VerifyMe (VRME) Former SVP Jack Wang Receives RSU Shares

What Happened
Jack Wang, former Senior Vice President of VerifyMe, had restricted stock units (RSUs) vest on September 30, 2026. The RSUs converted one-for-one into 7,500 shares of common stock (exercise/conversion price $0). To cover tax withholding upon vesting, 2,224 shares were withheld and surrendered (withheld at $8.14/share, total value $18,103). The filing notes these figures reflect a 1-for-10 reverse stock split effective September 29, 2026.

Key Details

• Transaction date: 2026-09-30 (vesting/conversion and tax withholding)
• Conversion: 7,500 RSUs converted to 7,500 common shares (M code; $0 exercise price)
• Tax withholding: 2,224 shares withheld (F code) at $8.14 each, totaling $18,103
• Footnotes: F1 — RSUs converted on a one-for-one basis and vested 9/30/2026; F2 — shares withheld to cover taxes upon vesting
• Shares owned after the transaction: not stated in the filing
• Timeliness: Form filed 2026-09-30 for transactions on 2026-09-30 (no late filing indicated)

Context
This was a routine RSU vesting and conversion, not an open-market buy or voluntary sale (aside from shares withheld to satisfy taxes). Share withholding to cover tax obligations is common and does not necessarily indicate a change in insider sentiment. The reverse 1-for-10 split noted in the filing affects the reported share counts.