David Moshe 4
Research Summary
AI-generated summary
Kidoz (KDOZF) Director David Moshe — 50,000 Options Expire Unexercised
What Happened
David Moshe (Director) reported a derivative disposition: 50,000 stock options with an exercise price of CAD$1.02 (approximately US$0.81) expired unexercised on April 6, 2026. The filing records this as an expiration (transaction code E) and shows a notional amount of $40,500. This was not an open-market sale or a cash exercise — the options simply lapsed.
Key Details
- Transaction date: 2026-04-06 (Form 4 filed 2026-04-08).
- Transaction type/code: Expiration of derivative position (E) — 50,000 options expired unexercised.
- Exercise price (original): CAD$1.02 ≈ US$0.81; notional value shown: $40,500.
- Shares owned after transaction: Compass H.N.T Yazamut Ltd. holds 339,612 shares of Kidoz; Compass is 100% owned by David Moshe (footnote).
- Related footnotes: the expired options are described in F2; additional option grants to Mr. Moshe are listed (grants from 2022, 2023, 2024, and 2025 with varying strike prices and vesting schedules — see F3–F6).
- Filing timeliness: Form filed two days after the transaction (file date 2026-04-08 for a 2026-04-06 transaction).
Context
- An option expiry means the holder chose not to exercise rights to buy shares at the stated strike price; no shares were issued or sold and no cash changed hands from Kidoz in this transaction.
- The filing includes other outstanding option grants and vesting schedules for Mr. Moshe, which may affect future insider activity but are separate from this expired grant.
- This is a routine insider disclosure of a lapsed option rather than an active buy or sell; it should be interpreted as factual record-keeping, not a direct signal of confidence or concern.