STOCK TITAN

authID Inc. (AUID) director-linked trust adds shares and 1M warrants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

authID Inc. director–affiliated entities increased their stake through a notable insider buy. On 4/29/2026, the Marla Garchik Irrevocable 2020 Trust, with Stephen J. Garchik as a beneficiary, acquired 120,482 shares of authID common stock at $1.245 per share and 1,000,000 stock purchase warrants exercisable at $1.50 per share with a five-year term, not exercisable until 10/29/2026.

After these transactions, indirect holdings reported for entities linked to Garchik include 268,109 common shares, alongside 1,073,563 shares held directly. He also holds stock options covering 12,500 and 38,024 underlying shares at a $3.90 exercise price expiring in 2035, which vest over monthly and annual schedules. Garchik disclaims beneficial ownership beyond his actual pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Director‑linked entities made a net insider share and warrant purchase in authID.

Entities associated with Stephen J. Garchik, a director and 10% owner of authID Inc., purchased 120,482 common shares at $1.245 and 1,000,000 stock purchase warrants with a $1.50 exercise price and five‑year term as of April 29, 2026. These warrants are not exercisable until October 29, 2026, so they add potential future equity exposure rather than immediate dilution.

The filing also shows substantial existing positions: 1,073,563 common shares held directly and 268,109 shares held indirectly after the reported transactions, plus stock options over 12,500 and 38,024 underlying shares at a $3.90 exercise price expiring in 2035. The footnotes state that Garchik disclaims beneficial ownership beyond his actual pecuniary interest, and some holdings sit in trusts and a limited partnership, which means economic exposure is shared across those entities.

Overall, the normalized data categorize this as a net‑buy pattern (100% buy, zero sales in the summary), which investors often interpret as a constructive signal, but the filing itself stops at reporting these acquisitions and existing derivative positions without further commentary on intent or future plans.

Insider Garchik Stephen Jeffrey
Role null
Bought 1,120,482 shs ($150K)
Type Security Shares Price Value
Purchase Stock Purchase Warrant 1,000,000 $0.00 --
Purchase Common Stock 120,482 $1.245 $150K
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Purchase Warrant — 1,000,000 shares (Indirect, See Footnotes); Common Stock — 268,109 shares (Indirect, See Footnotes); Stock Options — 38,024 shares (Direct, null); Common Stock — 1,073,563 shares (Direct, null)
Footnotes (1)
  1. Stephen J. Garchik ("Mr. Garchik") disclaims beneficial ownership of any and all of the Issuer's securities reported herein in excess of his actual pecuniary interest. Held by the Garchik Irrevocable 2019 Trust of which Mr. Garchik is a trustee. Held by Garchik Universal Limited Partnership, which Mr. Garchik jointly controls with his sister. Held by Marla Garchik Irrevocable 2020 Trust of which Mr. Garchik is a beneficiary. Includes the acquisition on 4/29/2026 of 120,482 shares of Common Stock at $1.245 per share and 1,000,000 warrants to purchase Common Stock (exercise price $1.50, 5-year term, not exercisable until 10/29/2026). The shares underling the stock options vest monthly over a period of 12 months. The shares underling the stock options vest annually over a period of three years.
Common shares purchased 120,482 shares at $1.245 Open-market purchase on April 29, 2026 via Marla Garchik Irrevocable 2020 Trust
Warrants acquired 1,000,000 warrants Exercise price $1.50, five-year term, not exercisable until October 29, 2026
Direct common stock holdings 1,073,563 shares Shares of authID common stock held directly after reported transactions
Indirect common stock holdings 268,109 shares Common shares held indirectly through related entities after the transactions
Stock options block 1 12,500 underlying shares at $3.90 Options on authID common stock expiring September 4, 2035; vest monthly over 12 months
Stock options block 2 38,024 underlying shares at $3.90 Options on authID common stock expiring September 4, 2035; vest annually over three years
Net buy shares 1,120,482 shares Net buy direction across common and derivative entries in transaction summary
pecuniary interest financial
"disclaims beneficial ownership of any and all of the Issuer's securities reported herein in excess of his actual pecuniary interest"
irrevocable trust financial
"Held by the Garchik Irrevocable 2019 Trust of which Mr. Garchik is a trustee"
stock purchase warrant financial
"1,000,000 warrants to purchase Common Stock (exercise price $1.50, 5-year term, not exercisable until 10/29/2026)"
beneficial ownership financial
"disclaims beneficial ownership of any and all of the Issuer's securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
stock options financial
"The shares underling the stock options vest monthly over a period of 12 months"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vest financial
"The shares underling the stock options vest annually over a period of three years"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Garchik Stephen Jeffrey

(Last)(First)(Middle)
C/O AUTHID INC.
1580 N. LOGAN ST SUITE 660, UNIT 51767

(Street)
DENVER COLORADO 80203

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
authID Inc. [ AUID ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/01/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/29/2026P120,482A$1.245268,109ISee Footnotes(1)(4)
Common Stock1,073,563D
Common Stock170,834ISee Footnotes(1)(2)
Common Stock130,975ISee Footnotes(1)(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Purchase Warrant(1)(2)$1.504/29/2026P1,000,00010/29/202604/29/2031Common Stock, $0.0001 par value per share1,000,000$0(2)1,000,000ISee Footnotes(1)(4)
Stock Options(5)$3.909/04/202509/04/2035Common Stock, $0.0001 par value per share38,02438,024D
Stock Options(6)$3.909/04/202509/04/2035Common Stock, $0.0001 par value per share12,50012,500D
Explanation of Responses:
1. Stephen J. Garchik ("Mr. Garchik") disclaims beneficial ownership of any and all of the Issuer's securities reported herein in excess of his actual pecuniary interest.
2. Held by the Garchik Irrevocable 2019 Trust of which Mr. Garchik is a trustee.
3. Held by Garchik Universal Limited Partnership, which Mr. Garchik jointly controls with his sister.
4. Held by Marla Garchik Irrevocable 2020 Trust of which Mr. Garchik is a beneficiary. Includes the acquisition on 4/29/2026 of 120,482 shares of Common Stock at $1.245 per share and 1,000,000 warrants to purchase Common Stock (exercise price $1.50, 5-year term, not exercisable until 10/29/2026).
5. The shares underling the stock options vest monthly over a period of 12 months.
6. The shares underling the stock options vest annually over a period of three years.
Remarks:
This Amendment No. 1 corrects the identity of the trust that acquired the shares and warrants on 4/29/2026, which was inadvertently reported as the Garchik Irrevocable 2019 Trust.
/s/ Stephen Jeffrey Garchik05/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider purchases did AUID director Stephen J. Garchik report?

Garchik‑linked entities reported buying 120,482 authID common shares at $1.245 each. The same filing shows acquisition of 1,000,000 stock purchase warrants tied to authID common stock, adding meaningful additional potential exposure through derivatives held by a related trust.

Which entity acquired the new authID (AUID) shares and warrants?

The newly acquired authID securities are held by the Marla Garchik Irrevocable 2020 Trust, where Stephen J. Garchik is a beneficiary. This trust holds 120,482 new common shares and 1,000,000 warrants, according to the Form 4/A footnote disclosures.

What are the key terms of the 1,000,000 authID (AUID) warrants?

The filing states the trust received 1,000,000 stock purchase warrants for authID common stock with an exercise price of $1.50 per share. They have a five‑year term, expiring on April 29, 2031, and are not exercisable until October 29, 2026.

How many authID (AUID) shares does Stephen J. Garchik hold after these transactions?

After the reported transactions, Garchik holds 1,073,563 authID common shares directly and 268,109 shares indirectly through related entities. He also has stock options over 12,500 and 38,024 underlying shares, all as disclosed in the Form 4/A tables.

Does Stephen J. Garchik claim full beneficial ownership of the reported AUID securities?

No. A footnote states that Stephen J. Garchik disclaims beneficial ownership of authID securities reported beyond his actual pecuniary interest. Some holdings are in trusts and a limited partnership he helps control or benefits from, spreading economic interest among parties.