Form 4: authID Director Garchik Reports New Stock Option Grants

authID Inc. Director and 10% owner Stephen J. Garchik disclosed the acquisition of new stock options and updated his beneficial ownership holdings.

Summary

• Stephen J. Garchik, a Director and 10% owner of authID Inc. (AUID), reported changes in his beneficial ownership.
• On September 4, 2025, Mr. Garchik was granted 38,024 stock options with an exercise price of $3.90, which will vest monthly over 12 months and expire on September 4, 2035.
• Additionally, on September 4, 2025, he was granted 12,500 stock options with an exercise price of $3.90, which will vest annually over three years and expire on September 4, 2035.
• His direct beneficial ownership of common stock is 1,123,563 shares.
• Indirect beneficial ownership includes 170,834 common shares and 10,417 common stock purchase warrants held by the Garchik Irrevocable 2019 Trust, 4,367 common shares held by Garchik Universal Limited Partnership, and 147,627 common shares held by the Marla Garchik Irrevocable 2020 Trust.

Sentiment

Score: 6

Explanation: The filing reports routine insider transactions, specifically the grant of stock options, which is a standard compensation practice. This indicates continued alignment of a key insider's interests with the company's future performance, which is mildly positive.

Positives

• The grant of new stock options to a director and 10% owner aligns his interests with the company's long-term performance and shareholder value.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Indirect beneficial ownership of 170,834 common shares and 10,417 common stock purchase warrants are held by the Garchik Irrevocable 2019 Trust, of which Mr. Garchik is a trustee.
• Indirect beneficial ownership of 4,367 common shares are held by Garchik Universal Limited Partnership, which Mr. Garchik jointly controls with his sister.
• Indirect beneficial ownership of 147,627 common shares are held by the Marla Garchik Irrevocable 2020 Trust, of which Mr. Garchik is a beneficiary.

Stakeholder Impact

• Shareholders: The grant of stock options to a director and 10% owner can be seen as a positive for shareholders as it aligns the insider's financial incentives with the company's long-term stock performance.

Next Steps

• The 38,024 stock options will vest monthly over 12 months starting from September 4, 2025.
• The 12,500 stock options will vest annually over three years starting from September 4, 2025.

Key Dates

Recommendation

This Form 4 filing primarily discloses routine insider transactions, specifically the grant of stock options to a director and 10% owner. While it indicates continued alignment of management's interests with the company's performance, it does not provide new fundamental information about the company's operations, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than this specific disclosure.

Keywords

authID Inc., AUID, Stephen J. Garchik, Form 4, Insider Trading, Stock Options, Beneficial Ownership, Director, 10% Owner, Equity Compensation