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

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

Rhea-AI Filing Summary

Mitek Systems Inc director Donna Wells acquired 11,448 shares of common stock in the form of restricted stock units granted on March 3, 2026 as her annual equity award for non-employee directors. Following this grant, she directly holds 89,732 shares. Shares from this award vest at the later of the next annual shareholders meeting or one year after the grant date.

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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*
Wells Donna

(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 89,732 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 did Mitek Systems (MITK) director Donna Wells report in this Form 4?

Donna Wells reported receiving a grant of 11,448 restricted stock units of Mitek Systems common stock on March 3, 2026. This award is part of the company’s annual equity grant program for non-employee directors tied to the annual shareholders meeting.

How many Mitek Systems (MITK) shares does Donna Wells hold after this grant?

After the reported grant, Donna Wells directly holds 89,732 shares of Mitek Systems common stock. This total includes the newly granted 11,448 restricted stock units, which were awarded as part of the non-employee director compensation program.

What are the vesting terms of Donna Wells’ 11,448 restricted stock units at Mitek Systems (MITK)?

The 11,448 restricted stock units vest at the later of the date of Mitek Systems’ next annual shareholders meeting or one year after the March 3, 2026 grant date. Vesting is therefore tied both to time and the company’s annual meeting schedule.

Was there a purchase price for the 11,448 Mitek Systems (MITK) restricted stock units granted to Donna Wells?

The Form 4 shows a per-share transaction price of $0.0000 for the 11,448 restricted stock units. This indicates the award was granted as compensation to the non-employee director, rather than acquired through an open-market cash purchase.

Why did Mitek Systems (MITK) grant 11,448 restricted stock units to Donna Wells?

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

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674.31M
44.12M
Software - Application
Computer Peripheral Equipment, Nec
Link
United States
SAN DIEGO