HOLLOWAY JASON 4
Research Summary
AI-generated summary
WidePoint (WYY) EVP Jason Holloway Sells Shares
What Happened
- Jason Holloway, EVP and Chief Sales and Market of WidePoint Corp (WYY), reported open‑market sales on 2026-06-26. He disposed of a total of 181,740 shares across multiple transactions for aggregate proceeds of about $3,135,822 (≈ $3.14M).
- Reported line items: 100,010 shares at $16.20 ($1,620,162), 6,000 shares at $17.20 ($103,200), 75,621 shares at $18.65 ($1,410,332), and 109 shares at $19.52 ($2,128). All transactions are coded S (sale).
Key Details
- Transaction date: 2026-06-26 (filed on 2026-06-29).
- Total shares sold: 181,740; total reported proceeds: ~$3,135,822.
- Reported per-lot breakdown: 100,010 @ $16.20; 6,000 @ $17.20; 75,621 @ $18.65; 109 @ $19.52.
- Footnotes: F1 and F2 state the reported prices are weighted averages and that the shares were sold in multiple trades at prices within specified ranges (F1: $16.04–$17.03; F2: $18.50–$19.50). The reporter offers to provide detailed per‑price breakdowns on request. F3 references option grant vesting terms (not directly tied to these sales).
- Filing timeliness: Reported on 2026-06-29 for 2026-06-26 transactions — filed within the typical Form 4 deadline (timely).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- These were outright sales (dispositions). Sales by insiders can be routine (diversification, liquidity, tax planning) and do not by themselves indicate company prospects; purchases are typically a stronger signal of insider bullishness.
- No indication in the provided filing that these were option exercises, gifts, or part of a 10b5‑1 plan; the filing notes only open‑market sales.