---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-000019"
form_type: "8-K"
ticker: "WYTC"
cik: "0001560143"
company_name: "WYTEC INTERNATIONAL INC"
filed_at: "2022-01-03T23:59:59+00:00"
generated_at: "2026-06-27T21:22:20.599942+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CEO Gray exchanges 1,000 Series C Preferred for 3M common shares; adds two independent directors

## Summary
- CEO William H. Gray exchanged 1,000 Series C Preferred shares for 3,000,000 shares of common stock effective Dec 29, 2021.
- All Series C Preferred shares were cancelled; the common shares are unregistered and subject to Rule 144 restrictions.
- Christopher Stuart and Dr. Sam Khoury appointed as independent directors effective Dec 30, 2021; Stuart chairs compensation, Khoury chairs governance.
- No compensation arrangements have been established for the new directors or their committee service.

## SEC filing metadata
- accession: 0001683168-22-000019
- form_type: 8-K
- ticker: WYTC
- cik: 0001560143
- company_name: WYTEC INTERNATIONAL INC
- filed_at: 2022-01-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560143/000168316822000019/0001683168-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560143/000168316822000019/wytec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-000019
- JSON: https://secwatch.observer/filing/0001683168-22-000019.json
- Plain text: https://secwatch.observer/filing/0001683168-22-000019.txt

## Key facts
- Executive change
  Sam Khoury was appointed as Director at WYTEC INTERNATIONAL INC.
  - Action: appointed
  - Role: Director
  source text: On December 30, 2021, Mr. Christopher Stuart and Dr. Sam Khoury were appointed as directors of Wytec, effective December 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560143/000168316822000019/0001683168-22-000019-index.htm
- Executive change
  Christopher Stuart was appointed as Director at WYTEC INTERNATIONAL INC.
  - Action: appointed
  - Role: Director
  source text: On December 30, 2021, Mr. Christopher Stuart and Dr. Sam Khoury were appointed as directors of Wytec, effective December 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560143/000168316822000019/0001683168-22-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.