AUID Form 4: Director Venkataraman receives 50,524 options, vesting schedules disclosed
Rhea-AI Filing Summary
authID Inc. (AUID) director Shrikrishna Venkataraman reported option awards on 09/04/2025 that increase his direct holdings. Two stock option grants were recorded: one for 38,024 shares and one for 12,500 shares, each with an exercise price of $3.90. Both option series are exercisable beginning 09/04/2025 and expire 09/04/2035. The filing states the 38,024-share award vests monthly over 12 months and the 12,500-share award vests in equal annual installments over three years. The reported amounts beneficially owned following the transactions match the grant sizes, and the form is signed by the reporting person on 09/08/2025.
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Insights
TL;DR: Director received time‑based option grants totaling 50,524 shares at $3.90, immediately exercisable and expiring in 2035.
The grants are disclosed as direct holdings with explicit vesting schedules: the larger grant vests monthly over 12 months while the smaller vests annually over three years. Because the options are exercisable as of the grant date, they present immediate economic exposure, but actual share dilution depends on future exercises. The filing does not disclose current total outstanding shares, prior holdings, or whether these grants are part of a broader compensation plan, so assessment of dilution or materiality relative to market cap cannot be made from this form alone.
TL;DR: Director compensation includes multi‑year vesting to align incentives; documentation is routine and conforms to Section 16 reporting.
The disclosure identifies the reporting person as a director and shows structured vesting to retain service over 12 and 36 months. The Form 4 is properly signed and dated. The filing contains no information about board approval, plan authorization, or linkage to performance metrics, so governance implications are limited to observed time‑based retention incentives only.