Nocopi Technologies (NNUP) president reports RSU grant and share buy
Rhea-AI Filing Summary
Nocopi Technologies Inc. reported insider activity by a director and officer serving as President. On December 29, 2025, the reporting person was granted 20,000 restricted stock units, with 10,000 vesting immediately and the remaining 10,000 scheduled to vest on December 29, 2026. Each unit represents the right to receive one share of Nocopi Technologies common stock.
In a separate transaction on December 31, 2025, the reporting person entered into a Stock Purchase Agreement to buy 33,333 shares of the company’s common stock at $1.50 per share in a private placement. Following these transactions, the filing shows the reporting person directly beneficially owning 200,533 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | -- |
| Purchase | Common Stock | 33,333 | $1.50 | $50K |
Footnotes (1)
- On December 29, 2025, the Reporting Person was granted restricted stock units, of which 10,000 vested immediately on the grant date and the remaining 10,000 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. On December 31, 2025, the Reporting Person entered into a Stock Purchase Agreement between the Company and the Reporting Person whereby the Reporting Person agreed to purchase 33,333 shares of the Company's common stock at a price of $1.50 per share in a private placement.
FAQ
What insider transactions were reported for NNUP in this Form 4?
The filing reports two main items: a grant of 20,000 restricted stock units on December 29, 2025, and a Stock Purchase Agreement dated December 31, 2025 for the purchase of 33,333 shares of Nocopi Technologies common stock at $1.50 per share in a private placement.
What are the vesting terms of the restricted stock units reported for NNUP?
On December 29, 2025, the reporting person was granted 20,000 restricted stock units. According to the disclosure, 10,000 units vested immediately on the grant date, and the remaining 10,000 units are scheduled to vest on December 29, 2026. Each unit represents a right to receive one share of Nocopi Technologies common stock.
What is the reporting person’s role at Nocopi Technologies (NNUP)?
The reporting person is identified as both a Director and an Officer of Nocopi Technologies Inc., with the officer title listed as President.