---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055172"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T09:37:05.674010+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Aware names David Traverse as PFO and Treasurer; CFO Barcelo departs Oct 24

## Summary
- David Barcelo resigns as CFO and Treasurer effective Oct 24, 2023; no dispute or disagreement cited.
- David Traverse, age 50, appointed Principal Financial Officer and Treasurer effective Oct 24, 2023.
- Traverse previously served as Corporate Controller since April 2020; his base salary is set at $215,000.
- Traverse is eligible for annual bonus and standard employee benefit plans; his employment is at-will.

## SEC filing metadata
- accession: 0000950170-23-055172
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015739/000095017023055172/0000950170-23-055172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000095017023055172/awre-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055172
- JSON: https://secwatch.observer/filing/0000950170-23-055172.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055172.txt

## Key facts
- Executive change
  David Barcelo resigned as Chief Financial Officer and Treasurer at AWARE INC /MA/.
  - Action: resigned
  - Role: Chief Financial Officer and Treasurer
  source text: The Company and David Barcelo agreed that Mr. Barcelo would leave the Company and resign as Chief Financial Officer and Treasurer of the Company, effective October 24, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015739/000095017023055172/0000950170-23-055172-index.htm
- Executive change
  David Traverse was appointed as Principal Financial Officer (PFO) and Treasurer at AWARE INC /MA/.
  - Action: appointed
  - Role: Principal Financial Officer (PFO) and Treasurer
  source text: Aware, Inc. (the “Company”) appointed David Traverse, age 50, as its Principal Financial Officer (PFO) and Treasurer, effective October 24, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015739/000095017023055172/0000950170-23-055172-index.htm

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