Mitek Systems (MITK) director awarded 11,448 restricted stock units

Rhea-AI Filing Summary

Gupta Rahul reported acquisition or exercise transactions in this Form 4 filing.

Mitek Systems Inc director Rahul Gupta received a grant of 11,448 shares of common stock in the form of restricted stock units on March 3, 2026. This is described as the annual equity grant made to non-employee directors under the company’s director compensation program.

According to the disclosure, shares subject to this award will vest at the later of the next annual shareholders meeting or one year after the grant date. Following this grant, Gupta directly holds 77,346 shares of common stock.

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^*

Gupta Rahul

(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	77,346	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.
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FAQ

What did Mitek Systems (MITK) director Rahul Gupta report in this Form 4?

Rahul Gupta reported receiving 11,448 restricted stock units of Mitek Systems common stock. These units represent his annual equity grant as a non-employee director and are part of the company’s regular director compensation program tied to its annual shareholders meeting.

How many Mitek Systems (MITK) shares does Rahul Gupta hold after this grant?

After the reported grant, Rahul Gupta holds 77,346 shares of Mitek Systems common stock directly. This total includes the newly granted 11,448 restricted stock units, which are subject to vesting conditions linked to the company’s next annual shareholders meeting or one-year period.

What are the vesting terms of Rahul Gupta’s new Mitek (MITK) restricted stock units?

The 11,448 restricted stock units granted to Rahul Gupta vest at the later of the next annual shareholders meeting or one year after the March 3, 2026 grant date. Vesting must satisfy this timing condition before the units convert into shares.

Was any purchase price paid for Rahul Gupta’s Mitek Systems (MITK) stock grant?

The grant to Rahul Gupta shows a transaction price per share of 0.0000, indicating no cash purchase price for these restricted stock units. This reflects their nature as a compensatory equity award under the non-employee director compensation program.

What type of transaction is reported for Mitek Systems (MITK) director Rahul Gupta?

The transaction is classified as an acquisition of common stock through a grant or award. The Form 4 lists transaction code "A" and describes it as a grant, award, or other acquisition of 11,448 restricted stock units of Mitek Systems common stock.

Is Rahul Gupta’s Mitek Systems (MITK) equity grant part of a regular program?

Yes. The footnote explains the 11,448 restricted stock units represent the annual equity grant Mitek Systems makes to its non-employee directors. This is provided as part of the company’s director compensation program connected to its annual meeting of stockholders each year.