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[Form 4] authID Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

authID Inc. (AUID) insider transaction: Chief Technology Officer Thomas Szoke reported open-market sales of 8,944 shares on 09/15/2025 at a weighted average price of $2.93, with the trade prices ranging from $2.80 to $3.10. After the reported disposals, Mr. Szoke directly holds 5,269 shares and indirectly holds 12,500 shares through his spouse. He also holds vested and unvested stock options convertible into a total of 104,667 shares across five option grants with exercise prices from $2.64 to $57.60 and maturities from 2031 to 2035. The filing notes the 8,944-share sale aggregated multiple executions and the option grants vest monthly over 12 months subject to continued service.

Positive
  • Transparent disclosure of weighted average price and price range for the sales, with offer to provide per-execution details upon request
  • Retention of material ownership exposure through direct+indirect shares (17,769) and significant option position (104,667 underlying shares)
  • Clear identification of indirect ownership (shares held by spouse) and option vesting terms
Negative
  • Open-market sale of 8,944 shares reduces direct holdings, which may be viewed negatively by some investors
  • Concentration of option exercise prices includes low strikes that could lead to substantial dilution if exercised

Insights

TL;DR: Insider sale modest in size relative to option holdings; routine liquidity event, not clearly indicative of company-wide news.

The sale of 8,944 shares at an average of $2.93 appears to be an open-market liquidity event by the CTO rather than a scheduled disposition tied to corporate developments. Post-sale, Mr. Szoke retains direct and indirect exposure via 17,769 beneficial shares plus options covering 104,667 shares. The range of option strike prices and long expirations suggest retained upside potential if share price improves. The filer discloses the price range and offers to furnish per-price execution details on request, which supports transparency.

TL;DR: Transaction follows standard Section 16 reporting; disclosures on indirect holdings and option vesting are appropriate and complete.

The Form 4 clearly identifies the reporting person, relationship (CTO), indirect holdings via spouse, and vesting schedule of option grants (monthly over 12 months where noted). The explanation footnotes comply with disclosure expectations by providing price range and willingness to provide granular execution data. There is no indication of unusual related-party transfers or amendments, and the signature date is provided, so governance disclosure practices appear satisfactory.

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).
1. Name and Address of Reporting Person*
Szoke Thomas Robert

(Last) (First) (Middle)
C/O AUTHID INC., 1580 N. LOGAN ST
STE 660 UNIT 51767

(Street)
DENVER CO 80203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
authID Inc. [ AUID ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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, $0.0001 par value per share 09/15/2025 S 8,944 D $2.93(1) 5,269 D
Common Stock, $0.0001 par value per share 12,500 I See footnote(2)
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 Options(3) $5.35 06/04/2025 06/04/2035 Common Stock, $0.0001 par value per share 33,000 33,000 D
Stock Options $9.25 12/21/2023 12/21/2033 Common Stock, $0.0001 par value per share 5,000 5,000 D
Stock Options $5.48 06/28/2023 06/28/2033 Common Stock, $0.0001 par value per share 50,000 50,000 D
Stock Options $2.64 03/14/2023 03/14/2033 Common Stock, $0.0001 par value per share 12,500 12,500 D
Stock Options $57.6 05/05/2021 05/05/2031 Common Stock, $0.0001 par value per share 4,167 4,167 D
Explanation of Responses:
1. Reflects the weighted average purchase price. The range of prices for such transactions is $2.80 to $3.10 for September 15, 2025. Open market sales transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
2. Shares held by Mr. Szoke's wife, Ginta Ozola-Szoke.
3. The stock option vesting is monthly over 12 months, subject to continued service to authID Inc.
/s/ Thomas Szoke 09/16/2025
** 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.

FAQ

What did authID Inc. (AUID) insider Thomas Szoke report on Form 4?

Mr. Szoke reported open-market sales of 8,944 shares on 09/15/2025 at a weighted average price of $2.93, plus his remaining holdings and option positions.

How many shares does Thomas Szoke beneficially own after the reported transaction?

He directly owns 5,269 shares and indirectly owns 12,500 shares held by his spouse, for a combined beneficial exposure of 17,769 shares.

What option holdings does the Form 4 disclose for the reporting person?

The filing lists option grants convertible to 104,667 shares across five grants with exercise prices ranging from $2.64 to $57.60 and expiration years 2031–2035.

What price range were the reported share sales executed at?

The sales executed on 09/15/2025 in a price range of $2.80 to $3.10; the reported weighted average price was $2.93.

Does the filing state any vesting conditions for the options?

Yes. Footnote (3) states that the stock option vesting is monthly over 12 months, subject to continued service to authID Inc.
AUTHID INC

NASDAQ:AUID

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22.99M
11.28M
16.36%
17.11%
2.48%
Software - Infrastructure
Services-prepackaged Software
Link
United States
DENVER