Daguro Rhoniel 4
4 · authID Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
authID (AUID) CEO Daguro Rhoniel Receives Option Award
What Happened
Daguro Rhoniel, CEO of authID Inc. (AUID), was granted 800,248 derivative awards (stock options) on 2026-05-27. The grant shows an exercise price of $0.00 (no cash paid). According to the filing, these options are subject to vesting and other conditions; a large portion (650,248 options) is not exercisable unless the company’s 2026 Equity Incentive Plan is approved by shareholders.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (timely filing).
- Award: 800,248 options granted at $0.00 exercise price (derivative award).
- Contingent portion: 650,248 of the options are not exercisable until shareholder approval of the 2026 Equity Incentive Plan.
- Vesting: Options vest monthly over 12 months subject to continued service; overall vesting also tied to performance/service conditions and may vest in full on certain change-of-control terminations (per footnotes).
- Purpose note: Grant was intended to bring the CEO’s aggregate equity to ~6% of outstanding shares after current financings (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code: A = Award/Grant (derivative).
Context
This was a stock-option award (not a cash purchase or sale). Because most of the grant is contingent on shareholder approval of an equity plan, a large portion cannot be exercised yet. Option awards are a common executive compensation tool to align management with shareholder interests; they do not by themselves represent an immediate cash gain unless exercised and sold later.
Insider Transaction Report
- Award
Stock Options
[F2][F3]2026-05-27+800,248→ 800,248 totalExercise: $1.24From: 2027-05-27Exp: 2036-05-27→ Common Stock, $0.0001 par value per share (800,248 underlying)
- 24,833
Common Stock, $0.0001 par value per share
- 111,148
Stock Options
[F1]Exercise: $5.48From: 2023-06-28Exp: 2033-06-28→ Common Stock, $0.0001 par value per share (111,148 underlying) - 10,000
Stock Options
[F2]Exercise: $5.35From: 2025-06-04Exp: 2035-06-04→ Common Stock, $0.0001 par value per share (10,000 underlying) - 306,875
Stock Options
[F1]Exercise: $3.18From: 2023-04-10Exp: 2033-04-10→ Common Stock, $0.0001 par value per share (306,875 underlying)
Footnotes (3)
- [F1]The stock option vesting is subject to achievement of performance and service conditions, or as to the entire balance upon earlier termination on change of control.
- [F2]The stock option vesting is monthly over 12 months, subject to continued service to authID Inc.
- [F3]Of the 800,248 options granted, 650,248 options are not exercisable unless and until the Company's 2026 Equity Incentive Plan is approved by the Company's stockholders. Granted in order to bring his aggregate equity interest up to an amount equal to 6% of the Company's outstanding stock, after taking into account the shares issued and to be issued under the current financing rounds.