[Form 4] authID Inc. Insider Trading Activity

Rhea-AI Filing Summary

authID Inc. director and 10% owner Stephen J. Garchik reported multiple transactions on 09/04/2025. The filing shows a disposition of 1,123,563 shares of common stock and an indirect beneficial ownership position including 170,834, 4,367, and 147,627 shares held through trusts and a limited partnership. Mr. Garchik also acquired derivative awards the same day: 38,024 stock options exercisable at $3.90 (expiring 09/04/2035) and 12,500 stock options exercisable at $3.90 (expiring 09/04/2035). A common stock warrant for 10,417 shares with a $36 strike (expiring 11/06/2025) is held indirectly. Footnotes explain holdings are through trusts, a partnership, and that Mr. Garchik disclaims ownership beyond his pecuniary interest.

Positive

• Acquisition of 38,024 and 12,500 stock options exercisable at $3.90 with 2035 expirations indicates continued economic exposure to the company under long-dated incentives
• Indirect holdings via trusts and a limited partnership show structured, longer-term ownership rather than purely transient retail positions

Negative

• Disposition of 1,123,563 common shares by a director and 10% owner is sizeable and may be perceived negatively by investors
• Warrant strike of $36 for 10,417 shares expires 11/06/2025 and is significantly above the option exercise price, indicating limited near-term intrinsic value unless stock rises materially

Insights

Financial Analyst

TL;DR: Significant insider sale offset by option acquisitions; net effect unclear without share price and context.

The reported disposition of 1,123,563 shares is material in size relative to typical insider trades and could affect market perception. Concurrently, Mr. Garchik acquired 50,524 options exercisable at $3.90, which suggests continued exposure to upside under those strike terms. The filing documents indirect holdings via trusts and a family partnership, which tempers direct-control interpretation. Absent the transaction prices for the disposed shares or the company share price on 09/04/2025, it is not possible to quantify proceeds or net change in economic exposure precisely.

Corporate Governance Expert

TL;DR: Large share sale by a director/10% owner raises governance and signaling considerations for investors.

The sale of over one million shares by a director who also qualifies as a 10% owner is notable from a governance and signaling standpoint. The filing clarifies many holdings are indirect (trusts and a limited partnership), and Mr. Garchik disclaims beneficial ownership beyond pecuniary interest, which is standard. The simultaneous acquisition of long-dated options may represent compensation or retention incentives rather than routine open-market buying. Disclosure appears complete for Section 16 reporting.

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

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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 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	X	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
Common Stock								170,834	I	See Footnotes(1)(2)
Common Stock								4,367	I	See Footnotes(1)(3)
Common Stock								1,123,563	D
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 Options(5)	$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(6)	$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
Common Stock Purchase Warrant	$36							11/06/2020	11/06/2025	Common Stock, $0.0001 par value per share	10,417		10,417	I	See footnotes(1)(2)

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.

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	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.
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FAQ

What did authID Inc. insider Stephen J. Garchik report on Form 4 (AUID)?

On 09/04/2025 Mr. Garchik reported a disposition of 1,123,563 common shares and the acquisition of 38,024 and 12,500 stock options exercisable at $3.90 (expiring 09/04/2035).

How many shares does Stephen J. Garchik beneficially own after the transactions?

The filing lists indirect holdings of 170,834, 4,367, and 147,627 common shares, plus a 10,417-share warrant; the filing does not state a consolidated total net of the disposition.

What are the terms of the options acquired by Mr. Garchik?

Two option grants were reported on 09/04/2025: 38,024 options and 12,500 options with an exercise price of $3.90, exercisable beginning 09/04/2025 and expiring 09/04/2035; vesting schedules are noted in footnotes.

Are the reported holdings direct or indirect?

Many holdings are reported as indirect: shares held by the Garchik Irrevocable 2019 Trust, Garchik Universal Limited Partnership, and Marla Garchik Irrevocable 2020 Trust, per the footnotes.

When do the listed warrants expire and what is the strike price?

The common stock warrant covers 10,417 shares with a $36 strike and an expiration date of 11/06/2025.