Ian Sparling, CEO of Soft-Ex at WidePoint Corporation, filed a Form 4 on September 21, 2026, reporting two transactions in common stock dated August 6, 2026, involving the exercise of stock options and a subsequent tax-withholding disposition.

Key Highlights

  • Option exercise: Sparling acquired 9,714 shares of common stock on August 6, 2026, via transaction code M at a price of $1.82 per share.
  • Shares withheld: 1,649 shares were disposed of on August 6, 2026, via transaction code F at a price of $10.72 per share.
  • Resulting ownership: Following both transactions, Sparling directly beneficially owns 24,042 shares of WidePoint common stock.
  • Options fully exercised: The 9,714 stock options carried a conversion price of $1.82 and an expiration date of August 4, 2028; after exercise, zero derivative securities remain beneficially owned.
  • Plan basis: According to the filing, the options were granted under the issuer's Amended and Restated 2008 Stock Incentive Plan and "vested in full at the third anniversary of the date of grant."

Ian Sparling's Option Exercise and Share Disposition at WidePoint Corp

The Form 4 filed with the SEC on September 21, 2026, covers transactions by Ian Sparling, identified in the filing as an officer with the title "CEO, Soft-Ex" at WidePoint Corporation (NYSE:WYY). The earliest reported transaction date is August 6, 2026. The filing was made by one reporting person and covers non-derivative and derivative securities activity on the same date.

In the non-derivative table, Sparling acquired 9,714 shares of common stock at $1.82 per share under transaction code M, bringing his total beneficially owned shares to 25,691 directly held. On the same date, 1,649 shares were disposed of under transaction code F at a price of $10.72 per share, reducing his directly held position to 24,042 shares. Transaction code F typically denotes payment of an exercise price or tax withholding, though the filing itself does not provide further narrative on the specific purpose of the disposition.

In the derivative securities table, the filing shows that 9,714 stock options with an exercise price of $1.82 and an expiration date of August 4, 2028, were exercised on September 6, 2026, under transaction code M, at a derivative security price of $0. Following the exercise, Sparling holds zero stock options. The filing states that the options were granted under the issuer's Amended and Restated 2008 Stock Incentive Plan and vested in full at the third anniversary of the date of grant.

What Was Disclosed

The filing reports two August 6, 2026 transactions by WidePoint officer Ian Sparling: the exercise of 9,714 stock options at $1.82 and the disposition of 1,649 shares at $10.72, leaving him with 24,042 directly held shares and no remaining stock options.