👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Mitek Systems general manager Michael Diamond sells $65,560 in stock

Published 11/12/2024, 03:46
Mitek Systems general manager Michael Diamond sells $65,560 in stock
MITK
-

Additionally, on December 6, Diamond was awarded 55,187 restricted stock units under the company's 2020 Incentive Plan. These units were granted at a price of $9.06 per share, contributing to a total acquisition value of $499,994. The vesting of these shares is subject to performance criteria over the next three years, as outlined in the plan. With a moderate debt-to-equity ratio of 0.7 and current ratio of 4.46, InvestingPro subscribers can access detailed analysis of the company's financial health and growth potential through comprehensive Pro Research Reports. With a moderate debt-to-equity ratio of 0.7 and current ratio of 4.46, InvestingPro subscribers can access detailed analysis of the company's financial health and growth potential through comprehensive Pro Research Reports.

Additionally, on December 6, Diamond was awarded 55,187 restricted stock units under the company's 2020 Incentive Plan. These units were granted at a price of $9.06 per share, contributing to a total acquisition value of $499,994. The vesting of these shares is subject to performance criteria over the next three years, as outlined in the plan. With a moderate debt-to-equity ratio of 0.7 and current ratio of 4.46, InvestingPro subscribers can access detailed analysis of the company's financial health and growth potential through comprehensive Pro Research Reports.

Additionally, on December 6, Diamond was awarded 55,187 restricted stock units under the company's 2020 Incentive Plan. These units were granted at a price of $9.06 per share, contributing to a total acquisition value of $499,994. The vesting of these shares is subject to performance criteria over the next three years, as outlined in the plan.

In other recent news, Mitek Systems (NASDAQ:MITK) held its annual stockholders meeting where six directors were re-elected and the company's independent auditor was ratified for the upcoming fiscal year. The directors, Scott R. Carter, Rahul Gupta, James C. Hale, Susan J. Repo, Kimberly S. Stevenson, and Donna C. Wells, will continue to serve until the 2025 annual meeting. The appointment of BDO USA, P.C. as Mitek's independent registered public accounting firm for the fiscal year ending September 30, 2024, was approved with a significant majority. The meeting also saw shareholders cast an advisory vote on the compensation of the company's named executive officers, which was approved. These are among the recent developments concerning Mitek Systems.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.