{"schema_version":"secwatch.filing_event.v1","accession":"0000807863-25-000069","form_type":"8-K","ticker":"MITK","cik":"0000807863","company_name":"MITEK SYSTEMS INC","filed_at":"2025-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.348539+00:00","generated_at":"2026-05-23T05:24:57.442450+00:00","sec_items":["3.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mitek appoints Garrett Gafke as COO with $4M inducement equity grant tied to stock performance","bullets":["Garrett Gafke appointed COO effective April 25, 2025; base salary $425K, target bonus 75% of base.","Inducement awards: $4M grant date fair value, 75% in PSUs tied to Russell 2000 stock price performance, 25% in time-based RSUs vesting over 4 years.","PSUs: 360,576 at target (up to 721,152 for above-target) based on company vs Russell 2000 stock price goals.","Cash sign-on bonus of $187,500; severance provisions include 100% base+target for non-CIC, 150% for change-of-control.","Gafke previously President of Intellicheck and founder/CEO of IdentityMind (acquired by GB Group)."],"urls":{"canonical":"https://secwatch.observer/filing/0000807863-25-000069","json":"https://secwatch.observer/filing/0000807863-25-000069.json","markdown":"https://secwatch.observer/filing/0000807863-25-000069.md","text":"https://secwatch.observer/filing/0000807863-25-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/807863/000080786325000069/0000807863-25-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/807863/000080786325000069/mitk-20250425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T05:24:57.442450+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":"e96e9fca39","claim":"Garrett Gafke was appointed as Chief Operating Officer at MITEK SYSTEMS INC.","evidence_excerpt":"On April 25, 2025, Mitek Systems, Inc. (the “Company”) appointed that Garret Gafke was appointed as the Company’s Chief Operating Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/807863/000080786325000069/0000807863-25-000069-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}