secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2023-03-28T23:59:59+00:00
Accession:  0001213900-23-023408
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID appoints Rhoniel Daguro as CEO, former CEO Thimot departs
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- Thomas Thimot resigned as CEO effective March 23, 2023; enters separation agreement with $325K deferred payment.
- Rhoniel Daguro appointed CEO; base salary $400K, annual bonus target up to $375K based on bookings milestones.
- Daguro receives initial option grant for 2,455,000 shares; additional grant of 1,115,000 shares subject to plan availability.
- Former CEO Thimot's option for 262,500 shares at $7.20 extended through March 23, 2027; all unvested equity lapsed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023023408/0001213900-23-023408-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023023408/ea175837-8k_authid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-023408

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