Intellicheck (IDN) Director Acquires 2,381 Shares via RSU Vesting

Intellicheck, Inc. (IDN) — Form 4 Insider Transaction Director David E. Ullman reported the vesting of 2,381 Restricted Stock Units (RSUs) on 14 July 2025.

Rhea-AI Filing Summary

Intellicheck, Inc. (IDN) — Form 4 Insider Transaction

Director David E. Ullman reported the vesting of 2,381 Restricted Stock Units (RSUs) on 14 July 2025. Upon vesting, the RSUs converted into an equal number of common shares at a stated conversion price of $5.25, although the RSU settlement itself carried $0 cost to the insider. Following the transaction, Ullman holds 2,381 derivative securities directly. No sales or disposals were disclosed.

The filing represents a routine equity-compensation event rather than an open-market purchase or sale. The aggregate market value is modest (≈ $12 k based on the stated price), implying limited impact on Intellicheck’s share float or insider-sentiment signals. No additional financial metrics, earnings data, or strategic commentary were included in this Form 4.

Positive

• Incremental insider ownership increase: the director now directly holds an additional 2,381 shares, modestly aligning interests with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine RSU vesting; immaterial size; neutral signal.

The Form 4 shows Intellicheck director David E. Ullman receiving 2,381 shares via RSU vesting valued at roughly $12 k. Because the shares stem from scheduled equity compensation, the transaction neither adds cash inflow to the company nor implies active buying conviction. Insider ownership does increase marginally, yet the position is too small to affect float or governance dynamics. With no concurrent sales or larger awards, the disclosure is best regarded as neutral for investors.

Insider Trade Summary

Grant/Award: 2,381 shares

Grant/Award 1 txn

Insider Ullman David E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (RSU's)	2,381	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (RSU's) — 2,381 contracts (Direct)

Footnotes (1)

1. F1. Restricted Stock Units became earned and vested, and shares of common stock were issued in settlement of Vested Restricted Stock Units on July 14, 2025.

FAQ

Who is the insider involved in Intellicheck's latest Form 4 filing?

Director David E. Ullman is the reporting person.

How many Intellicheck (IDN) shares were acquired in the transaction?

A total of 2,381 shares were issued upon RSU vesting.

What type of transaction does the Form 4 disclose?

The filing reflects vesting of Restricted Stock Units, not an open-market purchase or sale.

What is the stated conversion price for the vested RSUs?

The RSUs converted at a reference price of $5.25 per share, though the cost to the insider was $0.

Does the transaction materially affect Intellicheck’s share count?

No—2,381 shares are immaterial relative to the company’s total shares outstanding.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/15/2025 - 12:39 PM Learn about SEC filing dates

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^*

Ullman David E

(Last) (First) (Middle)

200 BROADHOLLOW ROAD, SUITE 207

(Street)

MELVILLE NY 11747

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Intellicheck, Inc. [ IDN ]

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)
07/14/2025

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
Restricted Stock Units (RSU's)	$5.25	07/14/2025		A		2,381		07/14/2025	(1)	Common Stock, $.001 par value	2,381	$0	2,381	D

Explanation of Responses:

1. Restricted Stock Units became earned and vested, and shares of common stock were issued in settlement of Vested Restricted Stock Units on July 14, 2025.

Remarks:

	/s/ Adam Sragovicz, Attorney-In-Fact	07/15/2025
	** 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).
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