VRME insider updates holdings after RSU vesting and tax withholding
Rhea-AI Filing Summary
VerifyMe, Inc. (VRME): Insider equity transaction reported. Officer Fred Volk III reported RSU activity and share withholding. On 11/02/2025, 13,334 restricted stock units vested and converted into common stock on a one-for-one basis, coded “M.” To cover taxes at vesting, 5,305 shares were withheld at $0.9858, coded “F.” Following these transactions, beneficial ownership stands at 64,809 common shares (direct).
Outstanding equity awards include 12,500 RSUs scheduled to vest on 01/01/2026, and 75,000 performance-based RSUs vesting in tranches upon stock price hurdles of $2.21, $2.94, and $3.68 sustained for 20 consecutive trading days prior to June 18, 2027, with continued employment conditions as specified.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: RSU vesting, tax withholding, and remaining awards.
The filing documents standard equity events: 13,334 RSUs vested on 11/02/2025 and converted to common stock at a one-for-one rate. To satisfy tax obligations, 5,305 shares were withheld at $0.9858. Post-transaction direct beneficial ownership is 64,809 shares.
Unvested grants include 12,500 RSUs set to vest on 01/01/2026 and 75,000 performance-based RSUs with price hurdles at $2.21, $2.94, and $3.68 that must be maintained for 20 consecutive trading days before June 18, 2027, alongside continued employment conditions.
This is administrative in nature and does not, by itself, alter the investment thesis. Any future impact depends on share price performance relative to the disclosed hurdles and service conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,334 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 13,334 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 5,305 | $0.9858 | $5K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- These restricted stock units ("RSUs") vested on 11/2/2025 and converted into common stock on a one-for-one basis. Shares withheld to cover tax withholdings obligations upon the vesting of RSUs. These RSUs vest on 1/1/2026, except as otherwise provided in the award notice. These RSUs vest in three tranches. Tranche 1 will vest 20,000 shares of common stock after the Reporting Person's continued employment on or after June 18, 2025 if the price of the Company's common stock increases to $2.21 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 2 will vest 25,000 shares after the Reporting Person's continued employment on or after June 18, 2025 if the price of the Company's common stock increases to $2.94 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 3 will vest 30,000 shares after the Reporting Person's continued employment on June 18, 2027 if the price of the Company's common stock increases to $3.68 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027.