VRME insider update: 13,334 RSUs convert; ownership 50,395 shares
Filing Impact
Filing Sentiment
Form Type
4
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
Mixed
5 txns
Insider
Wang Jack
Role
SVP, Technology and CIO
| 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 | 4,293 | $0.9858 | $4K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.001 per share — 54,688 shares (Direct)
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 withholding 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, 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
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.