AG˹ٷ

STOCK TITAN

[Form 4] VerifyMe, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

VerifyMe, Inc. (VRME) � Form 4 overview: CEO, President and Director Adam H. Stedham reported multiple equity transactions dated 06/19/2025.

  • Conversion of RSUs (Code M): 68,027 restricted stock units were converted into common shares at a cost of $0, increasing Stedham’s direct holdings to 435,375 shares.
  • Share withholding for taxes (Code F): 26,178 of the newly issued shares were simultaneously withheld at $0.758 per share to satisfy payroll‐tax obligations, leaving the executive with 409,197 directly owned shares.
  • Remaining derivative position: � 18,750 time-based RSUs vest on 01/01/2026. � 550,000 performance RSUs vest in three tranches when VRME’s stock trades � $2.21, � $2.94 and � $3.68 for 20 consecutive days, with final vesting on 06/19/2027. � $175,000 8 % convertible note due 08/25/2026 is convertible at $1.15 into 152,174 shares.

Capital-structure implications: If all outstanding derivatives (718,924 shares) ultimately convert, potential dilution is material relative to VRME’s small float. However, most of the RSUs are performance-based, aligning management incentives with share-price appreciation beyond current levels.

Net result of reported transactions: +41,849 common shares were added to insider ownership after tax withholding. No open-market purchase or sale occurred; cash cost to the insider was zero.

Overall, the filing signals routine equity compensation vesting, with sizeable forward-looking performance incentives and a modest immediate dilution effect.

VerifyMe, Inc. (VRME) � Panoramica del Modulo 4: Il CEO, Presidente e Direttore Adam H. Stedham ha riportato diverse transazioni azionarie datate 19/06/2025.

  • Conversione di RSU (Codice M): 68.027 unità di azioni vincolate sono state convertite in azioni ordinarie a costo zero, portando la detenzione diretta di Stedham a 435.375 azioni.
  • Ritenuta azioni per tasse (Codice F): 26.178 delle azioni appena emesse sono state trattenute al prezzo di 0,758 $ per azione per coprire obblighi fiscali sul salario, lasciando all’esecutivo 409.197 azioni di proprietà diretta.
  • Posizione residua sui derivati: � 18.750 RSU basate sul tempo maturano il 01/01/2026. � 550.000 RSU basate sulle performance maturano in tre tranche quando il titolo VRME raggiunge o supera rispettivamente 2,21 $, 2,94 $ e 3,68 $ per 20 giorni consecutivi, con maturazione finale il 19/06/2027. � Un prestito convertibile da 175.000 $ con tasso 8 % scadenza 25/08/2026 è convertibile a 1,15 $ per 152.174 azioni.

Implicazioni sulla struttura del capitale: Se tutti i derivati in circolazione (718.924 azioni) venissero convertiti, la diluizione potenziale sarebbe significativa rispetto al piccolo flottante di VRME. Tuttavia, la maggior parte delle RSU è basata sulle performance, allineando gli incentivi del management con l’aumento del prezzo delle azioni oltre i livelli attuali.

Risultato netto delle transazioni riportate: Dopo la ritenuta fiscale, sono state aggiunte 41.849 azioni ordinarie alla proprietà degli insider. Non si sono verificate compravendite sul mercato aperto; il costo in contanti per l’insider è stato zero.

In generale, il deposito indica una normale maturazione di compensi azionari, con incentivi performativi significativi a lungo termine e un modesto effetto diluitivo immediato.

VerifyMe, Inc. (VRME) � Resumen del Formulario 4: El CEO, Presidente y Director Adam H. Stedham reportó múltiples transacciones de acciones fechadas el 19/06/2025.

  • Conversión de RSUs (Código M): Se convirtieron 68.027 unidades de acciones restringidas en acciones comunes sin costo, aumentando la tenencia directa de Stedham a 435.375 acciones.
  • Retención de acciones para impuestos (Código F): 26.178 de las acciones recién emitidas se retuvieron simultáneamente a $0.758 por acción para cubrir obligaciones fiscales sobre nómina, dejando al ejecutivo con 409.197 acciones de propiedad directa.
  • Posición restante en derivados: � 18.750 RSUs basadas en tiempo se consolidan el 01/01/2026. � 550.000 RSUs basadas en desempeño se consolidan en tres tramos cuando la acción de VRME cotice � $2.21, � $2.94 y � $3.68 durante 20 días consecutivos, con consolidación final el 19/06/2027. � Nota convertible de $175,000 al 8 % con vencimiento 25/08/2026 es convertible a $1.15 por 152.174 acciones.

Implicaciones en la estructura de capital: Si todos los derivados pendientes (718.924 acciones) se convirtieran, la dilución potencial sería significativa respecto al pequeño flotante de VRME. Sin embargo, la mayoría de las RSUs son basadas en desempeño, alineando los incentivos de la gerencia con la apreciación del precio de la acción más allá de los niveles actuales.

Resultado neto de las transacciones reportadas: Tras la retención de impuestos, se añadieron 41.849 acciones comunes a la propiedad de los insiders. No hubo compras ni ventas en el mercado abierto; el costo en efectivo para el insider fue cero.

En general, la presentación indica una rutina de consolidación de compensación accionaria, con incentivos de desempeño considerables a futuro y un modesto efecto dilutivo inmediato.

VerifyMe, Inc. (VRME) � Form 4 개요: CEO, 사장 � 이사� Adam H. Stedham� 2025� 6� 19일자� 여러 주식 거래� 보고했습니다.

  • RSU 전환 (코드 M): 68,027개의 제한 주식 단위가 무상으로 보통주로 전환되어 Stedham� 직접 보유 주식� 435,375주로 증가했습니다.
  • 세금 원천징수� 주식 보류 (코드 F): 새로 발행� 주식 � 26,178주가 주당 $0.758� 급여� 납부� 위해 동시� 보류되어 경영진의 직접 보유 주식은 409,197�가 되었습니�.
  • 잔여 파생상품 포지�: � 18,750개의 시간 기반 RSU� 2026� 1� 1일에 베스팅됩니다. � 550,000개의 성과 기반 RSU� VRME 주가가 20� 연속으로 각각 $2.21, $2.94, $3.68 이상� � � 차례� 걸쳐 베스팅되� 최종 베스팅은 2027� 6� 19일입니다. � 2026� 8� 25� 만기 8% 전환사채 $175,000� $1.15� 152,174주로 전환 가능합니다.

자본 구조� 미치� 영향: 모든 미결 파생상품(718,924�)� 전환� 경우 VRME� 소규� 유동 주식 대� 희석 효과가 상당� � 있습니다. 그러� 대부분의 RSU� 성과 기반으로 경영진의 인센티브가 현재 수준 이상� 주가 상승� 연계되어 있습니다.

보고� 거래� 순결�: 세금 원천징수 � 내부� 소유 주식� 41,849� 증가했습니다. 공개 시장에서� 매매� 없었으며 내부자의 현금 비용은 없었습니�.

전반적으� 이번 보고� 일상적인 주식 보상 베스팅을 나타내며, 상당� 미래 성과 인센티브와 적당� 즉각� 희석 효과� 포함하고 있습니다.

VerifyMe, Inc. (VRME) � Aperçu du formulaire 4 : Le PDG, président et administrateur Adam H. Stedham a déclaré plusieurs transactions d’actions datées du 19/06/2025.

  • Conversion de RSU (Code M) : 68 027 unités d’actions restreintes ont été converties en actions ordinaires sans coût, portant la détention directe de Stedham à 435 375 actions.
  • Retenue d’actions pour impôts (Code F) : 26 178 des actions nouvellement émises ont été simultanément retenues à 0,758 $ par action pour satisfaire les obligations fiscales sur les salaires, laissant à l’exécutif 409 197 actions détenues directement.
  • Position dérivée restante : � 18 750 RSU basées sur le temps seront acquises le 01/01/2026. � 550 000 RSU basées sur la performance seront acquises en trois tranches lorsque l’action VRME se négociera � 2,21 $, � 2,94 $ et � 3,68 $ pendant 20 jours consécutifs, avec acquisition finale le 19/06/2027. � Une note convertible de 175 000 $ à 8 % échéant le 25/08/2026 est convertible à 1,15 $ en 152 174 actions.

Implications pour la structure du capital : Si tous les dérivés en circulation (718 924 actions) sont finalement convertis, la dilution potentielle est significative par rapport au faible flottant de VRME. Cependant, la plupart des RSU sont basées sur la performance, alignant les incitations de la direction avec l’appréciation du cours de l’action au-delà des niveaux actuels.

Résultat net des transactions déclarées : Après retenue d’impôt, 41 849 actions ordinaires ont été ajoutées à la propriété des initiés. Aucune opération d’achat ou de vente sur le marché ouvert n’a eu lieu ; le coût en espèces pour l’initié était nul.

Globalement, le dépôt signale une attribution régulière de rémunération en actions, avec des incitations importantes basées sur la performance à long terme et un effet dilutif immédiat modéré.

VerifyMe, Inc. (VRME) � Übersicht Formular 4: CEO, Präsident und Direktor Adam H. Stedham meldete mehrere Aktiengeschäfte vom 19.06.2025.

  • Umwandlung von RSUs (Code M): 68.027 Restricted Stock Units wurden kostenfrei in Stammaktien umgewandelt, wodurch Stedhams Direktbestand auf 435.375 Aktien stieg.
  • Aktieneinbehalt zur Steuerzahlung (Code F): 26.178 der neu ausgegebenen Aktien wurden gleichzeitig zu je 0,758 $ einbehalten, um Lohnsteuerverpflichtungen zu erfüllen, womit dem Geschäftsführer 409.197 direkt gehaltene Aktien verbleiben.
  • Verbleibende Derivateposition: � 18.750 zeitbasierte RSUs vesten am 01.01.2026. � 550.000 leistungsabhängige RSUs vesten in drei Tranchen, wenn VRME-Aktien 20 Tage in Folge � 2,21 $, � 2,94 $ und � 3,68 $ handeln, mit finalem Vesting am 19.06.2027. � Eine 175.000 $ 8%-Wandelschuldverschreibung mit Fälligkeit 25.08.2026 ist zu 1,15 $ in 152.174 Aktien wandelbar.

Auswirkungen auf die Kapitalstruktur: Wenn alle ausstehenden Derivate (718.924 Aktien) letztlich umgewandelt werden, ist die potenzielle Verwässerung im Verhältnis zum kleinen Streubesitz von VRME erheblich. Die meisten RSUs sind jedoch leistungsabhängig, was die Anreize des Managements an eine Kurssteigerung über das aktuelle Niveau hinaus koppelt.

Nettoergebnis der gemeldeten Transaktionen: Nach Steuerabzug wurden 41.849 Stammaktien zum Insiderbesitz hinzugefügt. Es gab keinen Kauf oder Verkauf am offenen Markt; die Baraufwendung des Insiders betrug null.

Insgesamt signalisiert die Meldung eine routinemäßige Aktienvergütungsvesting mit erheblichen leistungsbezogenen Anreizen für die Zukunft und einer moderaten sofortigen Verwässerung.

Positive
  • Performance-based RSUs totalling 550,000 shares encourage management to drive share-price growth to specific targets, aligning insider incentives with shareholder returns.
Negative
  • Potential dilution of up to 718,924 additional shares (� current float impact unknown) if all RSUs and the convertible note are exercised, which could pressure future EPS and valuation.

Insights

TL;DR: Routine RSU vesting; modest dilution; large performance RSUs could dilute further but align CEO with higher share price.

Stedham converted 68 k RSUs, netting 41.8 k new shares after tax withholding. No cash proceeds or open-market trade occurred, so there is no direct price signal. Immediate dilution is minor, yet investors should note 718 k additional shares (550 k performance RSUs, 18.8 k time-based RSUs, 152 k from note) that could hit the float if price targets or conversions are met, representing a meaningful percentage of VRME’s outstanding shares. Because most awards depend on ambitious price hurdles ($2.21�$3.68 versus recent trading below those levels), the long-term impact hinges on performance. Net effect: neutral with long-term dilution watch-point.

TL;DR: Compensation structure incentivises value creation; dilution risk managed by performance triggers.

The vesting schedule demonstrates a pay-for-performance philosophy. Roughly 77 % of outstanding RSUs (550 k/718 k) vest only if multi-year TSR hurdles are achieved, an approach generally viewed favourably by governance observers. The simultaneous tax-withholding sale is standard. However, shareholders must approve or at least understand the sizeable equity overhang, especially given VRME’s micro-cap status. Governance risk is moderate but acceptable if communication remains transparent and dilution remains below authorised plan limits.

VerifyMe, Inc. (VRME) � Panoramica del Modulo 4: Il CEO, Presidente e Direttore Adam H. Stedham ha riportato diverse transazioni azionarie datate 19/06/2025.

  • Conversione di RSU (Codice M): 68.027 unità di azioni vincolate sono state convertite in azioni ordinarie a costo zero, portando la detenzione diretta di Stedham a 435.375 azioni.
  • Ritenuta azioni per tasse (Codice F): 26.178 delle azioni appena emesse sono state trattenute al prezzo di 0,758 $ per azione per coprire obblighi fiscali sul salario, lasciando all’esecutivo 409.197 azioni di proprietà diretta.
  • Posizione residua sui derivati: � 18.750 RSU basate sul tempo maturano il 01/01/2026. � 550.000 RSU basate sulle performance maturano in tre tranche quando il titolo VRME raggiunge o supera rispettivamente 2,21 $, 2,94 $ e 3,68 $ per 20 giorni consecutivi, con maturazione finale il 19/06/2027. � Un prestito convertibile da 175.000 $ con tasso 8 % scadenza 25/08/2026 è convertibile a 1,15 $ per 152.174 azioni.

Implicazioni sulla struttura del capitale: Se tutti i derivati in circolazione (718.924 azioni) venissero convertiti, la diluizione potenziale sarebbe significativa rispetto al piccolo flottante di VRME. Tuttavia, la maggior parte delle RSU è basata sulle performance, allineando gli incentivi del management con l’aumento del prezzo delle azioni oltre i livelli attuali.

Risultato netto delle transazioni riportate: Dopo la ritenuta fiscale, sono state aggiunte 41.849 azioni ordinarie alla proprietà degli insider. Non si sono verificate compravendite sul mercato aperto; il costo in contanti per l’insider è stato zero.

In generale, il deposito indica una normale maturazione di compensi azionari, con incentivi performativi significativi a lungo termine e un modesto effetto diluitivo immediato.

VerifyMe, Inc. (VRME) � Resumen del Formulario 4: El CEO, Presidente y Director Adam H. Stedham reportó múltiples transacciones de acciones fechadas el 19/06/2025.

  • Conversión de RSUs (Código M): Se convirtieron 68.027 unidades de acciones restringidas en acciones comunes sin costo, aumentando la tenencia directa de Stedham a 435.375 acciones.
  • Retención de acciones para impuestos (Código F): 26.178 de las acciones recién emitidas se retuvieron simultáneamente a $0.758 por acción para cubrir obligaciones fiscales sobre nómina, dejando al ejecutivo con 409.197 acciones de propiedad directa.
  • Posición restante en derivados: � 18.750 RSUs basadas en tiempo se consolidan el 01/01/2026. � 550.000 RSUs basadas en desempeño se consolidan en tres tramos cuando la acción de VRME cotice � $2.21, � $2.94 y � $3.68 durante 20 días consecutivos, con consolidación final el 19/06/2027. � Nota convertible de $175,000 al 8 % con vencimiento 25/08/2026 es convertible a $1.15 por 152.174 acciones.

Implicaciones en la estructura de capital: Si todos los derivados pendientes (718.924 acciones) se convirtieran, la dilución potencial sería significativa respecto al pequeño flotante de VRME. Sin embargo, la mayoría de las RSUs son basadas en desempeño, alineando los incentivos de la gerencia con la apreciación del precio de la acción más allá de los niveles actuales.

Resultado neto de las transacciones reportadas: Tras la retención de impuestos, se añadieron 41.849 acciones comunes a la propiedad de los insiders. No hubo compras ni ventas en el mercado abierto; el costo en efectivo para el insider fue cero.

En general, la presentación indica una rutina de consolidación de compensación accionaria, con incentivos de desempeño considerables a futuro y un modesto efecto dilutivo inmediato.

VerifyMe, Inc. (VRME) � Form 4 개요: CEO, 사장 � 이사� Adam H. Stedham� 2025� 6� 19일자� 여러 주식 거래� 보고했습니다.

  • RSU 전환 (코드 M): 68,027개의 제한 주식 단위가 무상으로 보통주로 전환되어 Stedham� 직접 보유 주식� 435,375주로 증가했습니다.
  • 세금 원천징수� 주식 보류 (코드 F): 새로 발행� 주식 � 26,178주가 주당 $0.758� 급여� 납부� 위해 동시� 보류되어 경영진의 직접 보유 주식은 409,197�가 되었습니�.
  • 잔여 파생상품 포지�: � 18,750개의 시간 기반 RSU� 2026� 1� 1일에 베스팅됩니다. � 550,000개의 성과 기반 RSU� VRME 주가가 20� 연속으로 각각 $2.21, $2.94, $3.68 이상� � � 차례� 걸쳐 베스팅되� 최종 베스팅은 2027� 6� 19일입니다. � 2026� 8� 25� 만기 8% 전환사채 $175,000� $1.15� 152,174주로 전환 가능합니다.

자본 구조� 미치� 영향: 모든 미결 파생상품(718,924�)� 전환� 경우 VRME� 소규� 유동 주식 대� 희석 효과가 상당� � 있습니다. 그러� 대부분의 RSU� 성과 기반으로 경영진의 인센티브가 현재 수준 이상� 주가 상승� 연계되어 있습니다.

보고� 거래� 순결�: 세금 원천징수 � 내부� 소유 주식� 41,849� 증가했습니다. 공개 시장에서� 매매� 없었으며 내부자의 현금 비용은 없었습니�.

전반적으� 이번 보고� 일상적인 주식 보상 베스팅을 나타내며, 상당� 미래 성과 인센티브와 적당� 즉각� 희석 효과� 포함하고 있습니다.

VerifyMe, Inc. (VRME) � Aperçu du formulaire 4 : Le PDG, président et administrateur Adam H. Stedham a déclaré plusieurs transactions d’actions datées du 19/06/2025.

  • Conversion de RSU (Code M) : 68 027 unités d’actions restreintes ont été converties en actions ordinaires sans coût, portant la détention directe de Stedham à 435 375 actions.
  • Retenue d’actions pour impôts (Code F) : 26 178 des actions nouvellement émises ont été simultanément retenues à 0,758 $ par action pour satisfaire les obligations fiscales sur les salaires, laissant à l’exécutif 409 197 actions détenues directement.
  • Position dérivée restante : � 18 750 RSU basées sur le temps seront acquises le 01/01/2026. � 550 000 RSU basées sur la performance seront acquises en trois tranches lorsque l’action VRME se négociera � 2,21 $, � 2,94 $ et � 3,68 $ pendant 20 jours consécutifs, avec acquisition finale le 19/06/2027. � Une note convertible de 175 000 $ à 8 % échéant le 25/08/2026 est convertible à 1,15 $ en 152 174 actions.

Implications pour la structure du capital : Si tous les dérivés en circulation (718 924 actions) sont finalement convertis, la dilution potentielle est significative par rapport au faible flottant de VRME. Cependant, la plupart des RSU sont basées sur la performance, alignant les incitations de la direction avec l’appréciation du cours de l’action au-delà des niveaux actuels.

Résultat net des transactions déclarées : Après retenue d’impôt, 41 849 actions ordinaires ont été ajoutées à la propriété des initiés. Aucune opération d’achat ou de vente sur le marché ouvert n’a eu lieu ; le coût en espèces pour l’initié était nul.

Globalement, le dépôt signale une attribution régulière de rémunération en actions, avec des incitations importantes basées sur la performance à long terme et un effet dilutif immédiat modéré.

VerifyMe, Inc. (VRME) � Übersicht Formular 4: CEO, Präsident und Direktor Adam H. Stedham meldete mehrere Aktiengeschäfte vom 19.06.2025.

  • Umwandlung von RSUs (Code M): 68.027 Restricted Stock Units wurden kostenfrei in Stammaktien umgewandelt, wodurch Stedhams Direktbestand auf 435.375 Aktien stieg.
  • Aktieneinbehalt zur Steuerzahlung (Code F): 26.178 der neu ausgegebenen Aktien wurden gleichzeitig zu je 0,758 $ einbehalten, um Lohnsteuerverpflichtungen zu erfüllen, womit dem Geschäftsführer 409.197 direkt gehaltene Aktien verbleiben.
  • Verbleibende Derivateposition: � 18.750 zeitbasierte RSUs vesten am 01.01.2026. � 550.000 leistungsabhängige RSUs vesten in drei Tranchen, wenn VRME-Aktien 20 Tage in Folge � 2,21 $, � 2,94 $ und � 3,68 $ handeln, mit finalem Vesting am 19.06.2027. � Eine 175.000 $ 8%-Wandelschuldverschreibung mit Fälligkeit 25.08.2026 ist zu 1,15 $ in 152.174 Aktien wandelbar.

Auswirkungen auf die Kapitalstruktur: Wenn alle ausstehenden Derivate (718.924 Aktien) letztlich umgewandelt werden, ist die potenzielle Verwässerung im Verhältnis zum kleinen Streubesitz von VRME erheblich. Die meisten RSUs sind jedoch leistungsabhängig, was die Anreize des Managements an eine Kurssteigerung über das aktuelle Niveau hinaus koppelt.

Nettoergebnis der gemeldeten Transaktionen: Nach Steuerabzug wurden 41.849 Stammaktien zum Insiderbesitz hinzugefügt. Es gab keinen Kauf oder Verkauf am offenen Markt; die Baraufwendung des Insiders betrug null.

Insgesamt signalisiert die Meldung eine routinemäßige Aktienvergütungsvesting mit erheblichen leistungsbezogenen Anreizen für die Zukunft und einer moderaten sofortigen Verwässerung.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stedham Adam H

(Last) (First) (Middle)
C/O VERIFYME, INC.
801 INTERNATIONAL PARKWAY, FIFTH FLOOR

(Street)
LAKE MARY FL 32746

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VerifyMe, Inc. [ VRME ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
06/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 06/19/2025 M 68,027 A $0(1) 435,375(2) D
Common Stock, par value $0.001 per share 06/19/2025 F 26,178(3) D $0.758 409,197(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(1) 06/19/2025 M 68,027 (4) (4) Common Stock, par value $0.001 per share 68,027 $0 68,028 D
Restricted Stock Units $0(1) (5) (5) Common Stock, par value $0.001 per share 18,750 18,750 D
Restricted Stock Units $0(1) (6) (6) Common Stock, par value $0.001 per share 550,000 550,000 D
8% Convertible Promissory Note due 2026 $1.15 08/25/2023 08/25/2026 Common Stock, par value $0.001 per share 152,174 $175,000 D
Explanation of Responses:
1. These restricted stock units convert into common stock on a one-for-one basis ("RSUs").
2. Includes 28,592 vested RSUs that become payable, on a one-for-one basis, in shares of common stock of VerifyMe, Inc. upon separation of the Reporting Person's service as a director.
3. Shares withheld to cover tax withholding obligations on the vesting of RSUs.
4. 68,027 RSUs vested on 6/19/2025 and, except as otherwise provided in the award notice, the balance vests on 6/19/2026.
5. These RSUs were granted pursuant to the issuer's salary reduction program and will vest on 1/1/2026, except as otherwise provided in the award notice.
6. These RSUs vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 150,000 shares of common stock on or after 6/19/2024 if the price of the issuer's common stock is $2.21 per share and trades at or above that price for 20 consecutive days. Tranche 2 will vest 200,000 shares of common stock on or after 6/19/2025 if the issuer's common stock trades at or above $2.94 per share for 20 consecutive trading days. Tranche 3 will vest 200,000 shares of common stock on 6/19/2027 if the issuer's common stock trades at or above $3.68 per share for 20 consecutive trading days.
/s/ Nancy Meyers, Attorney-in-Fact for Adam Stedham 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many VRME shares did CEO Adam Stedham acquire on 06/19/2025?

He converted 68,027 RSUs into common stock, then had 26,178 withheld for taxes, netting 41,849 additional shares.

What is Adam Stedham’s total direct ownership in VRME after the Form 4 transactions?

The CEO now directly owns 409,197 common shares.

What performance conditions apply to the 550,000 VRME RSUs outstanding?

The RSUs vest only if VRME trades � $2.21, � $2.94 and � $3.68 for 20 consecutive days, with final vesting on 06/19/2027.

Does the Form 4 include any open-market sale by the insider?

No. The only disposition was share withholding for taxes; no cash sale or purchase occurred in the market.

What is the conversion price of the 8 % VRME convertible note held by the CEO?

The note, due 08/25/2026, converts at $1.15 into up to 152,174 common shares.
Verifyme Inc

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Security & Protection Services
Services-computer Integrated Systems Design
United States
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