---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-008078"
form_type: "8-K"
ticker: "VRME"
cik: "0001104038"
company_name: "VerifyMe, Inc."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:10:53.442998+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# VerifyMe appoints Adam Stedham as CEO effective June 19, 2023

## Summary
- Adam Stedham named CEO, replacing interim CEO Scott Greenberg who stays as Chairman.
- Stedham receives $300k base salary, bonus up to 50% base based on Adjusted EBITDA.
- Equity grants: 34,014 RSA, 204,082 time-based RSUs (3-yr vest), 550,000 PSUs with price targets ($2.21/$2.94/$3.68).
- Stedham previously led GP Strategies (sold for ~$400M, revenue >$450M).
- Employment agreement initial term 2 years; severance provisions included for termination without cause.

## SEC filing metadata
- accession: 0001214659-23-008078
- form_type: 8-K
- ticker: VRME
- cik: 0001104038
- company_name: VerifyMe, Inc.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104038/000121465923008078/0001214659-23-008078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104038/000121465923008078/x5262308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-008078
- JSON: https://secwatch.observer/filing/0001214659-23-008078.json
- Plain text: https://secwatch.observer/filing/0001214659-23-008078.txt

## Key facts
- Executive change
  Adam Stedham was appointed as Chief Executive Officer at VerifyMe, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On May 24, 2023, the board of directors (the “Board”) of VerifyMe, Inc. (the “Company”) appointed Mr. Adam Stedham to serve as Chief Executive Officer of the Company, effective June 19, 2023 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104038/000121465923008078/0001214659-23-008078-index.htm

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