OPNW · OpenWorld, Inc. · Insider Trading
One customer — 10% of revenue (the three months ended March 31, 2026)
“For the three months ended March 31, 2026 and 2025, one customer represented 10% and 15% of revenues, respectively.”
2 customers — 51% of receivables (As of March 31, 2026)
“As of March 31, 2026, two customers made up 51% of accounts receivable, net.”
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-09-30 | Shaw Matthew Ian |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
Received in exchange for 8,877 shares of OpenWorld, Ltd. in connection with the merger of OpenWorld, Ltd. into OpenWorld, Inc. (the "Merger"). On the effective date of the Merger, the closing price of OpenWorld, Inc.'s common stock was $8.98. Mr. Shaw has sole beneficial ownership over the shares held by Beech Holdings Ltd. |
Common Stock
(I)
|
685,923 |
| 2026-09-30 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Common Stock, par value $0.001 per share
|
7,500 |
| 2026-09-30 | McMeekin Russel Harold |
Global Corporate President |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Received in exchange for stock options to acquire shares of OpenWorld, Ltd. in connection with the closing of the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026. The vesting commencement date of these options is 9/15/2024 (the "Vesting Commencement Date"). Subject to reporting person's continuous service, 1/3rd of the options shall vest on the 1-year anniversary of the Vesting Commencement Date and, thereafter, 1/36th of the options shall vest on same day of each succeeding calendar month, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date. |
Stock Option (Right to Buy)
|
216,355 |
| 2026-09-30 | Edmonds David Bruce |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Restricted Stock Units
|
3,500 |
| 2026-09-30 | Stedham Adam H |
Director, CEO and President |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Restricted Stock Units
|
55,000 |
| 2026-09-30 | Hernandez Gerard Albert Palana |
Chief Accounting Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Indirect)
Received in exchange for stock options to acquire shares of OpenWorld, Ltd. in connection with the closing of the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026. The vesting commencement date of these options is 10/10/2023 (the "Vesting Commencement Date"). Beginning on the 1-year anniversary of the Vesting Commencement Date, 1/24 of the options will vest. The remaining options shall vest in on a linear monthly basis, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date, subject to reporting person's continuous service as of each such dates. Mr. Hernandez has beneficial ownership over the shares held by GM Consulting Group Inc. |
Stock Option (Right to Buy)
(I)
|
145,035 |
| 2026-09-30 | Webslinger Holdings Inc. |
10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
Received in exchange for an aggregate of 64,579 shares of OpenWorld, Ltd. in connection with the merger of OpenWorld, Ltd. into OpenWorld, Inc. (the "Merger"). On the effective date of the Merger, the closing price of OpenWorld, Inc.'s common stock was $8.98. |
Common Stock
|
4,989,997 |
| 2026-09-30 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Restricted Stock Units
|
7,500 |
| 2026-09-30 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholdings obligations upon the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
2,711 |
| 2026-09-30 | GREENBERG SCOTT N |
Director, Executive Chairman |
Convert↑
Filing footnotes — Common Stock, par value $0.001 (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. Includes 6,831 vested restricted stock units that become payable, on a one-for-one basis, in shares of common stock upon separation of the reporting person's service as a director. |
Common Stock, par value $0.001
|
3,500 |
| 2026-09-30 | Shaw Matthew Ian |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Received in exchange for 8,877 shares of OpenWorld, Ltd. in connection with the merger of OpenWorld, Ltd. into OpenWorld, Inc. (the "Merger"). On the effective date of the Merger, the closing price of OpenWorld, Inc.'s common stock was $8.98. |
Common Stock
|
685,923 |
| 2026-09-30 | Hernandez Gerard Albert Palana |
Chief Accounting Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Indirect)
Received in exchange for stock options to acquire shares of OpenWorld, Ltd. in connection with the closing of the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026. The vesting commencement date of these options is 10/10/2023 (the "Vesting Commencement Date"). Beginning on the 1-year anniversary of the Vesting Commencement Date, 1/24 of the options will vest. The remaining options shall vest in on a linear monthly basis, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date, subject to reporting person's continuous service as of each such dates. Mr. Hernandez has beneficial ownership over the shares held by GM Consulting Group Inc. |
Stock Option (Right to Buy)
(I)
|
154,539 |
| 2026-09-30 | Edmonds David Bruce |
Director |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Common Stock, par value $0.001 per share
|
3,500 |
| 2026-09-30 | Shaw Matthew Ian |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
Received in exchange for 64,579 shares of OpenWorld, Ltd. in connection with the merger of OpenWorld, Ltd. into OpenWorld, Inc. (the "Merger"). On the effective date of the Merger, the closing price of OpenWorld, Inc.'s common stock was $8.98. Mr. Shaw has sole beneficial ownership over the shares held by Webslinger Holdings Inc. |
Common Stock
(I)
|
4,989,997 |
| 2026-09-30 | Wang Jack |
SVP, Technology and CIO |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations upon the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
2,224 |
| 2026-09-30 | Cola Jennifer L. |
VP, Finance |
Award↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted shares were granted under the 2020 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and vested upon grant. |
Common Stock, par value $0.001 per share
|
13,000 |
| 2026-09-30 | Wang Jack |
SVP, Technology and CIO |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Common Stock, par value $0.001 per share
|
7,500 |
| 2026-09-30 | Cola Jennifer L. |
VP, Finance |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations on the vesting of restricted shares. |
Common Stock, par value $0.001 per share
|
4,841 |
| 2026-09-30 | Cola Jennifer L. |
VP, Finance |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Common Stock, par value $0.001 per share
|
2,400 |
| 2026-09-30 | Stedham Adam H |
Director, CEO and President |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. Includes 2,860 vested RSUs that become payable, on a one-for-one basis, in shares of common stock upon separation of the Reporting Person's service from the issuer. |
Common Stock, par value $0.001 per share
|
55,000 |
| 2026-09-30 | Cola Jennifer L. |
VP, Finance |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations on the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
894 |
| 2026-09-30 | Cola Jennifer L. |
VP, Finance |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Restricted Stock Units
|
2,400 |
| 2026-09-30 | GREENBERG SCOTT N |
Director, Executive Chairman |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Restricted Stock Units
|
3,500 |
| 2026-09-30 | McMeekin Russel Harold |
Global Corporate President |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Received in exchange for stock options to acquire shares of OpenWorld, Ltd. in connection with the closing of the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026. The vesting commencement date of these options is 9/15/2024 (the "Vesting Commencement Date"). Subject to reporting person's continuous service, 1/3rd of the options shall vest on the 1-year anniversary of the Vesting Commencement Date and, thereafter, 1/36th of the options shall vest on same day of each succeeding calendar month, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date. |
Stock Option (Right to Buy)
|
469,568 |
| 2026-09-30 | Stedham Adam H |
Director, CEO and President |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations on the vesting of RSUs. Includes 2,860 vested RSUs that become payable, on a one-for-one basis, in shares of common stock upon separation of the Reporting Person's service from the issuer. |
Common Stock, par value $0.001 per share
|
18,590 |
| 2026-09-30 | Wang Jack |
SVP, Technology and CIO |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which converted into common stock on a one-for-one basis, vested on September 30, 2026. |
Restricted Stock Units
|
7,500 |
| 2026-06-19 | Stedham Adam H |
Director, CEO and President |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations on the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
21,897 |
| 2026-06-19 | Stedham Adam H |
Director, CEO and President |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which convert into common stock on a one-for-one basis ("RSUs"), vested on 6/19/2026. |
Restricted Stock Units
|
68,028 |
| 2026-06-19 | Stedham Adam H |
Director, CEO and President |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units, which convert into common stock on a one-for-one basis ("RSUs"), vested on 6/19/2026. 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. Also adjusted to increase the amount beneficially owned by 2,359 shares that were inadvertently left off of the Reporting Person's prior Form 4 reports. |
Common Stock, par value $0.001 per share
|
68,028 |
| 2026-01-01 | Stedham Adam H |
Director, CEO and President |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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. |
Restricted Stock Units
|
18,750 |
| 2026-01-01 | Wang Jack |
SVP, Technology and CIO |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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. |
Restricted Stock Units
|
11,812 |
| 2026-01-01 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholdings obligations upon the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
4,201 |
| 2026-01-01 | Wang Jack |
SVP, Technology and CIO |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
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. |
Common Stock, par value $0.001 per share
|
11,812 |
| 2026-01-01 | Wang Jack |
SVP, Technology and CIO |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations upon the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
3,159 |
| 2026-01-01 | Stedham Adam H |
Director, CEO and President |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
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. 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. |
Common Stock, par value $0.001 per share
|
18,750 |
| 2026-01-01 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
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. |
Common Stock, par value $0.001 per share
|
12,500 |
| 2026-01-01 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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. |
Restricted Stock Units
|
12,500 |
| 2026-01-01 | Stedham Adam H |
Director, CEO and President |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations on the vesting of RSUs. 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. |
Common Stock, par value $0.001 per share
|
6,937 |
| 2025-11-02 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units ("RSUs") vested on 11/2/2025 and converted into common stock on a one-for-one basis. |
Restricted Stock Units
|
13,334 |
| 2025-11-02 | Wang Jack |
SVP, Technology and CIO |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units ("RSUs") vested on 11/2/2025 and converted into common stock on a one-for-one basis. |
Common Stock, par value $0.001 per share
|
13,334 |
| 2025-11-02 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Convert↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
These restricted stock units ("RSUs") vested on 11/2/2025 and converted into common stock on a one-for-one basis. |
Common Stock, par value $0.001 per share
|
13,334 |
| 2025-11-02 | Volk Fred III |
VP-Ops, PeriShip Global LLC |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholdings obligations upon the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
5,305 |
| 2025-11-02 | Wang Jack |
SVP, Technology and CIO |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units ("RSUs") vested on 11/2/2025 and converted into common stock on a one-for-one basis. |
Restricted Stock Units
|
13,334 |
| 2025-11-02 | Wang Jack |
SVP, Technology and CIO |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Shares withheld to cover tax withholding obligations upon the vesting of RSUs. |
Common Stock, par value $0.001 per share
|
4,293 |
| 2025-10-09 | GREENBERG SCOTT N |
Director, Executive Chairman |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the VerifyMe, Inc. 2020 Equity Incentive Plan and will vest on the first anniversary of the grant date and become payable upon the reporting person's separation from service with the issuer. |
Restricted Stock Units
|
35,000 |
| 2025-10-09 | Edmonds David Bruce |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the VerifyMe, Inc. 2020 Equity Incentive Plan and will vest on the first anniversary of the grant date and become payable upon the reporting person's separation from service with the issuer. |
Restricted Stock Units
|
35,000 |
| 2025-10-09 | GOLDBERG HOWARD |
Director |
Award↑
Filing footnotes — Common Stock, par value $0.001 (Direct)
This restricted stock award was granted under the VerifyMe, Inc. 2020 Equity Incentive Plan and, except as otherwise provided in the award notice, vests on the first anniversary of the grant date. Includes 89,310 vested restricted stock units 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. |
Common Stock, par value $0.001
|
35,000 |
| 2025-10-09 | GELLER MARSHALL S |
Director |
Award↑
Filing footnotes — Common Stock, par value $0.001 (Direct)
This restricted stock award was granted under the VerifyMe, Inc. 2020 Equity Incentive Plan and, except as otherwise provided in the award notice, vests on the first anniversary of the grant date. |
Common Stock, par value $0.001
|
35,000 |
| 2025-09-23 | GREENBERG SCOTT N |
Director, Executive Chairman |
Gift↓
Filing footnotes — Common Stock, par value $0.001 (Direct)
The Reporting Person transferred these shares to a revocable trust for no consideration. The Reporting Person and his spouse are co-trustees of the trust. Includes 68,310 vested restricted stock units 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. |
Common Stock, par value $0.001
|
25,000 |
| 2025-09-22 | GREENBERG SCOTT N |
Director, Executive Chairman |
Gift↓
Filing footnotes — Common Stock, par value $0.001 (Direct)
The Reporting Person transferred these shares to a revocable trust for no consideration. The Reporting Person and his spouse are co-trustees of the trust. Includes 68,310 vested restricted stock units 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. |
Common Stock, par value $0.001
|
4,800 |