Napco Security Technologies, Inc. filings document a Delaware operating company with Nasdaq-listed common stock under the symbol NSSC. Form 8-K reports furnish quarterly and fiscal-year operating results, financial condition updates, Regulation FD disclosures, cash-dividend declarations and selected leadership or officer matters.
Proxy materials cover annual meeting matters such as director elections, auditor ratification and stockholder voting procedures. The company's SEC record also identifies its security registration, governance framework and recurring disclosure areas tied to its electronic security equipment, wireless communication services and related recurring service revenue model.
Napco Security Technologies insider Michael Carrieri reported multiple option exercises and stock transactions on 09/17/2025. The filing shows Carrieri exercised employee stock options to acquire 10,000 shares at an exercise price of $22.495 and 2,000 shares at $26.94, adding those shares to his direct holdings. He also acquired 10,000 shares by exercise of options priced at $22.495 and recorded two dispositions labeled F totaling 6,576 shares (5,305 and 1,271) described as shares used to pay the exercise price at $42.40. After the reported transactions, his direct beneficial ownership in common stock is reported at 23,261 shares. The reporting person is Executive VP of Engineering and filed as an individual.
Napco Security Technologies, Inc. reported full-year net sales of $181.6 million, a 4% decline versus prior year, while recurring service revenue rose 14% to $86.3 million and produced a 91.0% gross margin. Equipment gross margin fell to 23.6% from 29.4%, and net income declined 13% to $43.4 million. The company held significant short-term time deposits (reported amounts include $66,355,000 at June 30, 2025 and prior-period cash equivalents of $46,518,000). No outstanding debt was reported as of June 30, 2025. Intangible assets had a weighted average remaining amortization of 14.1 years. Share counts show 100,000,000 shares authorized, ~39.77 million issued and ~35.66 million outstanding. The board repurchased substantial shares during fiscal 2025 and had 359,741 shares remaining available under its authorization. A dividend of $0.14 per share is payable October 3, 2025 to holders of record on September 12, 2025. The filing discloses a wide range of operational and regulatory risks, reliance on distributors, supply chain and cybersecurity concerns, and ongoing stock-based compensation and option activity.
Napco Security Technologies, Inc. reported its fourth quarter and fiscal year ended June 30, 2025 through a press release furnished with this report. The company also announced that its Board of Directors declared a cash dividend of $0.14 per share, payable on October 3, 2025, to stockholders of record as of September 12, 2025. The earnings details and dividend information are included in the press release attached as Exhibit 99.1.