008 Stock Incentive Plan and vest in full on the third anniversary of the grant.
• Filing/timeliness: Form 4 was filed 2026-06-03. The May 29 sale appears to have been reported later than the typical 2-business-day Form 4 deadline (filed on June 3); the June 1 withholding disposition was reported within a 2-business-day window for that trade date.

Context

• The 1,906-share disposition is a tax/withholding event (F code) commonly used to cover tax obligations associated with option exercises or awards; these withheld-share transactions are administrative and do not necessarily signal sentiment about the company’s outlook. The open-market sale is a cash-generating disposal and, standing alone, is often routine (e.g., diversification or liquidity) rather than an explicit vote on company fundamentals. Retail investors should watch for patterns of repeated insider buying or selling and the insider’s remaining ownership to assess potential signals.