Beaty Robert Matthew 4

What Happened

• Robert Matthew Beaty, a director of KonaTel, reported a disposition of 25,000 derivative securities on 2026-05-11 at $0.66 per unit, listed with a total value of $16,500. The filing identifies these instruments as options granted under the company’s Incentive Stock Option Plan and notes they expired unexercised.

Key Details

• Transaction date: 2026-05-11; filing date: 2026-05-12 (filed next day, appears timely).
• Reported transaction: 25,000 derivative securities disposed at $0.66 each; total reported $16,500. Transaction code: J (other acquisition or disposition).
• Footnotes: F1 — options were originally granted under the Incentive Stock Option Plan; F2 — those options expired unexercised.
• Shares/derivatives owned after transaction: not specified in the provided excerpt.
• This was a derivative-event (options expiration/cancellation), not an open-market sale of company stock.

Context

• Because the filing indicates the options expired unexercised, this report reflects the lapse/ disposition of option rights rather than a sale of underlying shares for cash. Such expirations are generally administrative and do not, by themselves, convey a clear insider opinion on the stock. Purchases or open-market sales of common shares typically provide more direct signals about insider sentiment.