Napco Security Technologies (NSSC) CRO discloses 25,000-share stock option holding
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pipczynski Joseph Casmir
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 25,000 shares (Direct)
Footnotes (1)
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.
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.