secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001213900-23-030640
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID appoints Thomas R. Szoke as CTO with $250K salary, 500K option grant
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- Thomas R. Szoke, former director and company founder, named CTO effective April 12, 2023.
- Initial base salary $250K; signing bonus $20,833; annual target bonus up to $200K.
- Amended 100,000-share option grant (strike $0.33) with time- and market-cap-based vesting.
- Company to grant additional 400,000-share option when shares become available under equity plan.
- Retention agreement provides severance of 100% base salary plus bonus upon change-of-control or involuntary termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023030640/0001213900-23-030640-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023030640/ea177091-8k_authid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-030640

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