Key facts
- This page summarizes Jason N. Welch's Form 4 filing for KonaTel, Inc. (KTEL).
- 0 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 24 Mar 2025, 15:50.
Jason N. Welch - 17 Sep 2024 Form 4 Insider Report for KonaTel, Inc. (KTEL)
- Reporting relationship
- Consultant in same capacity
- Issuer ticker
- KTEL
- Reported as of
- 17 Sep 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 24 Mar 2025, 15:50:56 UTC
- Prior SEC filing
- 26 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jason Welch
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jason N. Welch filed Form 4 for KonaTel, Inc. (KTEL) on 24 Mar 2025.
Change
- Previous filing in this sequence was filed on 26 Sep 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
KTEL
holding
Derivative
Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 250,000
- Date
- 17 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 250,000
- Exercise price
- $0.3700
- Footnotes
- F1, F2
KTEL
holding
Derivative
Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 500,000
- Date
- 17 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 250,000
- Exercise price
- $0.3700
- Footnotes
- F1, F2
KTEL
holding
Derivative
Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 750,000
- Date
- 17 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 250,000
- Exercise price
- $0.3700
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Jason N. Welch is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
On September 17, 2024, the Company's Board of Directors adopted resolutions to reprice the 750,000 ISO's from an exercise price of $0.809 to the closing price of $0.37 at September 16, 2024, with all other terms and conditions of the originally granted ISO's to remain the same.
Footnote F2
Mr. Welch's Incentive Stock Option Agreement states that his options post employment would have expired 90 days from the reduction of force date, or November 15, 2024. Mr. Welch went from serving as an officer at the Company's subsidiary, IM Telecom, LLC to a consultant. The Board of Directors resolved to extend the "Expiration Date" an additional 180 days or until August 12, 2025. Mr. Welch is currently consulting in the same capacity as his previous officer position, pending growth initiatives to materialize.