---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-067993"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:41:59.548222+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "medium"
source: SEC EDGAR
---

# Aware promotes David Traverse to CFO effective June 1, 2024; salary raised to $230,000

## Summary
- David Traverse's title changed from Principal Financial Officer to CFO, effective June 1, 2024.
- Annual base salary increased to $230,000; target bonus set at $92,000 (40% of base).
- Company posted an updated investor presentation on its website on May 30, 2024.
- No specific new financial or operational data disclosed in the presentation excerpt.

## SEC filing metadata
- accession: 0000950170-24-067993
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: medium
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015739/000095017024067993/0000950170-24-067993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000095017024067993/awre-20240530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-067993
- JSON: https://secwatch.observer/filing/0000950170-24-067993.json
- Plain text: https://secwatch.observer/filing/0000950170-24-067993.txt

## Key facts
- Executive change
  David Traverse changed role as Chief Financial Officer at AWARE INC /MA/.
  - Action: changed
  - Role: Chief Financial Officer
  source text: Effective June 1, 2024, we changed David Traverse’s title from Principal Financial Officer to Chief Financial Officer and we increased his annual base salary to $230,000 with a variable annual target bonus of $92,000, which is equal to 40% of his annual base salary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015739/000095017024067993/0000950170-24-067993-index.htm

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