Mitek Systems Adopts New Performance-Based Annual Incentive Plan

Mitek Systems (MITK) has adopted a new Annual Incentive Plan on February 20, 2026, to attract, motivate, retain, and reward full-time employees, including executives. Cash bonuses under this plan will be tied to corporate and individual performance goals, focusing on revenue and adjusted EBITDA. This move aims to align employees’ incentives with Mitek’s overall growth and profitability objectives.

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