Mitek Systems adopts FY2025 incentive plan; CEO target 100% of salary

MITEK SYSTEMS INC

Board approved 2025 annual cash bonus plan on Jan 28, 2025, for executives and employees.
CEO bonus target set at 100% of annual salary; CFO 65%; CLO 60%; top product execs 50%.
Bonuses tied to revenue and Adjusted EBITDA targets for Deposits and Identity segments.
Maximum payout is 200% of target; director-level and above weighted 50% revenue/50% EBITDA.
Individual objectives account for 20% of target for non-director participants.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.