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AWARE INC /MA/

For the period ended Jul 15, 2026. Filed May 22, 2026.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Jul 15, 2026 · Filed May 22, 2026

AWRE$0.97+1.0%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities

Exchange Act of 1934 (Amendment No. )

Filed by the Registrant☒
Filed by a Party other than the Registrant☐
Check the appropriate box:
☐Preliminary Proxy Statement
☐Confidential, for Use of the Commission only (as permitted by Rule 14a-6(e)(2))
☒Definitive Proxy Statement
☐Definitive Additional Materials
☐Soliciting Material Under Rule 14a-12

AWARE, INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):
☒No fee required.
☐Fee paid previously with preliminary materials.
☐Fee computed on table in exhibit required b item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0.11

May 25, 2026

Dear Fellow Stockholder:

You are cordially invited to attend the 2026 Annual Meeting of Stockholders of Aware, Inc. ("Aware") to be held at Aware’s corporate office, located at 76 Blanchard Road in Burlington, Massachusetts 01803 on Wednesday, July 15, 2026 at 10:00 a.m. local time. The attached notice and proxy statement describe the formal business to be transacted at the meeting.

We are furnishing proxy materials to our shareholders over the Internet. You may read, print and download our 2025 Annual Report to Stockholders and our Proxy Statement atwww.proxydocs.com/AWRE. On May 25, 2026, we mailed our stockholders a notice containing instructions on how to access these materials and how to vote their shares. The notice provides instructions on how you can request a paper copy of these materials by mail, by telephone or by email. If you requested your materials via email, the email contains voting instructions and links to the materials on the Internet.

You may vote your shares by proxy or in person at the Annual Meeting. The Annual Meeting is being held so that stockholders may consider:

the re-election of Ajay K. Amlani and Peter R. Faubert as Class III directors,

an advisory resolution with respect to the compensation of Aware's named executive officers, as described in this Proxy Statement,

the ratification of the appointment of RSM US LLP as Aware’s independent registered public accounting firm for the year ending December 31, 2026; and

To approve an amendment to the Company’s 2023 Equity and Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder by 1,000,000 shares.

The board of directors of Aware has determined that the matters to be considered at the Annual Meeting are in the best interests of Aware and its stockholders. For the reasons set forth in the Proxy Statement, the board of directors unanimously recommends a vote “FOR” the re-election of Messrs. Amlani and Faubert, "FOR" the approval on an advisory basis of the executive compensation descried in this Proxy Statement, and "FOR" the ratification of RSM US LLP as Aware's independent registered public accounting firm for the year ending December 31, 2026.

On behalf of the board of directors and the officers and employees of Aware, I would like to take this opportunity to thank our stockholders for their continued support of Aware. We look forward to seeing you at the meeting.

Sincerely,

/s/ Ajay K. Amlani

Ajay K. Amlani

Chief Executive Officer and President

Notice of Annual Meeting of Stockholders

to be held on July 15, 2026

Aware, Inc. hereby gives notice that it will hold its annual meeting of stockholders at the offices of Aware, Inc., 76 Blanchard Road, Burlington, Massachusetts on Wednesday, July 15, 2026, beginning at 10:00 a.m., local time, for the following purposes:

To consider and vote upon the re-election of Ajay K. Amlani and Peter R. Faubert as our Class III directors;

To conduct an advisory vote to approve the compensation of our named executive officers;

To ratify the appointment by our audit committee of RSM US LLP as our independent registered public accounting firm for our fiscal year ended December 31, 2026;

To approve an amendment to the Company’s 2023 Equity and Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder by 1,000,000 shares; and

To transact such other business as may properly come before the annual meeting or any adjournment thereof.

The board of directors has fixed the close of business on May 19, 2026 as the record date for the determination of the stockholders of Aware entitled to receive notice of the annual meeting and to vote at the meeting. Only stockholders of record on that date are entitled to receive notice of the annual meeting and to vote at the meeting or any adjournment thereof.

By order of the board of directors,

AJAY K. AMLANI

Chief Executive Officer and President

May 25, 2026

Burlington, Massachusetts

YOUR VOTE IS IMPORTANT

Please sign and return the enclosed proxy or vote your proxy over the Internet or by telephone,

whether or not you plan to attend the meeting.

Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to Be Held on July 15, 2026. The Proxy Statement and our 2025 Annual Report to Stockholders are available on the following web site: www.proxydocs.com/AWRE.

This website does not use “cookies” to track or identify visitors.

(781) 687-0300

PROXY STATEMENT

ANNUAL MEETING OF STOCKHOLDERS

to be held on July 15, 2026

This proxy statement relates to the 2026 annual meeting of stockholders of Aware, Inc. (“Aware”). The annual meeting will take place as follows:

Date: July 15, 2026

Time: 10:00 a.m.

Place: Aware, Inc.

Our board of directors is soliciting proxies for the annual meeting and adjournments of the annual meeting. If a stockholder returns a properly executed proxy or votes his or her proxy over the Internet or by telephone, the shares represented by the proxy will be voted in accordance with the stockholder’s directions. If a stockholder does not specify a vote on any proposal, the shares covered by his or her proxy will be voted on that proposal as management recommends. We encourage stockholders to vote on all proposals. A stockholder may revoke his, her or its proxy at any time before it has been exercised.

A Notice of Internet Availability of Proxy Materials is being mailed and the Proxy Statement, Annual Report and the form of proxy are first being sent or made available to stockholders on or about May 21, 2026.

PROXY STATEMENT

table of contents

Annual Meeting of Stockholders2
Purpose of the annual meeting2
Record date2
Shares Held by Brokers or Nominees3
Quorum4
Vote required; tabulation of votes4
Revocation of proxies5
Solicitation of proxies5
Matters To Be Considered At The Annual Meeting6
Proposal One—Re-Election of Class III Directors6
Proposal Two—Advisory Vote on Executive Compensation6
Proposal Three— Ratification of the Selection of our Independent Registered Public Accounting Firm7
Proposal Four— To approve an amendment to the Company's 2023 Equity and Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder by 1,000,000 shares7
Corporate Governance15
Directors and Executive Officers16
Directors and executive officers16
Board leadership structure and role in risk oversight20
Certain relationships and related transactions20
Committees and meetings of the board21
Policy regarding board attendance22
Communications with our board of directors23
Code of ethics23
Compensation committee interlocks and insider participation23
Compensation of Executive Officers and Directors24
DIRECTOR COMPENSATION34
Report of the Audit Committee35
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters36
Principal stockholders36
Equity compensation plan information37
Delinquent Section 16(a) Reports39
Independent Registered Public Accounting Firm40
Fees for professional services40
Attendance at annual meeting40
Pre-approval policies and procedures40
Stockholder Proposals41
Available Information41
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.