GRAY WILLIAM HENRY 4
Research Summary
AI-generated summary
WYTC 10% Owner William H. Gray Receives Multiple Share Awards
What Happened
- William H. Gray, listed as a 10% owner of Wytec International Inc. (WYTC), received multiple equity awards (transaction code A) between 2025-10-10 and 2026-03-05. The filings show a total of 5,450 shares acquired through grants/awards, valued at roughly $21,648. The largest single grant was 3,750 shares at $5.00 on 2026-03-05 (≈ $18,750).
Key Details
- Individual award transactions reported:
- 2026-03-05: 3,750 shares @ $5.00 = $18,750
- 2026-03-04: 250 shares @ $1.80 = $450
- 2026-02-11: 200 shares @ $1.70 = $340
- 2026-02-09: 200 shares @ $1.70 = $340
- 2026-02-09: 100 shares @ $1.62 = $162
- 2026-02-03: 250 shares @ $1.70 = $425
- 2025-12-31: 100 shares @ $1.80 = $180
- 2025-12-31: 100 shares @ $1.75 = $175
- 2025-12-31: 100 shares @ $1.74 = $174
- 2025-12-01: 100 shares @ $2.18 = $218
- 2025-10-14: 200 shares @ $1.50 = $300
- 2025-10-10: 100 shares @ $1.34 = $134
- Total: 5,450 shares acquired; aggregate value ≈ $21,648.
- Shares owned after these transactions: not specified in the provided Form 4 data.
- No footnotes in the provided summary indicating a 10b5-1 plan, tax withholding, or cashless exercise.
- Filing date (2026-03-06) reports transactions going back to Oct 2025; these awards appear to have been reported late, which reduces the timeliness of disclosure.
Context
- Transaction code A denotes grants/awards (an acquisition), not an open-market purchase or a sale. Acquisitions can be interpreted as an increase in insider ownership but do not by themselves indicate intent or future company performance.
- As a 10% owner, Gray is a significant shareholder (not necessarily an operating executive); dealings by large owners are treated differently than routine executive trading for control/ownership disclosures.
- Late filings do not change the fact of the acquisitions but reduce transparency for investors tracking insider activity.