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AUID Form 4: Director Venkataraman receives 50,524 options, vesting schedules disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

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.

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*
Venkataraman Shrikrishna

(Last) (First) (Middle)
C/O AUTHID INC.
1580 N. LOGAN ST SUITE 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025
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
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(1) $3.9 09/04/2025 A 38,024 09/04/2025 09/04/2035 Common Stock, $0.0001 par value per share 38,024 $3.9 38,024 D
Stock Options(2) $3.9 09/04/2025 A 12,500 09/04/2025 09/04/2035 Common Stock, $0.0001 par value per share 12,500 $3.9 12,500 D
Explanation of Responses:
1. The shares underlying the stock options vest monthly over a period of 12 months.
2. The shares vest annually in equal amounts over a three-year period.
/s/ Shrikrishna Venkataraman 09/08/2025
** 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.
AUTHID INC

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Software - Infrastructure
Services-prepackaged Software
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United States
DENVER