Mitek Systems (MITK) awards 11,448 RSUs to director Stevenson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stevenson Kimberly S reported acquisition or exercise transactions in this Form 4 filing.
Mitek Systems Inc director Kimberly S. Stevenson reported an equity award of 11,448 restricted stock units representing common stock on March 3, 2026. The units were granted at $0.0000 per share as part of the company’s annual equity grant to non-employee directors in connection with its annual meeting of stockholders.
According to the award terms, the shares subject to these restricted stock units vest at the later of the date of the next annual shareholders meeting or one year after the grant date. Following this grant, Stevenson directly held 96,044 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stevenson Kimberly S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,448 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 96,044 shares (Direct)
Footnotes (1)
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FAQ
What did Mitek Systems (MITK) director Kimberly S. Stevenson receive in this Form 4?
Kimberly S. Stevenson received an equity award of 11,448 restricted stock units representing Mitek Systems common stock. The units were granted at $0.0000 per share as part of the company’s annual equity grant to non-employee directors in connection with its annual meeting.
What is the vesting schedule for Kimberly Stevenson’s 11,448 Mitek (MITK) restricted stock units?
The 11,448 restricted stock units granted to Kimberly Stevenson vest at the later of the date of Mitek’s next annual shareholders meeting or one year after the March 3, 2026 grant date. Vesting depends on this timing condition rather than immediate availability.
Why did Mitek Systems (MITK) grant 11,448 restricted stock units to Kimberly Stevenson?
Mitek Systems granted 11,448 restricted stock units to Kimberly Stevenson as the annual equity grant provided to its non-employee directors. This award forms part of the company’s director compensation program tied to its annual meeting of stockholders, instead of a cash-only compensation structure.
Was cash paid for Kimberly Stevenson’s 11,448 Mitek (MITK) restricted stock units?
No cash purchase is indicated for this award; the 11,448 restricted stock units were granted at a reported price of $0.0000 per share. The units represent part of Mitek’s non-employee director equity compensation program, rather than an open-market stock purchase.