Form 4: AudioEye Director Jamil Tahir Receives 8,500 Restricted Stock Units as Compensation

AudioEye, Inc. Director Jamil A. Tahir was granted 8,500 restricted stock units (RSUs) as part of the company's 2020 Equity Incentive Plan, increasing his beneficial ownership.

Summary

• Jamil A. Tahir, a Director of AudioEye, Inc. (AEYE), acquired 8,500 shares of Common Stock in the form of Restricted Stock Units (RSUs) on May 23, 2025.
• The RSUs were granted under the AudioEye, Inc. 2020 Equity Incentive Plan at a transaction price of $0.
• These RSUs will vest on the earlier of one year following the grant date or immediately prior to the next annual meeting of stockholders, provided the director's service continues.
• Vested RSUs will be settled on the earlier of the 7th anniversary of the grant date, immediately prior to the closing of a change in control (within 90 days), or the calendar year following the year of death (payment by end of year following death).
• Following this transaction, Jamil A. Tahir directly beneficially owns 128,807 shares of Common Stock.
• Additionally, Mr. Tahir indirectly beneficially owns 195,000 shares of Common Stock through TurnMark Partners L.P., where he is a Manager of TurnMark Capital LLC, the General Partner.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it reflects a standard compensation practice that aligns director interests with shareholders. It's a routine event and doesn't indicate any immediate operational or financial issues, nor does it suggest extraordinary positive news.

Positives

• The grant of Restricted Stock Units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The equity incentive plan encourages long-term commitment from directors through vesting conditions.

Risks

• The value of the granted RSUs is subject to the future performance of AudioEye's stock price.
• Vesting of the RSUs is contingent upon the director's continued service to the company.

Future Outlook

The granted Restricted Stock Units are subject to future vesting conditions, which include either one year from the grant date or immediately prior to the next annual meeting of stockholders, contingent on continued service. Settlement of vested RSUs is tied to specific future events such as the 7th anniversary of the grant, a change in control, or the director's death.

Industry Context

This Form 4 filing represents a routine insider transaction related to director compensation, which is a common practice across industries to incentivize and retain key personnel by aligning their financial interests with the company's long-term performance.

Related Party Transactions

• Jamil A. Tahir's indirect beneficial ownership of 195,000 shares through TurnMark Partners L.P. is noted, where he is a Manager of TurnMark Capital LLC, the General Partner.

Stakeholder Impact

• Shareholders: Minor potential dilution from the issuance of new shares upon RSU settlement, but also potential benefit from aligned director incentives.
• Director (Jamil A. Tahir): Receives equity compensation, aligning his financial interests with the company's performance.

Next Steps

• The granted Restricted Stock Units will vest based on the specified conditions (earlier of one year from grant or prior to next annual meeting, contingent on service).
• Vested RSUs will be settled upon the occurrence of specific future events as outlined in the grant terms.

Key Dates

Keywords

AudioEye, AEYE, Form 4, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Equity Incentive Plan, Beneficial Ownership