KIDOZ INC.·4

Mar 10, 2:29 PM ET

Williams Tryon M 4

Research Summary

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Kidoz (KDOZF) 10% Owner Tryon M. Williams Buys 2,000 Shares

What Happened

  • Tryon M. Williams, a 10% owner of Kidoz Inc. (KDOZF), purchased 2,000 shares on March 9, 2026 at roughly $0.23 per share, for a total of about $456. The Form 4 (filed March 10, 2026) reports this as a purchase (transaction code P), indicating an acquisition rather than a sale.

Key Details

  • Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-10)
  • Price: ~$0.23 per share; Total value: ~$456
  • Shares owned after transaction: Not disclosed in the filing
  • Notable footnotes from the filing:
    • F1: Purchase was at CAD$0.31 (~US$0.228) on March 9, 2026
    • F2–F5: Multiple outstanding option grants (50,000 @ CAD$1.02 on 4/6/2021; 150,000 @ CAD$0.50 on 4/1/2022; 50,000 @ CAD$0.30 on 2/21/2023; 168,750 @ CAD$0.20 on 3/26/2024) that vest at 2% per month
    • F6: 50,000 options granted on 8/21/2025 at CAD$0.25 (exercise price); vesting not detailed in this footnote
  • Filing timeliness: Report filed the day after the transaction (appears timely)

Context

  • This filing shows a small open-market/private purchase by a 10% owner. The transaction itself is modest in value ($456) but is a direct purchase rather than a sale. The filing also discloses multiple outstanding option grants to Mr. Williams with slow (2%/month) vesting schedules, which are separate from this share purchase and can affect future dilution and his economic exposure.