Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 31, 2026, Erick Soto, authID Inc.’s (the “Company”) Chief Product Officer resigned and the Company and Mr. Soto mutually agreed that Mr. Soto would depart from his position as Chief Product Officer of the Company, effective August 5, 2026.…
Filed Aug 6, 2026Accepted Aug 6, 2026, 5:15 PM EDTCIK 1534154Accession 0001213900-26-086236
authID (Nasdaq: AUID) ensures enterprises “Know Who's Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user's identity, leveraging a 1-in-1-billion false positive rate for the highest level of assurance, coupled with industry-leading speed and privacy-preserving technology. Its IDX platform secures the distributed workforce of employees and contractors, while enforcing authorization and accountability for AI agents. By creating a biometric root of trust for each user, authID stops fraud at onboarding, prevents account takeover, detects and stops deepfakes, eliminates password risks and costs, and provides the fastest, frictionless, and most accurate user identity experience in the industry.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02
Departure of Directors or
Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 31, 2026, Erick Soto, authID Inc.’s (the
“Company”) Chief Product Officer resigned and the Company and Mr. Soto mutually agreed that Mr. Soto would depart from his position as Chief Product Officer
of the Company, effective August 5, 2026.
On August 3, 2026, Kunal Mehta tendered his resignation as a director
of the Company and as a member of the Audit and Compensation Committees of the Board of Directors, effective August 7, 2026. Mr. Mehta’s
resignation was for personal reasons and was not the result of any disagreement with the Company on any matter relating to the Company’s
operations, policies or practices.
On August 3, 2026 the Board of Directors appointed Mr. Ram Menghani
as a member of the Audit Committee and Compensation Committee and Mr. Michael Koehneman as a member of the Compensation Committee, each
such appointment effective August 7, 2026.
The Company thanks Mr. Soto and Mr. Mehta for their service and contributions
to the Company and wishes each of them well in their future endeavors.