Ben Tora Eldad 4

What Happened

• E. Ben Tora, President & General Manager EM and a director of Kidoz Inc. (KDOZF), had a short derivative position (stock options) that expired unexercised on April 6, 2026. The filing reports the expiration/disposition of 50,000 options with a strike of CAD$1.02 (≈US$0.81), reported as a $40,500 derivative disposition. This was an expiry of options, not a cash sale or market purchase.

Key Details

• Transaction date: April 6, 2026 (reported on Form 4 filed April 7, 2026).
• Transaction type/code: Expiration of short derivative position (E) — 50,000 options expired unexercised.
• Strike/price: CAD$1.02 (≈US$0.81); derivative value reported as $40,500.
• Shares owned after transaction: The filing does not report a change in common-share holdings; this action removed the listed derivative position.
• Filing timeliness: Filed the next day (Apr 7) for an Apr 6 transaction — not indicated as late.
• Notable footnotes: Footnote F1 confirms the 50,000 options expired unexercised. Additional outstanding option grants disclosed in the filing include:
  • 50,000 options at CAD$0.50 (≈US$0.39) granted Feb 1, 2022 (vests 2%/month) — F2
  • 50,000 options at CAD$0.30 (≈US$0.22) granted Feb 21, 2023 (vests 2%/month) — F3
  • 25,000 options at CAD$0.20 (≈US$0.147) granted Mar 26, 2024 (vests 2%/month) — F4
  • 270,000 options at CAD$0.25 (≈US$0.18) granted Aug 21, 2025 — F5

Context

• This filing documents an option expiry (derivative disposition), which generally indicates the option was out-of-the-money or otherwise not exercised by the holder; it is not a market sale of common stock. Expirations remove potential future upside from that specific grant but do not necessarily change current share ownership. Retail investors typically treat purchases/exercises followed by open-market buys as stronger signals than expirations.