secwatch.observer — SEC 8-K summary
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Issuer:     WIDEPOINT CORP (WYY)
CIK:        0001034760
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0001654954-22-000258
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WidePoint buys ~299,500 shares for $1.23M, adopts 10b5-1 plan for future repurchases
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- Purchased approx 299,500 shares (~$1.23M) as of Dec 31, 2021 under share repurchase program.
- Implemented Rule 10b5-1 trading plan to allow repurchases when company would otherwise be precluded.
- Plan administered by independent broker with preset price, volume, and timing restrictions.
- Approximately $3.77M remains available under the buyback authorization.
- CEO cites compelling stock value, improving fundamentals, and robust growth outlook for 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034760/000165495422000258/0001654954-22-000258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034760/000165495422000258/wyy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-000258

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer