authID Inc. 8-K

What Happened
authID Inc. filed a Form 8‑K on May 11, 2026 reporting that director Shrikrishna Venkataraman resigned from the Board and all Board committees effective May 5, 2026 to focus on new professional commitments. The filing states the resignation was for personal reasons and was not due to any disagreement with the Company, its management, the Board, or any committee. On May 11, 2026 the Board appointed existing independent director Kunal Mehta to the Audit Committee, effective immediately; Mr. Mehta will remain a member of the Board.

Key Details

• Resignation: Shrikrishna Venkataraman resigned effective May 5, 2026.
• Reason: Personal reasons to dedicate time to new professional commitments; no disagreements with the Company were reported.
• Appointment: Kunal Mehta, an existing independent director, was appointed to the Audit Committee effective May 11, 2026.
• Status: Mr. Mehta continues to serve on the Board in addition to the Audit Committee role.

Why It Matters
Board and committee changes affect corporate governance and oversight. The Audit Committee oversees financial reporting and controls, so the appointment maintains committee membership without indicating any dispute or operational issues. For investors, this is primarily a governance update — the filing does not report financial impacts or disagreements that would suggest immediate material risk to company operations or financial statements.