STOCK TITAN

Mitek Systems (MITK) director receives 11,448-share annual equity grant

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

Rhea-AI Filing Summary

Fay James Daniel reported acquisition or exercise transactions in this Form 4 filing.

Mitek Systems Inc. director James Daniel Fay reported an equity award in the form of 11,448 shares of Common Stock as restricted stock units granted on March 3, 2026. The award is described as the annual equity grant made to non-employee directors under the company’s director compensation program.

According to the report, Fay now holds 38,152 shares of Common Stock directly following this grant. The restricted stock units vest at the later of the next annual shareholders meeting or one year after the grant date, tying full share delivery to continued board service over that period.

Positive

  • None.

Negative

  • None.
Insider Fay James Daniel
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 11,448 $0.00 --
Holdings After Transaction: Common Stock — 38,152 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
Fay James Daniel

(Last) (First) (Middle)
770 FIRST AVENUE
SUITE 425

(Street)
SAN DIEGO CA 92101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MITEK SYSTEMS INC [ MITK ]
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)
03/03/2026
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 03/03/2026 A 11,448(1) A $0 38,152 D
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
Explanation of Responses:
1. Represents restricted stock units granted on March 3, 2026. This award is the annual equity grant that the Issuer makes to its non-employee directors as part of the director compensation program in connection with its annual meeting of stockholders. Shares subject to the award vest at the later of the date of the next Annual Shareholders Meeting or one year after the date of grant.
Remarks:
/s/ Jonathan O'Brien, by Power of Attorney 03/05/2026
** 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.

FAQ

What insider transaction did Mitek Systems (MITK) director James Daniel Fay report?

James Daniel Fay reported an acquisition of 11,448 shares of Mitek Systems Common Stock as restricted stock units granted on March 3, 2026. This is an annual equity grant under the company’s non-employee director compensation program tied to board service.

How many Mitek Systems (MITK) shares does James Daniel Fay hold after this grant?

After receiving the March 3, 2026 restricted stock unit grant, James Daniel Fay beneficially holds 38,152 shares of Mitek Systems Common Stock directly. This total reflects the newly granted 11,448 restricted stock units reported in the Form 4 filing.

What type of equity award did Mitek Systems (MITK) grant to director James Daniel Fay?

Mitek Systems granted James Daniel Fay restricted stock units representing 11,448 shares of Common Stock. The filing notes this award is the annual equity grant provided to non-employee directors as part of the company’s established director compensation program linked to its annual meeting.

When do James Daniel Fay’s Mitek Systems (MITK) restricted stock units vest?

The 11,448 restricted stock units granted to James Daniel Fay vest at the later of the next Annual Shareholders Meeting or one year after the March 3, 2026 grant date. This vesting schedule effectively conditions full share delivery on continued board service over that timeframe.

Why did Mitek Systems (MITK) grant 11,448 restricted stock units to James Daniel Fay?

The 11,448 restricted stock units were granted as the annual equity award Mitek Systems provides to its non-employee directors. According to the filing footnote, this grant is part of the director compensation program associated with the company’s annual meeting of stockholders.

Was there any purchase price for James Daniel Fay’s Mitek Systems (MITK) equity grant?

The reported transaction price per share is 0.0000, indicating James Daniel Fay did not pay cash consideration for the 11,448 restricted stock units. The grant represents compensation under Mitek Systems’ non-employee director equity program rather than an open-market stock purchase.