secwatch.observer — SEC 8-K summary
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Issuer:     AWARE INC /MA/ (AWRE)
CIK:        0001015739
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-157286
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Aware Inc. sets 2026 executive bonus plan; CEO target $200k, based on revenue and adjusted EBITDA
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- CEO Ajay Amlani target bonus $200k; CRO Brian Krause and CMO Lona Therrien each $120k; CFO David Traverse $100k.
- Performance goals: Revenue (50% weight) and Adjusted EBITDA (50% weight); bonuses require EBITDA above defined threshold.
- Payouts range from 25% of target at threshold to 100% at target; enhanced targets allow up to 200% of target bonus.
- No specific threshold or target numbers disclosed; plan applies to 2026 performance year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015739/000119312526157286/0001193125-26-157286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015739/000119312526157286/awre-20260413.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-157286

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