Northern Technologies CEO granted 40K options
NTIC’s President and CEO received a multi-year vesting stock option grant while maintaining significant direct and indirect share interests.
Rhea-AI Filing Summary
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC) reported that director, President and CEO, and ten percent owner G. Patrick Lynch received a grant of stock options for 40,257 shares of common stock on September 1, 2026 at an exercise price of $8.08 per share, expiring August 31, 2036. The option vests in three equal installments of 13,419 shares on each of September 1, 2027, 2028, and 2029. Following this grant, he holds 105,284 common shares directly and has an indirect interest in 1,203,334 shares held by Inter Alia Holding Company, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 40,257 shares
Grant/Award
3 txns
Insider
LYNCH G PATRICK
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F2 | 40,257 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 40,257 contracts (Direct);
Common Stock — 1,203,334 shares (Indirect, (1));
Common Stock — 105,284 shares (Direct)
Footnotes (2)
- F1. These shares are held directly by Inter Alia Holding Company of which G. Patrick Lynch is an officer and stockholder. Mr. G. Patrick Lynch disclaims beneficial ownership of the shares held by Inter Alia Holding Company, except to the extent of his pecuniary interest therein.
- F2. This option vests with respect to 13,419 shares on each of September 1, 2027, September 1, 2028, and September 1, 2029.
Key Figures
Stock options granted: 40,257 shares
Option exercise price: $8.08 per share
Option expiration date: August 31, 2036
+3 more
6 metrics
Stock options granted
40,257 shares
Stock option grant to G. Patrick Lynch on September 1, 2026
Option exercise price
$8.08 per share
Exercise price for the 40,257-share stock option grant
Option expiration date
August 31, 2036
Expiration date of the granted stock options
Vesting per year
13,419 shares
Number of option shares vesting on each of September 1, 2027, 2028, and 2029
Direct common shares held
105,284 shares
Direct NTIC common stock holdings after the reported transactions
Indirect common shares held
1,203,334 shares
NTIC shares held by Inter Alia Holding Company associated with G. Patrick Lynch
Key Terms
beneficial ownership, pecuniary interest, indirect ownership, stock option
4 terms
beneficial ownership financial
"disclaims beneficial ownership of the shares held by Inter Alia Holding Company"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
indirect ownership financial
"These shares are held directly by Inter Alia Holding Company of which G. Patrick Lynch is an officer and stockholder"
stock option financial
"This option vests with respect to 13,419 shares on each of September 1, 2027, September 1, 2028, and September 1, 2029"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
What did NTIC insider G. Patrick Lynch report on this Form 4?
He reported a grant of stock options for 40,257 shares of NORTHERN TECHNOLOGIES INTERNATIONAL CORP common stock on September 1, 2026, with a multi-year vesting schedule and a fixed exercise price.
What are the key terms of the new stock option grant at NTIC?
The option covers 40,257 shares of NTIC common stock at an exercise price of $8.08 per share, expiring on August 31, 2036. It vests in three equal tranches of 13,419 shares on September 1 of 2027, 2028, and 2029.
Was the NTIC Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported in connection with the stock option grant or the reported holdings.
What roles does G. Patrick Lynch have at NTIC according to the Form 4?
G. Patrick Lynch is identified as a director, President and CEO, and a ten percent owner of NORTHERN TECHNOLOGIES INTERNATIONAL CORP in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
