Bromley Henry Walford 4

What Happened

• Henry W. Bromley, Chief Financial Officer of Kidoz Inc. (KDOZF), reported the expiration of a short derivative position: 50,000 stock options with an exercise price of CAD$0.50 (approximately US$0.39) expired unexercised on February 1, 2026. The filing shows a notional amount of $19,500 (50,000 × ~$0.39). This was an expiration of options, not an open‑market sale or purchase, so no cash proceeds were received by the insider and no shares were issued.

Key Details

• Transaction date: February 1, 2026 (reported on Form 4 filed Feb 6, 2026).
• Transaction type/code: Expiration of short derivative position (E) — options expired unexercised.
• Options expired: 50,000 at CAD$0.50 (~US$0.39); notional strike value shown $19,500.
• Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
• Filing timeliness: Form 4 filed on Feb 6, 2026 (five days after the transaction), which appears late relative to the SEC’s typical 2-business-day filing requirement for insiders.
• Relevant footnotes: F1 confirms the 50,000 options at CAD$0.50 expired unexercised. Additional footnotes (F2–F6) show Mr. Bromley holds other option grants at various strikes and grant dates (CAD$1.02, CAD$0.50, CAD$0.30, CAD$0.20, CAD$0.25) with monthly vesting schedules.

Context

• An option expiration means the right to buy shares lapsed; it does not involve a sale of existing shares or indicate a cash transaction for the insider. Expirations are often routine when the exercise price is above the market price, but filings do not state the reason.
• Mr. Bromley still has several other option grants outstanding (see footnotes F2–F6) with varying exercise prices and vesting; the expiration reduced his pool of potential future options by 50,000.