authID (AUID) director Garchik buys 126,608 shares at $1.71
authID Inc. (AUID) reported a Form 4 for director and 10% owner Stephen J. Garchik.
Rhea-AI Filing Summary
authID Inc. (AUID) reported a Form 4 for director and 10% owner Stephen J. Garchik. On 11/21/2025, he acquired 126,608 shares of common stock at $1.71 per share in a registered direct offering under a securities purchase agreement. After this transaction, he held 1,123,563 common shares directly and additional indirect holdings through family trusts and a limited partnership, including 170,834 shares in the Garchik Irrevocable 2019 Trust, 130,975 shares in Garchik Universal Limited Partnership, and 147,627 shares in the Marla Garchik Irrevocable 2020 Trust. He also beneficially owned stock options exercisable at $3.90 for 38,024 shares vesting monthly over 12 months and 12,500 shares vesting annually over three years.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 126,608 | $1.71 | $216K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. 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.
- F2. Held by the Garchik Irrevocable 2019 Trust of which Mr. Garchik is a trustee.
- F3. Held by Garchik Universal Limited Partnership, which Mr. Garchik jointly controls with his sister.
- F4. Held by Marla Garchik Irrevocable 2020 Trust of which Mr. Garchik is a beneficiary.
- F5. The shares underling the stock options vest monthly over a period of 12 months.
- F6. The shares underling the stock options vest annually over a period of three years.
- F7. The reporting person acquired these shares directly from the issuer in a registered direct offering pursuant to a securities purchase agreement at $1.71 per share. The transaction is exempt from Section 16(b) pursuant to Rule 16b-2(a).
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