---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-004600"
form_type: "8-K"
ticker: "VRME"
cik: "0001104038"
company_name: "VerifyMe, Inc."
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T16:34:49.601061+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# VerifyMe approves short-term bonus plan for CFO and EVP; CEO bonus now payable in cash or stock

## Summary
- Compensation Committee approved a short-term incentive cash bonus plan for most employees, including CFO Nancy Meyers and EVP Curt Kole.
- CFO Meyers eligible for up to 15% of base salary; EVP Kole eligible for up to 6% of base salary, with upward adjustments possible.
- Bonus based 50% on Adjusted EBITDA target and 50% on revenue target; bonus can increase up to 150% if revenue exceeded.
- CEO Adam Stedham's annual bonus can now be paid at his discretion in cash or common stock based on 30-day VWAP.

## SEC filing metadata
- accession: 0001214659-24-004600
- form_type: 8-K
- ticker: VRME
- cik: 0001104038
- company_name: VerifyMe, Inc.
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104038/000121465924004600/0001214659-24-004600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104038/000121465924004600/d3152418k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-004600
- JSON: https://secwatch.observer/filing/0001214659-24-004600.json
- Plain text: https://secwatch.observer/filing/0001214659-24-004600.txt

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