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Nocopi Technologies (NNUP) CFO reports 10,000 RSU grant and tax withholding

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

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.

Positive

  • None.

Negative

  • None.
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)
12/29/2025
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 12/29/2025 A 10,000 A (1) 17,640 D
Common Stock 12/29/2025 F 2,360 D (2) 15,280 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
Explanation of Responses:
1. 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.
2. 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.
/s/ Debra Glickman 01/05/2026
** 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.

FAQ

What insider transaction did Nocopi Technologies (NNUP) disclose in this Form 4?

The company disclosed that its Chief Financial Officer received an award of 10,000 restricted stock units of Nocopi Technologies Inc. common stock on December 29, 2025.

How many Nocopi Technologies (NNUP) RSUs vested immediately for the CFO?

Out of the 10,000 restricted stock units granted, 5,000 RSUs vested immediately on December 29, 2025, with the remaining 5,000 scheduled to vest later.

What is the vesting schedule for the remaining RSUs granted to the Nocopi CFO?

The remaining 5,000 restricted stock units granted to the CFO are scheduled to vest on December 29, 2026, as stated in the filing.

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

The company withheld 2,360 shares of common stock to satisfy the CFO's tax obligations related to the vesting of the restricted stock units.

How many Nocopi Technologies (NNUP) shares does the CFO beneficially own after these transactions?

After the reported transactions, the CFO beneficially owned 15,280 shares of Nocopi Technologies Inc. common stock in direct ownership form.

What is the relationship of the reporting person to Nocopi Technologies (NNUP)?

The reporting person is identified as an Officer of Nocopi Technologies Inc., holding the title of Chief Financial Officer.
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