{"schema_version":"secwatch.filing_event.v1","accession":"0000807863-24-000101","form_type":"8-K","ticker":"MITK","cik":"0000807863","company_name":"MITEK SYSTEMS INC","filed_at":"2024-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.062872+00:00","generated_at":"2026-05-30T22:53:54.987325+00:00","sec_items":["3.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mitek appoints Edward H. West as CEO, grants $8M inducement equity awards","bullets":["Ed West appointed CEO and Board member effective October 1, 2024; Scott Carter returns to non-executive chairman.","West receives $500K annual salary, $250K sign-on bonus, and target annual bonus of 100% of base salary.","Inducement awards: $8M total grant date value — $6.375M in performance-based RSUs (Russell 2000 and stock price targets) and $1.625M in time-based RSUs vesting over 4 years.","West previously served as CEO of Cardtronics plc, leading its transformation from hardware to fintech solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0000807863-24-000101","json":"https://secwatch.observer/filing/0000807863-24-000101.json","markdown":"https://secwatch.observer/filing/0000807863-24-000101.md","text":"https://secwatch.observer/filing/0000807863-24-000101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000101/0000807863-24-000101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000101/mitk-20241001.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T22:53:54.987325+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"acad00f685","claim":"Kimberly Stevenson changed role as Lead Independent Director at MITEK SYSTEMS INC.","evidence_excerpt":"Kimberly Stevenson, who currently serves as the Board’s lead independent director, will cease serving in such capacity and will continue to serve on the Board and as a member of the Board’s audit committee and chair of the Board’s compensation committee.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000101/0000807863-24-000101-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceases serving"},{"label":"Role","value":"Lead Independent Director"}]},{"claim_id":"d6a74213a8","claim":"Edward H. West was appointed as Chief Executive Officer at MITEK SYSTEMS INC.","evidence_excerpt":"On October 1, 2024, Mitek Systems, Inc. (the “Company”) announced that Edward H. West was appointed as the Company’s Chief Executive Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000101/0000807863-24-000101-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}]},{"claim_id":"f5f5659e32","claim":"Scott Carter changed role as Non-executive Chairman of the Board at MITEK SYSTEMS INC.","evidence_excerpt":"Scott Carter, who has served as the Company’s interim Chief Executive Officer since June 2024, is returning to his role as the Company’s non-executive chairman of the Board, effective October 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000101/0000807863-24-000101-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"returning to"},{"label":"Role","value":"Non-executive Chairman of the Board"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}