Mitek Methods common supervisor Michael Diamond sells $65,560 in inventory

Moreover, on December 6, Diamond was awarded 55,187 restricted inventory items underneath the corporate’s 2020 Incentive Plan. These items had been granted at a worth of $9.06 per share, contributing to a complete acquisition worth of $499,994. The vesting of those shares is topic to efficiency standards over the subsequent three years, as outlined within the plan. With a reasonable debt-to-equity ratio of 0.7 and present ratio of 4.46, InvestingPro subscribers can entry detailed evaluation of the corporate’s monetary well being and progress potential via complete Professional Analysis Experiences. With a reasonable debt-to-equity ratio of 0.7 and present ratio of 4.46, InvestingPro subscribers can entry detailed evaluation of the corporate’s monetary well being and progress potential via complete Professional Analysis Experiences.

Moreover, on December 6, Diamond was awarded 55,187 restricted inventory items underneath the corporate’s 2020 Incentive Plan. These items had been granted at a worth of $9.06 per share, contributing to a complete acquisition worth of $499,994. The vesting of those shares is topic to efficiency standards over the subsequent three years, as outlined within the plan. With a reasonable debt-to-equity ratio of 0.7 and present ratio of 4.46, InvestingPro subscribers can entry detailed evaluation of the corporate’s monetary well being and progress potential via complete Professional Analysis Experiences.

Moreover, on December 6, Diamond was awarded 55,187 restricted inventory items underneath the corporate’s 2020 Incentive Plan. These items had been granted at a worth of $9.06 per share, contributing to a complete acquisition worth of $499,994. The vesting of those shares is topic to efficiency standards over the subsequent three years, as outlined within the plan.

In different latest information, Mitek Methods (NASDAQ:MITK) held its annual stockholders assembly the place six administrators had been re-elected and the corporate’s unbiased auditor was ratified for the upcoming fiscal 12 months. The administrators, Scott R. Carter, Rahul Gupta, James C. Hale, Susan J. Repo, Kimberly S. Stevenson, and Donna C. Wells, will proceed to serve till the 2025 annual assembly. The appointment of BDO USA, P.C. as Mitek’s unbiased registered public accounting agency for the fiscal 12 months ending September 30, 2024, was accepted with a major majority. The assembly additionally noticed shareholders forged an advisory vote on the compensation of the corporate’s named govt officers, which was accepted. These are among the many latest developments regarding Mitek Methods.

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