Nocopi Technologies (NNUP) CEO awarded 10,000 RSUs with staged vesting
Rhea-AI Filing Summary
Nocopi Technologies Inc. (NNUP) reported an insider equity award for its Chief Executive Officer and director, Matthew Winger. On December 29, 2025, he was granted 10,000 shares of common stock in the form of restricted stock units. According to the disclosure, 5,000 of these units vested immediately on the grant date, and the remaining 5,000 are scheduled to vest on December 29, 2026, with each unit representing one share of common stock.
Following this grant and related vesting, the reporting person beneficially owns 245,916 shares of Nocopi Technologies common stock in direct ownership. This filing reflects routine equity-based compensation for a senior executive and director rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | $0.00 |
Footnotes (1)
- 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.
FAQ
What insider transaction did Nocopi Technologies Inc. (NNUP) report in this Form 4?
How are the 10,000 restricted stock units for NNUP's CEO scheduled to vest?
What does each restricted stock unit represent for Nocopi Technologies Inc. (NNUP)?
What is the role of the reporting person at Nocopi Technologies Inc. (NNUP)?
Is this NNUP Form 4 filing a purchase or a compensation grant?
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