VerifyMe: Adam Stedham reports 0.6% ownership

VerifyMe, Inc. (renamed OpenWorld, Inc. effective October 1, 2026) reported Adam H. Stedham's beneficial ownership of 83,361 common shares, or 0.6%, as of September 30, 2026.

Rhea-AI Filing Summary

VerifyMe, Inc. (renamed OpenWorld, Inc. effective October 1, 2026) reported Adam H. Stedham's beneficial ownership of 83,361 common shares, or 0.6%, as of September 30, 2026. Stedham, President of Precision Logistics, had sole voting and dispositive power. His reported amount includes 2,860 vested RSUs payable one-for-one in shares upon separation from the issuer. After the merger closed on September 30, Stedham ceased to be a five-percent-or-greater beneficial owner.

On September 30, 55,000 of his RSUs vested into shares, and 18,590 shares were withheld for tax obligations at $8.14 per share. The reported figures reflect the issuer's 1-for-10 reverse stock split effected September 29, 2026.

Filing Explained

The filing also says Adam H. Stedham and OpenWorld are parties to an amended employment agreement dated February 11 that took effect when the merger closed on September 30; its full description is in the September 30 Form 8-K.

Key Figures

Beneficial ownership: 83,361 shares Ownership percentage: 0.6% Shares issued and outstanding: 13,407,360 shares +4 more

7 metrics

Beneficial ownership 83,361 shares As of September 30, 2026

Ownership percentage 0.6% As of September 30, 2026

Shares issued and outstanding 13,407,360 shares As of September 30, 2026, following the merger

RSUs vested 55,000 RSUs September 30, 2026

Shares withheld for tax obligations 18,590 shares September 30, 2026

Per-share price for tax withholding $8.14 per share September 30, 2026

Vested RSUs included in beneficial ownership 2,860 RSUs Payable one-for-one in shares upon separation from the issuer

Key Terms

beneficially own, sole dispositive power, vested restricted stock units (RSUs), 1-for-10 reverse stock split, +1 more

5 terms

beneficially own financial

"may be deemed to beneficially own, in the aggregate, 83,361 Shares"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

sole dispositive power financial

"sole voting and sole dispositive power with respect to 83,361 Shares"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

vested restricted stock units (RSUs) financial

"2,860 vested restricted stock units (RSUs) that become payable"

1-for-10 reverse stock split financial

"reflect the Issuer's 1-for-10 reverse stock split effected on September 29, 2026"

exit filing regulatory

"constitutes an exit filing for Mr. Stedham"

Stock Split

1-for-10 reverse split · Effective September 29, 2026

Split Ratio 1-for-10 reverse split

Effective Date September 29, 2026

FAQ

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

How many shares did Adam H. Stedham beneficially own in VRME?

Adam H. Stedham reported beneficial ownership of 83,361 shares, or 0.6%, as of September 30, 2026, with sole voting and dispositive power. The amount included 2,860 vested RSUs payable one-for-one in shares upon separation from the issuer.

How many VRME shares were withheld from Adam H. Stedham for taxes?

18,590 shares were withheld for tax obligations on September 30, 2026, at $8.14 per share. On that date, 55,000 of Stedham's RSUs vested into shares on a one-for-one basis.

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

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Available on EDGAR 10/02/2026 - 04:34 PM Accepted by SEC EDGAR 10/02/2026 - 04:33 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

OpenWorld, Inc.

(Name of Issuer)

Common stock, par value $0.001 per share

(Title of Class of Securities)

92346X305

(CUSIP Number)

Alexander R. McClean, Esq.
Harter Secrest & Emery LLP, 1600 Bausch & Lomb Place
Rochester, NY, 14604
585-231-1248

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/30/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 92346X305

1

Name of reporting person

Stedham Adam H

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO, PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 83,361.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 83,361.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

83,361.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The figures included in rows 7, 9 and 11 above include 2,860 vested restricted stock units (RSUs) that become payable, on a one-for-one basis, in shares of common stock of the issuer upon separation of Mr. Stedham's service from the issuer. The percentage in row 13 above is based on (i) 13,407,360 shares of common stock issued and outstanding as of September 30, 2026, as reported in the issuer's Form 8-K filed on September 30, 2026; and (ii) 2,860 vested RSUs that become payable, on a one-for-one basis, in shares of common stock of the issuer upon separation of Mr. Stedham's service from the issuer.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common stock, par value $0.001 per share
(b)	Name of Issuer: OpenWorld, Inc.
(c)	Address of Issuer's Principal Executive Offices: 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY, FLORIDA , 32746.
Item 1 Comment: The initial statement on Schedule 13D was filed on August 7, 2026 (the Initial Schedule 13D) by Adam H. Stedham (Mr. Stedham), relating to the shares of common stock, par value $0.001 per share (Shares) of OpenWorld, Inc., a Nevada corporation (the Issuer). The Initial Schedule 13D, as amended by Amendment No. 1 filed on August 26, 2026, is hereby further amended with respect to the matters set forth below in this Amendment No. 2. Unless otherwise indicated herein, there are no material changes to the information set forth in the Initial Schedule 13D. The filing of this Amendment No. 2 constitutes an exit filing for Mr. Stedham. The figures set forth is this Schedule 13D (Amendment No. 2) reflect the Issuer's 1-for-10 reverse stock split effected on September 29, 2026. The Issuer changed its name from "VerifyMe, Inc." to "OpenWorld, Inc.", effective October 1, 2026.
Item 2.	Identity and Background
(a)	This Schedule 13D (Amendment No. 2) is being filed by Adam H. Stedham, who is the President of Precision Logistics of the Issuer.
(b)	The principal business address of Mr. Stedham is c/o OpenWorld, Inc. 801 International Parkway, Fifth Floor, Lake Mary, Florida 32746.
(c)	The present principal occupation of Mr. Stedham is acting as the President of Precision Logistics of the Issuer.
Item 4.	Purpose of Transaction
	In accordance with the terms of the Agreement and Plan of Merger by and among VerifyMe, Inc., VRME Subsidiary Corp. and Open Word Ltd. (the Merger), the Merger closed on September 30, 2026. A full description of the closing of the Merger is located in the Issuer's Form 8-K filed with the SEC on September 30, 2026. Immediately after giving effect to the Merger, there were approximately 13,407,360 Shares of common stock issued and outstanding, resulting in Mr. Stedham ceasing to be a five percent or greater beneficial owner of the Issuer.
Item 5.	Interest in Securities of the Issuer
(a)	As of the date of this Schedule 13D (Amendment No. 2), Mr. Stedham may be deemed to beneficially own, in the aggregate, 83,361 Shares of the Issuer.
(b)	As of the date of this Schedule 13D (Amendment No. 2), Mr. Stedham has sole voting and sole dispositive power with respect to 83,361 Shares of the Issuer. Mr. Stedham does not have shared voting or shared dispositive power with respect to the Shares.
(c)	On September 30, 2026, 55,000 RSUs held by Mr. Stedham had vested into Shares on a one-for-one basis. In connection with such vesting, Mr. Stedham had 18,590 Shares withheld for tax withholding obligations, with a per Share price of $8.14, as reported in Mr. Stedham's beneficial ownership report on Form 4 filed with the SEC on September 30, 2026.
(d)	Not applicable.
(e)	Mr. Stedham ceased to be the beneficial owner of more than five percent of the Issuer's securities effective September 30, 2026.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Mr. Stedham and the Issuer are party to an amended and restated employment agreement, dated February 11, 2026, that became effective upon the closing of the Merger on September 30, 2026. A full description of the amended and restated employment agreement is located in the Issuer's Form 8-K filing filed on September 30, 2026.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Stedham Adam H

Signature:	/s/ Adam H. Stedham
Name/Title:	Adam H. Stedham
Date:	10/02/2026