Mitek Systems, Inc. filings document the formal disclosures of a public software company focused on digital identity verification, fraud prevention, and mobile imaging. Its 8-K reports include quarterly and annual financial results, revenue and adjusted EBITDA commentary, and material-event disclosures tied to debt, accounting leadership, and compensation arrangements.
The company's proxy and annual-meeting filings cover director elections, auditor ratification, advisory compensation votes, executive compensation tables, equity awards, and governance matters. Capital-structure disclosures include the repayment of 0.750% Convertible Senior Notes and borrowings under a delayed draw term loan facility.
Mitek Systems, Inc. announced that Michael E. Diamond, Senior Vice President of Sales, Check Verification and a named executive officer for fiscal year 2026, will have his employment terminate on December 8, 2026. He will receive separation benefits in connection with a termination without cause under the company's Executive Severance and Change of Control Plan.
Mitek Systems Inc. Chief Executive Officer Edward H. West had 275,032 Performance Restricted Stock Units vest and convert one-for-one into common stock on October 1, 2026. The issuer withheld 126,247 shares at $17.95 per share for withholding taxes; his reported post-transaction Performance RSU position was 707,503 units. The vesting reflected 133% of target shares for the annual period and an additional 13.7% of target shares under the catch-up criteria. The report also lists 55,000 common shares held indirectly by the West Community Property Trust, for which West is trustee.
MITEK SYSTEMS INC (symbol: MITK) is the issuer of record for a Form 4 filing submitted to the SEC.
MITEK SYSTEMS INC (MITK) reported an initial insider ownership filing for Aaron Graeme Seyler, who serves as Chief Revenue Officer. The filing states that Mr. Seyler currently has no securities beneficially owned in Mitek Systems, and it reports no insider transactions or holdings of either common stock or derivatives.
MITEK SYSTEMS INC (MITK) reported that Chief Executive Officer Edward H. West had 115,917 Performance Restricted Stock Units vest on August 14, 2026, converting into an equal number of common shares after the stock traded for 60 consecutive days at or above $14.42. To cover withholding taxes from this vesting, 45,421 common shares were delivered or withheld at a price of $19.43 per share. A trust associated with West holds 55,000 common shares, and up to 114,186 additional Performance RSUs from the same award may vest if further stock price performance targets are achieved.
Mitek Systems reported a strong third quarter of fiscal 2026, with total revenue of $54.0 million, an 18% year-over-year increase, driven largely by SaaS revenue of $26.2 million, up 36%. GAAP gross margin was 79.1%. GAAP net income rose to $8.4 million, or $0.17 per diluted share, while non-GAAP net income was $16.8 million, or $0.34 per diluted share. Adjusted EBITDA reached $20.8 million with a 38.5% margin. Cash and investments totaled $100.2 million at June 30, 2026, after retiring $155 million of Convertible Senior Notes and adding a term loan.
The company raised its fiscal 2026 outlook, guiding full-year revenue to $195–$200 million and adjusted EBITDA margin to 32–34%, and expects fourth-quarter revenue of $42–$47 million. Fraud & Identity solutions revenue for fiscal 2026 is guided to $105–$109 million. Mitek also appointed Aaron Seyler as Chief Revenue Officer effective August 17, 2026, and elected Mark Rossi as non-executive Chairman effective October 1, 2026, succeeding Scott Carter, who will remain a director.
Mitek Systems' Chief Operating Officer Garrett Gafke reported an open-market sale of 21,108 shares of Common Stock at a weighted average price of $14.19 per share. The shares were sold in multiple transactions at prices ranging from $13.94 to $14.66.
After the sale, Gafke directly held 244,279 shares of Common Stock. He also held Performance Restricted Stock Units tied to 412,403 underlying shares of Common Stock, which vest over three years based on Mitek’s stock performance versus the Russell 2000 Index.