secwatch.observer — SEC 8-K summary
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Issuer:     AWARE INC /MA/ (AWRE)
CIK:        0001015739
Form:       8-K
Filed at:   2025-06-16T23:59:59+00:00
Accession:  0000950170-25-086695
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Ajay Amlani to receive 75% of 2026-2027 base salary in restricted stock units
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- Base salary of $400K for 2026 and 2027: 25% cash ($100K) and 75% RSUs ($300K value per year).
- RSU grant of 354,600 shares, $600K fair value based on $1.692 average closing price.
- RSUs vest monthly in 24 equal installments from Jan 16, 2026 through Dec 16, 2027.
- Severance tied to base salary paid in cash; RSU award does not accelerate upon severance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015739/000095017025086695/0000950170-25-086695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015739/000095017025086695/awre-20250613.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-086695

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer