Accepted (ET)
5:10 PM
Sep 21, 2026
Filed
Sep 21, 2026
Documents
1
Size
8.2 KB
Summary
WidePoint (WYY) CFO George Robert J Exercises Options
What Happened
- George Robert J, Chief Financial Officer of WidePoint Corp (WYY), exercised 9,714 stock options on 2026-08-06. He paid $1.82 per share ($17,679 total) to exercise the options. To cover taxes/exercise obligations, 4,292 shares were withheld (reported as a disposition valued at $10.72 per share, $46,010), resulting in a net receipt of 5,422 shares.
- The filing shows a related M-coded conversion (derivative conversion) reported at $0, reflecting the conversion/settlement of the derivative security into common shares as part of the exercise.
Key Details
- Transaction date: 2026-08-06.
- Exercise: 9,714 shares @ $1.82 = $17,679 (code M).
- Withholding/payment: 4,292 shares @ $10.72 = $46,010 withheld to cover exercise price/taxes (code F).
- Net shares received: 9,714 − 4,292 = 5,422 shares.
- Footnote: Options were granted under the issuer’s Amended and Restated 2008 Stock Incentive Plan and vested in full on the third anniversary of the grant (per filing).
- Filing posted: 2026-09-21 for an 2026-08-06 transaction — appears to have been filed late relative to the typical 2-business-day Form 4 deadline.
Context
- This was an option exercise (a purchase of shares via exercising vested options). The withholding of 4,292 shares is a common cashless/net exercise method to cover taxes and/or exercise costs and does not necessarily indicate an outright sale on the open market.
- The filing does not state total post-transaction share ownership in the provided data.