|4Feb 12, 1:19 PM ET

Beaty Robert Matthew 4

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KonaTel (KTEL) Director Robert Beaty Lets 25,000 Options Expire

What Happened

  • Robert Matthew Beaty, a director of KonaTel, reported a derivative disposition on 2026-02-11: 25,000 option shares at $0.44 per share, reported value $11,000. The filing indicates these were options granted under the company’s Incentive Stock Option Plan and they expired unexercised.

Key Details

  • Transaction date: 2026-02-11; Report filed: 2026-02-12 (timely).
  • Reported amount: 25,000 derivative shares at $0.44 each; total reported value $11,000.
  • Nature of transaction: Code J — “Other acquisition or disposition”; footnotes state these options expired unexercised.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 — options were granted under company plan; F2 — options expired unexercised.

Context

  • This was a lapse of stock options (they expired unexercised), not an open-market sale or purchase of company stock. No shares were issued and no cash proceeds were received from the company as a result of these expiring options. For retail investors, expirations are generally routine and do not signal an insider purchase or sale of existing shares.