AUID Form 4: Jacqueline White Receives 38,024 Options at $3.90
Rhea-AI Filing Summary
authID Inc. director Jacqueline L. White reported option activity covering 82,740 underlying shares across multiple grants. The filing shows a new grant exercisable 09/04/2025 with a $3.90 exercise price for 38,024 options that vest monthly over 12 months and expire 09/04/2035. Earlier grants remain outstanding: 15,627 options at $8.67 (expire 08/13/2034), 15,625 at $5.48 (expire 06/28/2033), 4,371 at $24.24 (expire 09/20/2032), 1,280 at $121.28 (expire 12/29/2031) and 7,813 at $62.40 (expire 06/09/2031). All reported holdings are direct.
Positive
- New grant of 38,024 options at a low $3.90 exercise price, increasing director alignment with shareholders
- Total reported underlying shares: 82,740, representing the aggregate direct exposure across six option grants
Negative
- None.
Insights
TL;DR: Director received a sizeable low-strike option grant increasing direct alignment with shareholder value.
The 09/04/2025 grant of 38,024 options at a $3.90 exercise price materially increases the director's direct economic exposure to authID Inc.'s share performance, representing roughly 46% of the total 82,740 underlying shares reported. The grant vests monthly over 12 months, which phases potential option exercises and ties realization to continued service. Remaining option tranches have higher strikes and staggered expirations, providing a mix of near-term and long-term upside for the reporting person.
TL;DR: Option awards follow typical director compensation patterns with time-based vesting and staggered expiries.
The filing documents time-based vesting over 12 months for the newly reported grant, a common mechanism to retain board members. All holdings are reported as direct beneficial ownership, simplifying governance disclosure. The range of exercise prices and expirations suggests a history of periodic awards rather than a single, unusually large issuance. No amendments or derivatives beyond stock options are disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 38,024 | $3.90 | $148K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
Footnotes (1)
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