Omnitek Engineering Corp: Vice president and director Funk Werner sold 850,000 shares

What happened Funk Werner, vice president and director, had seven derivative positions expire on Sep 29, 2026, resulting in disposition of 850,000 shares at strike prices of $0.07, $0.12, $0.06, $0.04, $0.18, $0.01 and $0.02, for total reported proceeds of $57,455.

Key details

• Transactions (all Sep 29, 2026):
  • Expiration of long derivative position (H): 50,000 shares at $0.07, disposed, $3,300.
  • Expiration of long derivative position (H): 300,000 shares at $0.12, disposed, $34,650.
  • Expiration of short derivative position (E): 50,000 shares at $0.06, disposed, $2,920.
  • Expiration of long derivative position (H): 50,000 shares at $0.04, disposed, $1,985.
  • Expiration of long derivative position (H): 50,000 shares at $0.18, disposed, $9,000.
  • Expiration of long derivative position (H): 300,000 shares at $0.01, disposed, $4,500.
  • Expiration of long derivative position (H): 50,000 shares at $0.02, disposed, $1,100.
• Shares owned after the transaction: the filing does not report post-transaction holdings.
• Footnotes/plan/tax withholding: the filing does not report any 10b5-1 plan, tax withholding, or other footnotes for these transactions.
• Filing and period: Form filed Oct 5, 2026; period of report Sep 29, 2026.

Why it may matter The filing reports expiration of derivative positions that resulted in disposition of shares upon expiration. A filing does not show why the insider traded or why the company acted.