authID Inc. (AUID) director linked to 1M warrant, 120K share purchase

Rhea-AI Filing Summary

authID Inc. director and 10% owner Stephen J. Garchik reported new indirect purchases tied to a family trust. On April 29, 2026, the Garchik Irrevocable 2019 Trust acquired 120,482 shares of Common Stock at $1.245 per share and 1,000,000 Stock Purchase Warrants with a $1.50 exercise price and five-year term, not exercisable until October 29, 2026291,316 shares, alongside other indirect positions through related entities and 1,073,563 directly held shares. Garchik also holds stock options with a $3.90 exercise price that vest over one- and three-year schedules.

Insights

Insider trading analyst

Large indirect buy and warrant grant, but mainly via family trust structures.

The filing shows Stephen J. Garchik, a director and 10% owner of authID Inc., associated with an indirect open-market purchase of 120,482 shares at $1.245 and 1,000,000 Stock Purchase Warrants exercisable at $1.50.

These securities are held by the Garchik Irrevocable 2019 Trust, and Garchik disclaims beneficial ownership beyond his pecuniary interest. Additional indirect stakes exist through a family limited partnership and another irrevocable trust, plus over 1 million shares held directly.

The warrants have a five-year term and become exercisable after October 29, 2026, while stock options with a $3.90 exercise price remain outstanding and vest over monthly and annual schedules. The overall picture is a net-buy, but the economic impact depends on future exercise decisions and the performance of authID’s shares.

Insider Trade Summary

Net Buyer: 1,120,482 shares ($150,000)

Net Buy 7 txns

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 — 291,316 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. 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). 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. 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.

Key Figures

Common shares purchased: 120,482 shares at $1.245 Warrants acquired: 1,000,000 warrants at $1.50 Indirect holdings in 2019 Trust: 291,316 shares +4 more

7 metrics

Common shares purchased 120,482 shares at $1.245 Indirect open-market purchase on April 29, 2026

Warrants acquired 1,000,000 warrants at $1.50 Stock Purchase Warrants, five-year term, exercisable after Oct 29, 2026

Indirect holdings in 2019 Trust 291,316 shares Common Stock held by Garchik Irrevocable 2019 Trust after transactions

Direct common stock holdings 1,073,563 shares Directly held authID common stock after reported transactions

Stock option strike price $3.90 per share Stock options on authID common stock expiring in 2035

Underlying option shares 12,500 and 38,024 shares Two option grants vesting over 12 months and three years

Net buy-sell shares 1,120,482 shares Aggregate net-buy direction from this Form 4

Key Terms

open-market purchase, Stock Purchase Warrant, irrevocable trust, pecuniary interest, +2 more

6 terms

open-market purchase financial

"Includes the acquisition on 4/29/2026 of 120,482 shares of Common Stock at $1.245 per share"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

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)"

irrevocable trust financial

"Held by the Garchik Irrevocable 2019 Trust of which Mr. Garchik is a trustee"

pecuniary interest financial

"disclaims beneficial ownership of any and all of the Issuer's securities reported herein in excess of his actual pecuniary interest"

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.

family limited partnership financial

"Held by Garchik Universal Limited Partnership, which Mr. Garchik jointly controls with his sister."

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 04:31 PM

SEC Form 4

FORM 4

UNITED 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)

X	Director	X	10% 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)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/29/2026		P		120,482	A	$1.245	291,316	I	See Footnotes(1)(2)
Common Stock								1,073,563	D
Common Stock								130,975	I	See Footnotes(1)(3)
Common Stock								147,627	I	See Footnotes(1)(4)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Purchase Warrant(1)(2)	$1.5	04/29/2026		P		1,000,000		10/29/2026	04/29/2031	Common Stock, $0.0001 par value per share	1,000,000	$0.00(2)	1,000,000	I	See Footnotes(1)(2)
Stock Options(5)	$3.9							09/04/2025	09/04/2035	Common Stock, $0.0001 par value per share	38,024		38,024	D
Stock Options(6)	$3.9							09/04/2025	09/04/2035	Common Stock, $0.0001 par value per share	12,500		12,500	D

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. 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).

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.

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.

	/s/ Stephen Jeffrey Garchik	05/01/2026
	** Signature of Reporting Person	Date
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 did Stephen J. Garchik purchase in authID Inc. (AUID) on April 29, 2026?

He was associated with an indirect acquisition by the Garchik Irrevocable 2019 Trust of 120,482 authID Inc. common shares at $1.245 per share. The same trust also obtained 1,000,000 stock purchase warrants with a $1.50 exercise price and a five-year term.

How many authID Inc. warrants are linked to Stephen J. Garchik in this Form 4?

The filing reports 1,000,000 Stock Purchase Warrants indirectly held through the Garchik Irrevocable 2019 Trust. These warrants are exercisable for 1,000,000 authID Inc. common shares at $1.50 per share and are not exercisable until October 29, 2026.

What are Stephen J. Garchik’s direct share holdings in authID Inc. (AUID) after the reported transactions?

After the reported transactions, Stephen J. Garchik directly holds 1,073,563 shares of authID Inc. common stock. This direct position is separate from his indirect interests through the Garchik Irrevocable 2019 Trust, a family limited partnership, and another irrevocable trust.

How are the newly purchased authID Inc. shares attributed in Stephen J. Garchik’s Form 4?

The 120,482 newly acquired shares and 1,000,000 warrants are held by the Garchik Irrevocable 2019 Trust, where Garchik serves as trustee. The filing states he disclaims beneficial ownership of issuer securities beyond his actual pecuniary interest in these indirectly held positions.

What stock options related to authID Inc. does Stephen J. Garchik hold after this Form 4?

He holds stock options with an exercise price of $3.90 per share, covering 12,500 and 38,024 underlying shares. According to the footnotes, one grant vests monthly over 12 months and the other vests annually over three years, both expiring in 2035.

When do the authID Inc. warrants reported for Stephen J. Garchik become exercisable and when do they expire?

The 1,000,000 stock purchase warrants indirectly held through the Garchik Irrevocable 2019 Trust become exercisable on October 29, 2026. They have a five-year term from issuance and are scheduled to expire on April 29, 2031, if not exercised earlier.