STOCK TITAN

VerifyMe’s McMeekin receives two stock-option awards

The Global Corporate President’s awards vest over three years subject to continuous service, with one-third vesting on the first anniversary.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

VerifyMe, Inc. (VRME) reported two direct stock-option awards to Global Corporate President Russel Harold McMeekin on September 30, 2026: 216,356 options with a $2.19 exercise price and 468,649 with a $6.54 exercise price. The options were received in exchange for options to acquire OpenWorld, Ltd. shares in its merger into OpenWorld, Inc.

Subject to continuous service, the options vest one-third on the first anniversary of the September 15, 2024 vesting commencement date, then one-thirty-sixth on the same day of each succeeding month, becoming fully vested on the third anniversary. The options expire December 10, 2035, and August 25, 2036, respectively.

Insider McMeekin Russel Harold
Role Global Corporate President
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) F2, F1 216,356 -- --
Grant/Award Stock Option (Right to Buy) F2, F1 468,649 -- --
Holdings After Transaction: Stock Option (Right to Buy) — 685,005 contracts (Direct)
Footnotes (2)
  1. F1. The vesting commencement date of these options is 9/15/2024 (the "Vesting Commencement Date"). Subject to reporting person's continuous service, 1/3rd of the options shall vest on the 1-year anniversary of the Vesting Commencement Date and, thereafter, 1/36th of the options shall vest on same day of each succeeding calendar month, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date.
  2. F2. Received in exchange for a stock option to acquire shares of OpenWorld, Ltd. in connection with the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026.
Option award 216,356 options Direct award on September 30, 2026; $2.19 exercise price
Exercise price $2.19 per share Option award dated September 30, 2026
Option award 468,649 options Direct award on September 30, 2026; $6.54 exercise price
Exercise price $6.54 per share Option award dated September 30, 2026
Initial vesting 1/3 of the options On the first anniversary of the September 15, 2024 vesting commencement date, subject to continuous service
Monthly vesting 1/36 of the options On the same day of each succeeding calendar month, subject to continuous service
Stock Option (Right to Buy) financial
"Stock-option awards"
Vesting Commencement Date financial
"vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
continuous service financial
"Subject to reporting person's continuous service"

FAQ

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

How many options did the VRME Global Corporate President receive?

Russel Harold McMeekin received two direct option awards on September 30, 2026: 216,356 options with a $2.19 exercise price and 468,649 options with a $6.54 exercise price. They were received in exchange for options to acquire OpenWorld, Ltd. shares in its merger into OpenWorld, Inc.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
McMeekin Russel Harold

(Last)(First)(Middle)
C/O OPENWORLD, 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Global Corporate President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$2.1909/30/2026A216,356 (1)12/10/2035Common Stock216,356(2)216,356D
Stock Option (Right to Buy)$6.5409/30/2026A468,649 (1)08/25/2036Common Stock468,649(2)468,649D
Explanation of Responses:
1. The vesting commencement date of these options is 9/15/2024 (the "Vesting Commencement Date"). Subject to reporting person's continuous service, 1/3rd of the options shall vest on the 1-year anniversary of the Vesting Commencement Date and, thereafter, 1/36th of the options shall vest on same day of each succeeding calendar month, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date.
2. Received in exchange for a stock option to acquire shares of OpenWorld, Ltd. in connection with the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026.
/s/ Jennifer L. Cola, Attorney-in-Fact for Russel Harold McMeekin10/02/2026
** Signature of Reporting PersonDate
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)

Keep reading