VRME insider: Howard Goldberg receives 35,000 restricted shares; ownership 373,662
Rhea-AI Filing Summary
The filing shows that Howard Goldberg, a director of VerifyMe, Inc. (VRME), was granted 35,000 shares of restricted common stock on 10/09/2025 at a $0 purchase price under the 2020 Equity Incentive Plan. The award generally vests on the first anniversary of the grant date. Following the grant, the reporting person beneficially owns 373,662 shares in total, which includes 89,310 vested restricted stock units that become payable one-for-one in shares upon separation of service as a director. The Form 4 was signed by an attorney-in-fact on 10/10/2025.
Positive
- 35,000 restricted shares granted to align director incentives with shareholders
- Total beneficial ownership increased to 373,662 shares, strengthening director stake
- 89,310 vested RSUs payable on separation provide additional deferred compensation that vests one-for-one into shares
Negative
- None.
Insights
Director received a time‑based restricted stock award that increases ownership and aligns interests with shareholders.
The 35,000-share restricted stock grant vests typically after one year, creating a retention link between the director and the company. The grant at a $0 price reflects a compensatory award under the 2020 Equity Incentive Plan.
Key dependencies include the vesting schedule and continued service as a director; the filing also discloses 89,310 vested restricted stock units payable on separation, which could convert to shares on termination. Monitor equity dilution and timing around the one-year vesting date beginning 10/09/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 | 35,000 | $0.00 | -- |
Footnotes (1)
- This restricted stock award was granted under the VerifyMe, Inc. 2020 Equity Incentive Plan and, except as otherwise provided in the award notice, vests on the first anniversary of the grant date. Includes 89,310 vested restricted stock units that become payable, on a one-for-one basis, in shares of common stock of VerifyMe, Inc. upon separation of the reporting person's service as a director.