VerifyMe: Stedham converts 55,000 stock units to shares

Reported share amounts reflect VerifyMe's 1-for-10 reverse stock split effected on September 29, 2026.

This filing corrects an earlier one, and you can read the original Form 4 if you want to see what changed.

Rhea-AI Filing Summary

VerifyMe, Inc. (VRME) reports that Adam H. Stedham, President, Precision Logistics, had 55,000 restricted stock units vest on September 30, 2026, converting one-for-one into common stock. 18,590 shares were withheld to cover tax obligations. Separately, 2,860 vested RSUs become payable in common shares upon separation from service. The reported figures reflect a 1-for-10 reverse stock split effected September 29, 2026.

Insider Trade Summary

55,000 shares exercised/converted

Exercise 3 txns

Insider Stedham Adam H

Role President, Precision Logistics

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1	55,000	$0.00	$0.00
Exercise	Common Stock, par value $0.001 per share F1, F2	55,000	$0.00	$0.00
Tax Withholding	Common Stock, par value $0.001 per share F3, F2	18,590	$8.14	$151K

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock, par value $0.001 per share — 83,361 shares (Direct)

Footnotes (3)

1. F1. These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026.
2. F2. Includes 2,860 vested RSUs that become payable, on a one-for-one basis, in shares of common stock upon separation of the Reporting Person's service from the issuer.
3. F3. Shares withheld to cover tax withholding obligations on the vesting of RSUs.

Key Figures

Restricted stock units vested: 55,000 RSUs Common shares from RSU conversion: 55,000 shares Shares withheld for taxes: 18,590 shares +3 more

6 metrics

Restricted stock units vested 55,000 RSUs September 30, 2026

Common shares from RSU conversion 55,000 shares Converted one-for-one on September 30, 2026

Shares withheld for taxes 18,590 shares Withheld to cover tax obligations on RSU vesting

Reported price per share $8.14 per share Shares withheld for tax obligations

Vested RSUs payable upon separation 2,860 RSUs Payable in common shares upon separation from service

Reverse stock split 1-for-10 Effected September 29, 2026

Key Terms

Restricted Stock Units, one-for-one basis, tax withholding obligations, reverse stock split

4 terms

Restricted Stock Units technical

"These restricted stock units, which converted into common stock on a one-for-one basis"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

one-for-one basis technical

"converted into common stock on a one-for-one basis"

tax withholding obligations financial

"Shares withheld to cover tax withholding obligations"

reverse stock split financial

"issuer's 1-for-10 reverse stock split effected on September 29, 2026"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did VerifyMe (VRME) President, Precision Logistics Adam H. Stedham receive from vested RSUs?

Adam H. Stedham's 55,000 restricted stock units vested on September 30, 2026, and converted one-for-one into common shares; 18,590 shares were withheld to cover tax obligations. Separately, 2,860 vested RSUs become payable in common shares upon separation from service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/02/2026 - 04:28 PM Accepted by SEC EDGAR 10/02/2026 - 04:28 PM Learn about SEC filing dates

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^*

Stedham Adam H

(Last) (First) (Middle)

C/O VERIFYME, INC.

801 INTERNATIONAL PARKWAY, FIFTH FLOOR

(Street)

LAKE MARY FLORIDA 32746

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OpenWorld, Inc. [ OPNW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Precision Logistics

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
09/30/2026

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, par value $0.001 per share	09/30/2026		M		55,000	A	$0(1)	101,951(2)	D
Common Stock, par value $0.001 per share	09/30/2026		F		18,590(3)	D	$8.14	83,361(2)	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
Restricted Stock Units	$0(1)	09/30/2026		M			55,000	(1)	(1)	Common Stock, par value $0.001 per share	55,000	$0	0	D

Explanation of Responses:

1. These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026.

2. Includes 2,860 vested RSUs that become payable, on a one-for-one basis, in shares of common stock upon separation of the Reporting Person's service from the issuer.

3. Shares withheld to cover tax withholding obligations on the vesting of RSUs.

Remarks:

The figures listed in this Form 4 reflect the issuer's 1-for-10 reverse stock split effected on September 29, 2026. Exhibit 24 - Power of Attorney

	/s/ Adam Stedham	10/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)