OpenWorld, Inc. · Exercise / conversion · Common Stock, par value $0.001 per share

What does this filing report?

An SEC Form 4 filing for OpenWorld, Inc. records an exercise / conversion involving Common Stock, par value $0.001 per share on January 1, 2026. The reported quantity was 18,750. The filing date is January 5, 2026. This is one transaction record; amounts are not allocated among any joint reporting owners.

The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.

Filing footnotes & remarks

F1

These restricted stock units, which convert into common stock on a one-for-one basis (the "RSUs"), were granted pursuant to the issuer's salary reduction program, pursuant to which the number of RSUs was determined by dividing the amount of the reporting person's salary reduction by $1.60, and vested on 1/1/2026.

F2

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.

F3

Shares withheld to cover tax withholding obligations on the vesting of RSUs.

F4

These RSUs will vest on 6/19/2026.

F5

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.

Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.