Williams Jason Miles 4

What Happened Jason M. Williams, CEO of Kidoz Inc. (KDOZF), had a short derivative position — 50,000 stock options with an exercise price of CAD$0.50 (≈ US$0.39) — expire unexercised on February 1, 2026. The expiration is recorded as a disposition of the derivative and represents potential value of roughly $19,500 that was not realized. No shares were acquired in this transaction.

Key Details

• Transaction date: 2026-02-01 (filed 2026-02-06).
• Transaction type/code: Expiration of short derivative position (coded "E"); 50,000 options @ ≈ $0.39 = ≈ $19,500.
• Shares owned after transaction: Not specified in the filing excerpt.
• Notable footnotes:
  • F1 confirms the 50,000 options at CAD$0.50 expired unexercised.
  • F2–F6 list other outstanding option grants to Mr. Williams (grants at CAD$1.02, CAD$0.50, CAD$0.30, CAD$0.20, and CAD$0.25) with typical vesting at 2% per month for several grants.
• Filing timeliness: The Form 4 was filed on Feb 6 for a Feb 1 transaction; this appears later than the usual 2-business-day reporting window and is therefore likely late.

Context An option expiration means the derivative lapsed rather than being exercised or sold — no shares changed hands and no proceeds were received. The filing also documents multiple other option grants to the CEO with ongoing vesting schedules; those outstanding grants remain separate from this expired grant. Expirations like this are administrative outcomes and do not by themselves indicate a transfer of company stock or a market trade.