Nocopi director buys 1,000 shares at $1.90
NOCOPI TECHNOLOGIES INC (NNUP) director Eric Sites purchased common stock in the company.
Rhea-AI Filing Summary
NOCOPI TECHNOLOGIES INC (NNUP) director Eric Sites purchased common stock in the company. On September 9, 2026, he bought 1,000 shares of common stock at $1.90 per share in an open market or private transaction and now holds 1,000 shares directly. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
Sites Eric
Role
Director
Bought
1,000 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $1.90 | $2K |
Holdings After Transaction:
Common Stock — 1,000 shares (Direct)
Key Figures
Shares purchased: 1,000 shares
Purchase price per share: $1.90 per share
Shares owned after transaction: 1,000 shares
+1 more
4 metrics
Shares purchased
1,000 shares
Common stock bought by director Eric Sites on September 9, 2026
Purchase price per share
$1.90 per share
Price paid for NNUP common stock on September 9, 2026
Shares owned after transaction
1,000 shares
Direct holdings of Eric Sites following the reported purchase
Net shares bought
1,000 shares
Net insider share change reported in this Form 4
Key Terms
open market or private transaction, Rule 10b5-1, Form 4
3 terms
open market or private transaction financial
"Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Form 4 regulatory
"The Form 4 describes the transaction as a purchase of common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NNUP report on this Form 4?
The filing reports that director Eric Sites purchased 1,000 shares of NOCOPI TECHNOLOGIES INC common stock at $1.90 per share on September 9, 2026, in an open market or private transaction.
Was the NNUP insider purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan applies to this transaction.
What type of transaction is reported for NNUP on this Form 4?
The Form 4 describes the transaction as a purchase of common stock in an open market or private transaction by director Eric Sites on September 9, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.