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Napco Security Technologies (NSSC) CRO discloses 25,000-share stock option holding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Napco Security Technologies, Inc. disclosed insider holdings for Chief Revenue Officer Joseph Casmir Pipczynski in a Form 3. The filing reports an employee stock option for 25,000 shares of common stock, first exercisable on 01/29/2026 at an exercise price of $38.3 per share and expiring on 01/29/2036. The option is reported as directly owned.

Positive

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0104
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1. Name and Address of Reporting Person*
Pipczynski Joseph Casmir

(Last) (First) (Middle)
67 WHITEBROOK DRIVE

(Street)
RIVERHEAD NY 11901

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/29/2026
3. Issuer Name and Ticker or Trading Symbol
NAPCO SECURITY TECHNOLOGIES, INC [ NSSC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) 01/29/2026 01/29/2036 Common Stock 25,000 $38.3 D
Explanation of Responses:
Joseph Pipczynski 02/06/2026
** 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 5 (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 position was reported for NSSC in this Form 3?

The Form 3 reports that Chief Revenue Officer Joseph Casmir Pipczynski holds an employee stock option over 25,000 shares of Napco Security Technologies common stock. This option position reflects his beneficial ownership of derivative securities tied to the company’s equity.

How many NSSC shares are covered by the reported stock option?

The employee stock option reported covers 25,000 shares of Napco Security Technologies common stock. This represents the amount of underlying shares that can be purchased upon exercise of the option, subject to its terms and exercisability dates disclosed in the filing.

What is the exercise price of the CRO’s employee stock option at NSSC?

The exercise price of Chief Revenue Officer Joseph Casmir Pipczynski’s employee stock option is $38.3 per share. This means he can buy Napco Security Technologies common stock at $38.3 for each share when exercising the option, within the option’s stated term.

When does the reported NSSC employee stock option become exercisable and expire?

The employee stock option becomes exercisable on 01/29/2026 and expires on 01/29/2036. This provides a 10-year window during which the Chief Revenue Officer may choose to exercise the option, consistent with the long-dated structure described in the filing.

Is the reported NSSC stock option held directly or indirectly?

The Form 3 indicates the employee stock option is held directly by the reporting person, coded as “D” for direct ownership. No nature of indirect beneficial ownership is listed, and there are no qualifying footnotes reallocating ownership to another entity.

Who is the reporting person in this NSSC Form 3 filing?

The reporting person is Joseph Casmir Pipczynski, who serves as Chief Revenue Officer of Napco Security Technologies. The filing classifies him as an officer, not a director or 10% owner, and discloses his directly held employee stock option position in company shares.
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