[Form 4] authID Inc. Insider Trading Activity
Ken Jisser, a director of authID Inc. (AUID), filed a Form 4 reporting security transactions. The filing shows a disposition of 51,475 shares of common stock on 09/04/2025. The filing also reports derivative holdings: an option grant for 38,024 shares with a $3.90 exercise price exercisable on 09/04/2025 and expiring 09/04/2035, plus previously reported options of 15,627 shares ($8.67 strike, exp 08/13/2034), 3,125 shares ($5.48 strike, exp 06/28/2033), and 12,500 shares ($2.64 strike, exp 03/14/2033). Vesting: some options vest monthly over 12 months and others vest annually over three years as explained in the filing. The form is signed by Mr. Jisser on 09/08/2025.
- Timely disclosure of insider transactions, including signature and dates, meets SEC Form 4 requirements
- Long-dated options (some expiring in 2035) align the director's incentives with long-term company performance
- Vesting schedules described (monthly and annual tranches) promote retention and continued alignment
- Disposition of 51,475 shares on 09/04/2025 reduces the director's direct equity stake
- Potential dilution from multiple outstanding options totaling 38,024 + 15,627 + 3,125 + 12,500 underlying shares if exercised
Insights
TL;DR: A director reported a sizeable share disposition and multiple option holdings with standard multi-year vesting schedules.
The filing documents a direct sale of 51,475 common shares, coupled with option grants that create future equity exposure through 2035. The vesting schedules—monthly over 12 months and annual tranches over three years—are typical mechanisms to retain executives/directors and align incentives. The disclosure is complete and timely, including signature and transaction dates. No additional governance issues or related-party transactions are disclosed in this form.
TL;DR: Insider sold 51,475 shares while holding options across multiple strikes and maturities, creating mixed balance between liquidity and upside.
The reported disposition reduces direct share ownership by 51,475 shares as of 09/04/2025. Remaining derivative positions include 38,024 options at $3.90 exercisable immediately on 09/04/2025 and expiring in 2035, and earlier options totaling 31,252 shares across three strike prices. These derivatives represent potential future dilution if exercised. The filing does not include cash proceeds or reasons for the sale; valuation impact depends on market price and company capitalization not provided here.