authID (AUID) CEO granted 800,248 stock options at $1.24 exercise price
Rhea-AI Filing Summary
authID Inc. reported that Chief Executive Officer Rhoniel Daguro received a grant of 800,248 stock options on common shares at an exercise price of $1.2400 per share. These options become exercisable starting on May 27, 2027 and expire on May 27, 2036.
According to the footnotes, 650,248 of the granted options are not exercisable unless the company’s 2026 Equity Incentive Plan is approved by stockholders, and the grant is intended to bring the CEO’s aggregate equity interest to about 6% of outstanding stock after current financing rounds. Following the transactions, Daguro holds 24,833 common shares directly and multiple existing option awards with exercise prices ranging from $3.1760 to $5.4800 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Daguro Rhoniel
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 800,248 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock, $0.0001 par value per share | -- | -- | -- |
Holdings After Transaction:
Stock Options — 800,248 shares (Direct);
Common Stock, $0.0001 par value per share — 24,833 shares (Direct)
Footnotes (1)
- The stock option vesting is subject to achievement of performance and service conditions, or as to the entire balance upon earlier termination on change of control. The stock option vesting is monthly over 12 months, subject to continued service to authID Inc. Of the 800,248 options granted, 650,248 options are not exercisable unless and until the Company's 2026 Equity Incentive Plan is approved by the Company's stockholders. Granted in order to bring his aggregate equity interest up to an amount equal to 6% of the Company's outstanding stock, after taking into account the shares issued and to be issued under the current financing rounds.
Key Figures
New option grant: 800,248 stock options
New grant exercise price: $1.2400 per share
Contingent options: 650,248 options
+5 more
8 metrics
New option grant
800,248 stock options
Grant to CEO Rhoniel Daguro
New grant exercise price
$1.2400 per share
Exercise price for 800,248 options
Contingent options
650,248 options
Not exercisable unless 2026 Equity Incentive Plan approved
CEO target equity interest
6% of outstanding stock
Intended aggregate equity interest after financing rounds
Common shares held
24,833 shares
Common stock directly held after transactions
Existing options at $3.1760
306,875 underlying shares
Stock options, exercise price $3.1760, expire 2033-04-10
Existing options at $5.3500
10,000 underlying shares
Stock options, exercise price $5.3500, expire 2035-06-04
Existing options at $5.4800
111,148 underlying shares
Stock options, exercise price $5.4800, expire 2033-06-28
Key Terms
Stock Options, exercise price, 2026 Equity Incentive Plan, performance and service conditions, +1 more
5 terms
Stock Options financial
"security_title": "Stock Options""
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.
exercise price financial
"conversion_or_exercise_price": "1.2400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
2026 Equity Incentive Plan financial
"Company's 2026 Equity Incentive Plan is approved by the Company's stockholders"
performance and service conditions financial
"vesting is subject to achievement of performance and service conditions"
change of control financial
"or as to the entire balance upon earlier termination on change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did authID (AUID) disclose about CEO Rhoniel Daguro’s new equity grant?
authID disclosed that CEO Rhoniel Daguro received a grant of 800,248 stock options at a $1.24 exercise price. The options are part of his equity compensation and are designed to align his ownership with the company’s outstanding shares after current financing rounds.
How many stock options were granted to authID (AUID) CEO and at what price?
The CEO received 800,248 stock options with an exercise price of $1.2400 per share. These options give him the right to buy common stock at that price once they vest and become exercisable, subject to the plan conditions described in the filing footnotes.
What conditions affect exercisability of the new authID (AUID) CEO options?
Of the 800,248 options granted, 650,248 are not exercisable unless stockholders approve authID’s 2026 Equity Incentive Plan. Vesting is also subject to performance and service conditions, and some options may vest earlier upon a change of control, as outlined in the footnotes.
What is the target ownership level for authID (AUID) CEO after this option grant?
The filing states the grant is intended to bring the CEO’s aggregate equity interest to about 6% of authID’s outstanding stock. This percentage takes into account shares issued and to be issued under current financing rounds, reflecting a targeted ownership stake for leadership.
What existing stock options does authID (AUID) CEO hold besides the new grant?
Besides the new 800,248-option grant, the CEO holds several other option awards. These include options over 306,875 shares at a $3.1760 exercise price, 10,000 shares at $5.3500, and 111,148 shares at $5.4800, all with expiration dates between 2033 and 2035.