---
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"
generated_at: "2026-05-23T05:24:57.442450+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mitek appoints Garrett Gafke as COO with $4M inducement equity grant tied to stock performance

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807863-25-000069
- JSON: https://secwatch.observer/filing/0000807863-25-000069.json
- Plain text: https://secwatch.observer/filing/0000807863-25-000069.txt

## Key facts
- Executive change
  Garrett Gafke was appointed as Chief Operating Officer at MITEK SYSTEMS INC.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/807863/000080786325000069/0000807863-25-000069-index.htm

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