Mitek Systems Inc. DEF 14A: Executive Compensation Details

Ticker: MITK · Form: DEF 14A · Filed: Aug 14, 2024 · CIK: 807863

Mitek Systems Inc DEF 14A Filing Summary
FieldDetail
CompanyMitek Systems Inc (MITK)
Form TypeDEF 14A
Filed DateAug 14, 2024
Risk Levellow
Pages17
Reading Time20 min
Sentimentneutral

Sentiment: neutral

Topics: executive-compensation, proxy-statement, corporate-governance

TL;DR

Mitek Systems Inc. dropped its DEF 14A, showing exec comp details for FY23. Shareholders get the scoop on equity awards.

AI Summary

Mitek Systems Inc. filed a DEF 14A on August 14, 2024, detailing executive compensation for the fiscal year ending September 30, 2023. The filing includes information on equity awards granted and outstanding, with specific figures for the fair value of these awards for the fiscal years 2020-2023. This document is primarily for shareholder information regarding compensation practices.

Why It Matters

This filing provides shareholders with transparency into how Mitek Systems Inc. compensates its top executives, which can influence investor decisions and corporate governance.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and does not inherently present new financial risks.

Key Numbers

  • 2023-09-30 — Fiscal Year End (Reporting period for executive compensation data.)
  • 2024-08-14 — Filing Date (Date the DEF 14A was submitted to the SEC.)

Key Players & Entities

  • MITEK SYSTEMS INC (company) — Filer
  • 0000807863 (company) — Central Index Key
  • 20230930 (date) — Fiscal Year End
  • 20240814 (date) — Filing Date

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an upcoming annual or special meeting of security holders. It provides detailed information about matters to be voted on, including executive compensation, director nominations, and other corporate governance issues.

What fiscal year does this Mitek Systems Inc. DEF 14A cover?

This DEF 14A filing covers the fiscal year ending September 30, 2023.

What type of information is typically found in the compensation tables of a DEF 14A?

Compensation tables in a DEF 14A typically detail the salary, bonus, stock awards, option awards, non-equity incentive plan compensation, and other compensation for the company's named executive officers.

Who is the filer of this DEF 14A?

The filer of this DEF 14A is Mitek Systems Inc.

What is the SIC code for Mitek Systems Inc. as listed in the filing?

The Standard Industrial Classification (SIC) code for Mitek Systems Inc. is 3577, which corresponds to 'COMPUTER PERIPHERAL EQUIPMENT, NEC'.

Filing Stats: 4,998 words · 20 min read · ~17 pages · Grade level 12.5 · Accepted 2024-08-14 17:29:41

Filing Documents

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 24 REPORT OF THE COMPENSATION COMMITTEE 49 ENVIRONMENT, SOCIAL AND GOVERNANCE INITIATIVES 49

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 51 DELINQUENT SECTION 16(a) REPORTS 53 HOUSEHOLDING OF PROXY MATERIALS 54 PROPOSALS OF STOCKHOLDERS 54 OTHER BUSINESS 54 MITEK SYSTEMS, INC. 770 FIRST AVENUE, SUITE 425 SAN DIEGO, CALIFORNIA 92101 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON SEPTEMBER 10, 2024 QUESTIONS AND ANSWERS ABOUT THIS PROXY MATERIAL AND VOTING Why am I receiving these materials? We sent you this proxy statement (the "Proxy Statement" ) and the enclosed proxy card because the Board of Directors (the "Board" ) of Mitek Systems, Inc. (sometimes referred to as "we" , "us" , "our" , "Mitek" or the "Company" ) is soliciting your proxy to vote at our 2024 annual meeting of stockholders, or any adjournment or postponement thereof (the "Annual Meeting" ). You are invited to attend the Annual Meeting and we request that you vote on the proposals described in this Proxy Statement. However, you do not need to attend the Annual Meeting to vote your shares. Instead, you may simply complete, sign, date and return the enclosed proxy card or submit your proxy through the Internet or by telephone according to the instructions contained in the enclosed proxy card. We intend to mail this Proxy Statement and the accompanying materials to all stockholders of record entitled to vote at the Annual Meeting on or about August 15, 2024. When and where will the Annual Meeting be held? The Annual Meeting will be held at 9:00 a.m., local time, on Tuesday, September 10, 2024, at Mitek Systems, Inc. 770 First Avenue, Suite 425, San Diego, California 92101. Who can vote at the Annual Meeting and how many votes do I have? Only stockholders of record at the close of business on July 25, 2024 will be entitled to vote at the Annual Meeting. At the close of business on this record date, there were 46,167,636 shares of common stock outstanding and entitled to vote. With respect t

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