Nocopi CFO awarded 10,000 RSUs; 2,360 shares withheld for tax
Nocopi Technologies Inc. reported an equity compensation award for its Chief Financial Officer.
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Rhea-AI Filing Summary
Nocopi Technologies Inc. reported an equity compensation award for its Chief Financial Officer. On December 29, 2025, the CFO received 10,000 restricted stock units of Nocopi Technologies common stock. According to the filing, 5,000 units vested immediately on the grant date, while the remaining 5,000 units are scheduled to vest on December 29, 2026.
Following these transactions, the CFO beneficially owned 17,640 shares of common stock after the grant and 15,280 shares after share withholding for taxes. The company withheld 2,360 shares of common stock to satisfy tax obligations arising from the vesting of restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,360 | $0.00 | $0.00 |
Footnotes (2)
- F1. On December 29, 2025, the Reporting Person was granted restricted stock units, of which 5,000 vested immediately on the grant date and the remaining 5,000 will vest on December 29, 2026. Each restricted stock unit represents a contingent right to receive one share of Nocopi Technologies, Inc. (the "Company") common stock.
- F2. On December 29, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nocopi Technologies (NNUP) disclose in this Form 4?
How many Nocopi Technologies (NNUP) RSUs vested immediately for the CFO?
What is the vesting schedule for the remaining RSUs granted to the Nocopi CFO?
What is the relationship of the reporting person to Nocopi Technologies (NNUP)?
AI-generated analysis. How Rhea-AI works. Not financial advice.