Jisser Ken 4

What Happened

• Jisser Ken, a director of authID Inc. (AUID), reported purchases on 2026-04-29. He acquired 30,120 shares of common stock at $1.245 per share (about $37,499 total) and received 250,000 warrants to purchase common stock (a derivative) with no cash consideration reported.

Key Details

• Transaction date: 2026-04-29; filing date: 2026-05-01 (timely filed).
• Equity acquired: 30,120 common shares at $1.245/share (≈ $37,499).
• Derivative acquired: 250,000 warrants (exercise price $1.50, five-year term); reported acquisition price $0.
• Warrants not exercisable until 10/29/2026 (per footnote).
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes from the filing:
  • F1: Shares underlying stock options vest monthly over 12 months.
  • F2: Shares vest annually in equal amounts over three years.
  • F3: Confirms acquisition details: 30,120 common shares at $1.245/share and 250,000 warrants (exercise $1.50, 5-year term, not exercisable until 10/29/2026).

Context

• The 30,120-share purchase is a straight buy (a purchase is often viewed as a stronger indicator of positive insider sentiment than a sale, though no motive can be inferred).
• The 250,000 instruments are warrants (a derivative right to buy stock later). They require paying the $1.50 exercise price and cannot be exercised until 10/29/2026, so they do not immediately increase share count unless exercised.