---
schema_version: "secwatch.filing_event.v1"
accession: "0000807863-26-000009"
form_type: "8-K"
ticker: "MITK"
cik: "0000807863"
company_name: "MITEK SYSTEMS INC"
filed_at: "2026-02-20T23:59:59+00:00"
generated_at: "2026-05-16T01:36:49.916782+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Mitek Systems adopts annual incentive plan tying bonuses to revenue and adjusted EBITDA

## Summary
- Plan covers full-time employees including executives; bonuses tied to revenue and adjusted EBITDA.
- Director-level and above: 50% revenue, 50% adjusted EBITDA; others: 40% each plus 20% individual objectives.
- Minimum threshold attainment required for each component; overachievement can yield up to 200% of target.
- CEO and direct reports: Board may modify payout by up to 10% based on individual contribution.

## SEC filing metadata
- accession: 0000807863-26-000009
- form_type: 8-K
- ticker: MITK
- cik: 0000807863
- company_name: MITEK SYSTEMS INC
- filed_at: 2026-02-20T23:59:59+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/807863/000080786326000009/0000807863-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/807863/000080786326000009/mitk-20260220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807863-26-000009
- JSON: https://secwatch.observer/filing/0000807863-26-000009.json
- Plain text: https://secwatch.observer/filing/0000807863-26-000009.txt

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