Form 4: AuthID Inc. Director Ken Jisser Reports Stock Option Transactions
SEC Form 4
Director Ken Jisser reports acquisition and disposal of authID Inc. stock options.
Summary
- Ken Jisser, a director of authID Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 13, 2024, Jisser acquired 15,627 stock options with an exercise price of $8.67, expiring on August 13, 2034; these options vest monthly over 12 months.
- Jisser also disposed of stock options previously held.
- After these transactions, Jisser still holds stock options related to authID Inc. shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider transactions, common for publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director stock transactions.
Key Dates
| Date | Description |
|---|---|
| 06/28/2023 | Date of stock options with an exercise price of $5.48 expiring on 06/28/2033. |
| 03/14/2023 | Date of stock options with an exercise price of $2.64 expiring on 03/14/2033. |
| 08/13/2024 | Date of stock option acquisition at $8.67, expiring on 08/13/2034 and vesting monthly over 12 months. |
| 08/15/2024 | Date of signature for the Form 4 filing. |
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