Curtis Fiona Mary 4

What Happened
Fiona Curtis, a director of Kidoz Inc. (KDOZF), had 50,000 stock options expire unexercised on February 1, 2026. The options carried an approximate U.S. value of $0.39 per option (exercise price CAD$0.50), representing a derivative disposition valued at about $19,500. This was an expiration of a derivative position (code E), not a sale of underlying common shares.

Key Details

• Transaction date: 2026-02-01; Form 4 filed: 2026-02-06.
• Transaction type/code: Expiration of short derivative position (E) — derivative disposed.
• Quantity & price: 50,000 options at approx. US$0.39 each (exercise CAD$0.50), total derivative value ≈ $19,500.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Relevant footnotes: F1 confirms the 50,000 options expired unexercised. Other footnotes list multiple option grants to Ms. Curtis (grant dates, sizes and exercise prices) with 2% monthly vesting schedules for several grants; a 50,000-option grant at CAD$0.25 was issued Aug 21, 2025 (F6).
• Filing timeliness: Form filed Feb 6, 2026 — several days after the Feb 1 transaction; the filing does not in itself explain any delay.

Context
An option expiration means the right to buy shares under that option lapsed; no shares were issued or sold and no cash changed hands in this transaction. Expirations reduce potential future dilution but are not direct indicators of buying or selling intent in company stock. The filing also shows Ms. Curtis holds (or held) multiple other option grants with various strike prices and vesting schedules.