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Nocopi Technologies (NNUP) CFO details RSU vesting and 2,360-share tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nocopi Technologies Inc. reported insider equity activity by its Chief Financial Officer, Debra Glickman. The filing shows that on December 24, 2025, 5,000 shares of common stock were issued to her upon vesting of previously granted restricted stock units, each unit converting into one share of common stock.

On the same date, the company withheld 2,360 shares to cover her tax obligations related to this vesting. After these transactions, Glickman directly beneficially owned 7,640 shares of Nocopi Technologies common stock.

Positive

  • None.

Negative

  • None.
Insider Glickman Debra Elyse
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 5,000 $0.00 --
Exercise Common Stock 5,000 $0.00 --
Tax Withholding Common Stock 2,360 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 10,000 shares (Direct)
Footnotes (1)
  1. On December 23, 2024, the Reporting Person was granted restricted stock units, of which 5,000 vested immediately on the grant date and the remaining 5,000 vested on December 24, 2025. Each restricted stock unit represents a contingent right to receive one share of Nocopi Technologies, Inc. (the "Company") common stock. On December 24, 2025, 5,000 shares underlying the previously granted restricted stock units vested. On December 24, 2025, the Company withheld 2,360 shares of common stock in satisfaction of the Reporting Person's tax obligations in connection with the above mentioned vesting of outstanding restricted stock units.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Glickman Debra Elyse
(Last) (First) (Middle)
480 SHOEMAKER ROAD
SUITE 104
(Street)
KING OF PRUSSIA PA 19406
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NOCOPI TECHNOLOGIES INC/MD/ [ NNUP ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/24/2025 M 5,000 A (1)(2) 10,000 D
Common Stock 12/24/2025 F 2,360 D (3) 7,640 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 12/24/2025 M 5,000 (1) (1) Common Stock 5,000 $0 0 D
Explanation of Responses:
1. On December 23, 2024, the Reporting Person was granted restricted stock units, of which 5,000 vested immediately on the grant date and the remaining 5,000 vested on December 24, 2025. Each restricted stock unit represents a contingent right to receive one share of Nocopi Technologies, Inc. (the "Company") common stock.
2. On December 24, 2025, 5,000 shares underlying the previously granted restricted stock units vested.
3. On December 24, 2025, the Company withheld 2,360 shares of common stock in satisfaction of the Reporting Person's tax obligations in connection with the above mentioned vesting of outstanding restricted stock units.
/s/ Debra Glickman 12/30/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Nocopi Technologies (NNUP) disclose for its CFO?

The filing shows that Chief Financial Officer Debra Glickman received 5,000 shares of Nocopi Technologies common stock on December 24, 2025 when previously granted restricted stock units vested.

How many Nocopi Technologies (NNUP) restricted stock units vested in this transaction?

On December 24, 2025, 5,000 restricted stock units previously granted to the CFO vested, resulting in the issuance of 5,000 shares of common stock.

How many Nocopi Technologies (NNUP) shares were withheld for taxes in this Form 4?

The company withheld 2,360 shares of common stock on December 24, 2025 to satisfy the CFO’s tax obligations related to the vesting of restricted stock units.

How many Nocopi Technologies (NNUP) shares does the CFO own after this transaction?

Following the reported transactions, Chief Financial Officer Debra Glickman directly beneficially owned 7,640 shares of Nocopi Technologies common stock.

What was the original grant of restricted stock units referenced in the Nocopi (NNUP) filing?

The disclosure states that on December 23, 2024 the CFO was granted restricted stock units, with 5,000 units vesting immediately on the grant date and the remaining 5,000 units vesting on December 24, 2025.

What role does the reporting person hold at Nocopi Technologies (NNUP)?

The reporting person, Debra Glickman, is identified as an officer of Nocopi Technologies Inc. and holds the title of Chief Financial Officer.