VerifyMe (VRME) Form 4: 13,334 RSUs vested; 4,293 shares withheld
VerifyMe (VRME) reported insider equity activity by its SVP, Technology and CIO.
Rhea-AI Filing Summary
VerifyMe (VRME) reported insider equity activity by its SVP, Technology and CIO. On 11/02/2025, 13,334 RSUs vested and converted one-for-one into common stock; 4,293 shares were withheld at $0.9858 to cover taxes.
Following these transactions, the officer directly owns 50,395 common shares. Unvested awards include 11,812 RSUs scheduled to vest on 1/1/2026 and 75,000 performance-based RSUs vesting in three tranches tied to share-price targets of $2.21, $2.94, and $3.68 before 6/18/2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,334 shares exercised/converted
Exercise
5 txns
Insider
Wang Jack
Role
SVP, Technology and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,334 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 13,334 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 4,293 | $0.9858 | $4K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 86,812 contracts (Direct);
Common Stock, par value $0.001 per share — 50,395 shares (Direct)
Footnotes (4)
- F1. These restricted stock units ("RSUs") vested on 11/2/2025 and converted into common stock on a one-for-one basis.
- F2. Shares withheld to cover tax withholding obligations upon the vesting of RSUs.
- F3. These RSUs vest on 1/1/2026, except as otherwise provided in the award notice.
- F4. These RSUs vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 20,000 shares of common stock after the reporting person's continued employment on or after June 18, 2024 if the price of the issuer'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 issuer'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 issuer'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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did VerifyMe (VRME) disclose in this Form 4?
An officer reported 13,334 RSUs vested on 11/02/2025, converting to common stock, with 4,293 shares withheld at $0.9858 for taxes.
What unvested RSUs remain for the VerifyMe (VRME) officer?
Unvested awards include 11,812 RSUs scheduled to vest on 1/1/2026 and 75,000 performance-based RSUs subject to price targets.
What are the performance vesting targets tied to the 75,000 RSUs at VRME?
Tranches target share prices of $2.21, $2.94, and $3.68, each requiring 20 consecutive trading days at or above the target before 6/18/2027.
Who is the reporting person in the VRME Form 4?
An officer serving as SVP, Technology and CIO reported the transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.