Mitek Systems (MITK) grants 11,448 restricted stock units to director
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,448 shares
Net Buy
1 txn
Insider
Wells Donna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,448 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 89,732 shares (Direct)
Footnotes (1)
- F1. 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.
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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.
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.