Ben Tora Eldad 4

What Happened

• Ben Tora Eldad, President & General Manager EM and a director of KIDOZ Inc. (KDOZF), reported the expiration of a short derivative position: 50,000 stock options with an exercise price of CAD$0.50 (approx. US$0.39) expired unexercised on February 1, 2026. The filing records this derivative disposition with a notional value of $19,500.
• This was not a purchase of shares nor a sale of existing common stock — it was an option expiration (the right to buy these shares lapsed).

Key Details

• Transaction date: 2026-02-01. Report filed: 2026-02-06 (filing covers the Feb 1 transaction).
• Option details: 50,000 options at CAD$0.50 (~US$0.39) expired unexercised (footnote F1).
• Reported value on the Form 4: $19,500 (derivative disposition reported at the option strike equivalent).
• Shares owned after transaction: the filing does not report a change in common-share holdings; this event removed the right to acquire up to 50,000 shares under that specific option grant.
• Notable footnotes from the filing:
  • F1: The 50,000 options at CAD$0.50 expired unexercised.
  • F2–F6: The insider holds/was granted multiple other option tranches (grants from 2021, 2022, 2023, 2024 and a larger 270,000‑option grant at CAD$0.25 on Aug 21, 2025) with various vesting schedules (many vest at 2% per month).
• Timeliness: filing date is Feb 6, 2026 for the Feb 1 transaction; investors should note the filing date and verify timeliness relative to SEC reporting rules.

Context

• An option expiration is a routine corporate/compensation event and does not represent an open‑market sale or purchase of shares. It simply means the option holder did not exercise the right to buy at the stated strike before expiry.
• Purchases by insiders typically carry more informational weight than expirations; this filing indicates no additional shares were acquired and one set of option rights lapsed. The insider still appears to have other outstanding option grants per the footnotes.