Form 4: AuthID Inc. Director Kunal K. Mehta Reports Stock Option Grant and Disposal
SEC Form 4
Director Kunal K. Mehta reports acquisition and disposal of AuthID Inc. stock options and disposal of common stock.
Summary
- On August 13, 2024, Kunal K. Mehta, a director of authID Inc., reported transactions involving the company's securities.
- Mehta acquired 15,627 stock options with an exercise price of $8.67, exercisable from August 13, 2024, to August 13, 2034, and disposed of 4,167 shares of common stock.
- Mehta also disposed of 13,328 stock options with an exercise price of $7.78, exercisable from May 20, 2024, to May 20, 2034.
- Following these transactions, Mehta beneficially owns 15,627 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of disposal of stock options with an exercise price of $7.78. |
| 08/13/2024 | Date of acquisition of stock options with an exercise price of $8.67 and disposal of common stock. |
| 08/15/2024 | Date of signature of the Form 4 report. |
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