---
schema_version: "secwatch.filing_event.v1"
accession: "0000807863-25-000013"
form_type: "8-K"
ticker: "MITK"
cik: "0000807863"
company_name: "MITEK SYSTEMS INC"
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:49:20.884820+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000807863-25-000013
- form_type: 8-K
- ticker: MITK
- cik: 0000807863
- company_name: MITEK SYSTEMS INC
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/807863/000080786325000013/0000807863-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/807863/000080786325000013/mitk-20250128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807863-25-000013
- JSON: https://secwatch.observer/filing/0000807863-25-000013.json
- Plain text: https://secwatch.observer/filing/0000807863-25-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.