David Moshe 4

What Happened
David Moshe, a director of KIDOZ Inc. (KDOZF), allowed 50,000 stock options with an exercise price of CAD$0.50 (approx. US$0.39) to expire unexercised on February 1, 2026. The filing reports this as the expiration of a short derivative position (code E) and a derivative disposition valued at $19,500. This was not a share sale or purchase—no company shares changed hands.

Key Details

• Transaction date: February 1, 2026; Form 4 filed February 6, 2026 (compare dates if you track filing timeliness).
• Instrument and amount: 50,000 options at CAD$0.50 (~US$0.39) expired unexercised; reported derivative disposition value $19,500.
• Shares owned after transaction: Compass H.N.T Yazamut Ltd. (100% owned by Mr. Moshe) holds 339,612 shares of KIDOZ — Mr. Moshe’s beneficial share ownership was unchanged by this expiration (see footnote F1).
• Notable footnotes: F2 confirms the 50,000 options expired unexercised. Additional option grants to Mr. Moshe remain outstanding with various exercise prices and vesting schedules (see F3–F7), including 270,000 options at CAD$0.25 granted Aug 21, 2025 (F7).
• Transaction code: E = expiration of short derivative position (options expired).

Context
An expired option is simply a lost opportunity to buy shares at the listed strike price and reduces potential future dilution from that specific grant; it does not involve selling owned shares. The filing lists other outstanding option grants to Mr. Moshe with staggered vesting, which remain relevant to possible future dilution. As always, filings showing expirations are informational—no direct buy/sell signal is implied.