---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-006865"
form_type: "8-K"
ticker: "WYTC"
cik: "0001560143"
company_name: "WYTEC INTERNATIONAL INC"
filed_at: "2022-10-13T23:59:59+00:00"
generated_at: "2026-06-23T03:49:16.637586+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CEO Gray exchanges 1,000 Series C preferred for 3M shares; Stuart and affiliate convert notes into convertible debt

## Summary
- CEO William Gray exchanges all 1,000 Series C Preferred shares for 3,000,000 common shares (3:1 ratio).
- Director Christopher Stuart exchanges $385,658.67 in notes for a 9.5% convertible note due Dec 31, 2023.
- Eagle Rock Investments (Stuart affiliate) exchanges $320,242.46 in notes for a 9.5% convertible note due Dec 31, 2023.
- Convertible notes may auto-convert if Wytec lists on Nasdaq Capital Markets; otherwise convertible at $5/share with warrants.
- Shares and notes issued in unregistered transactions exempt under Section 4(a)(2) and Regulation D.

## SEC filing metadata
- accession: 0001683168-22-006865
- form_type: 8-K
- ticker: WYTC
- cik: 0001560143
- company_name: WYTEC INTERNATIONAL INC
- filed_at: 2022-10-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560143/000168316822006865/0001683168-22-006865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560143/000168316822006865/wytec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-006865
- JSON: https://secwatch.observer/filing/0001683168-22-006865.json
- Plain text: https://secwatch.observer/filing/0001683168-22-006865.txt

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