STOCK TITAN

[Form 4] Northern Technologies International Corp. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

On 07/24/2025 Northern Technologies International Corp. (NTIC) director Richard Nigon filed a Form 4 reporting two insider transactions. He exercised 12,000 stock options at an exercise price of $7.43 (Transaction Code M), converting them into common shares. A separate Code F entry shows the disposition of 10,873 shares at $8.20, typically representing shares withheld for taxes. After both moves, Nigon’s direct ownership stands at 39,062 shares; the related option position is now fully settled with zero derivative securities remaining. The exercised option was fully vested and would have expired on 08/31/2025.

Il 24/07/2025, il direttore di Northern Technologies International Corp. (NTIC), Richard Nigon, ha presentato un Modulo 4 riportando due operazioni interne. Ha esercitato 12.000 opzioni su azioni a un prezzo di esercizio di 7,43$ (Codice Transazione M), convertendole in azioni ordinarie. Un'entrata separata con Codice F mostra la cessione di 10.873 azioni a 8,20$, generalmente rappresentando azioni trattenute per tasse. Dopo entrambe le operazioni, la posizione diretta di Nigon è di 39.062 azioni; la posizione relativa alle opzioni è ora completamente liquidata con zero titoli derivati residui. L'opzione esercitata era completamente maturata e sarebbe scaduta il 31/08/2025.

El 24/07/2025, el director de Northern Technologies International Corp. (NTIC), Richard Nigon, presentó un Formulario 4 reportando dos transacciones internas. Él ejerció 12,000 opciones sobre acciones a un precio de ejercicio de $7.43 (Código de Transacción M), convirtiéndolas en acciones comunes. Una entrada separada con Código F muestra la disposición de 10,873 acciones a $8.20, típicamente representando acciones retenidas para impuestos. Después de ambas operaciones, la propiedad directa de Nigon es de 39,062 acciones; la posición relacionada con opciones ahora está completamente saldada con cero valores derivados restantes. La opción ejercida estaba completamente consolidada y habría expirado el 31/08/2025.

2025년 7월 24일, Northern Technologies International Corp.(NTIC)의 이사 Richard Nigon이 내부자 거래 두 건을 보고하는 Form 4를 제출했습니다. 그는 행사 가격 $7.43(거래 코드 M)로 12,000주 스톡 옵션을 행사하여 보통주로 전환했습니다. 별도의 코드 F 항목은 일반적으로 세금 원천징수를 위해 보유된 10,873주 처분을 $8.20에 기록합니다. 두 거래 후 Nigon의 직접 보유 주식은 39,062주이며, 관련 옵션 포지션은 이제 파생 증권이 전혀 남아 있지 않은 상태로 완전히 정산되었습니다. 행사된 옵션은 완전히 권리 취득되었으며 2025년 8월 31일에 만료될 예정이었습니다.

Le 24/07/2025, le directeur de Northern Technologies International Corp. (NTIC), Richard Nigon, a déposé un formulaire 4 signalant deux transactions d’initiés. Il a exercé 12 000 options d’achat d’actions à un prix d’exercice de 7,43 $ (Code de transaction M), les convertissant en actions ordinaires. Une entrée distincte avec le Code F montre la cession de 10 873 actions à 8,20 $, représentant généralement des actions retenues pour le paiement des impôts. Après ces deux opérations, la détention directe de Nigon s’élève à 39 062 actions ; la position en options associée est désormais entièrement réglée, avec aucun titre dérivé restant. L’option exercée était entièrement acquise et aurait expiré le 31/08/2025.

Am 24.07.2025 reichte der Direktor von Northern Technologies International Corp. (NTIC), Richard Nigon, ein Formular 4 ein und meldete zwei Insidertransaktionen. Er übte 12.000 Aktienoptionen zu einem Ausübungspreis von 7,43 $ (Transaktionscode M) aus und wandelte diese in Stammaktien um. Ein separater Eintrag mit Code F zeigt die Veräußerung von 10.873 Aktien zu 8,20 $, was typischerweise für zurückbehaltene Aktien zur Steuerzahlung steht. Nach beiden Transaktionen hält Nigon direkt 39.062 Aktien; die zugehörige Optionsposition ist nun vollständig abgewickelt mit keinen verbleibenden Derivatwerten. Die ausgeübte Option war vollständig unverfallbar und wäre am 31.08.2025 abgelaufen.

Positive
  • 12,000 options exercised, converting derivative exposure into common shares and modestly boosting insider equity alignment.
Negative
  • 10,873 shares disposed via Code F, slightly reducing the gross number of shares acquired and limiting insider ownership growth.

Insights

TL;DR: Routine Form 4; modest net share increase, neutral impact.

The filing reflects normal insider activity rather than a strategic buy or sale. Exercising options shortly before their 08/31/25 expiry avoids forfeiture and converts derivative exposure into equity at $7.43. Although 10,873 shares were concurrently disposed of under Code F, the director retains a net 39,062-share stake, signalling continued alignment with shareholders. No new options were granted, and no material information about NTIC’s operations or outlook is revealed. Given the small size relative to NTIC’s float, the transaction is not expected to move the stock.

Il 24/07/2025, il direttore di Northern Technologies International Corp. (NTIC), Richard Nigon, ha presentato un Modulo 4 riportando due operazioni interne. Ha esercitato 12.000 opzioni su azioni a un prezzo di esercizio di 7,43$ (Codice Transazione M), convertendole in azioni ordinarie. Un'entrata separata con Codice F mostra la cessione di 10.873 azioni a 8,20$, generalmente rappresentando azioni trattenute per tasse. Dopo entrambe le operazioni, la posizione diretta di Nigon è di 39.062 azioni; la posizione relativa alle opzioni è ora completamente liquidata con zero titoli derivati residui. L'opzione esercitata era completamente maturata e sarebbe scaduta il 31/08/2025.

El 24/07/2025, el director de Northern Technologies International Corp. (NTIC), Richard Nigon, presentó un Formulario 4 reportando dos transacciones internas. Él ejerció 12,000 opciones sobre acciones a un precio de ejercicio de $7.43 (Código de Transacción M), convirtiéndolas en acciones comunes. Una entrada separada con Código F muestra la disposición de 10,873 acciones a $8.20, típicamente representando acciones retenidas para impuestos. Después de ambas operaciones, la propiedad directa de Nigon es de 39,062 acciones; la posición relacionada con opciones ahora está completamente saldada con cero valores derivados restantes. La opción ejercida estaba completamente consolidada y habría expirado el 31/08/2025.

2025년 7월 24일, Northern Technologies International Corp.(NTIC)의 이사 Richard Nigon이 내부자 거래 두 건을 보고하는 Form 4를 제출했습니다. 그는 행사 가격 $7.43(거래 코드 M)로 12,000주 스톡 옵션을 행사하여 보통주로 전환했습니다. 별도의 코드 F 항목은 일반적으로 세금 원천징수를 위해 보유된 10,873주 처분을 $8.20에 기록합니다. 두 거래 후 Nigon의 직접 보유 주식은 39,062주이며, 관련 옵션 포지션은 이제 파생 증권이 전혀 남아 있지 않은 상태로 완전히 정산되었습니다. 행사된 옵션은 완전히 권리 취득되었으며 2025년 8월 31일에 만료될 예정이었습니다.

Le 24/07/2025, le directeur de Northern Technologies International Corp. (NTIC), Richard Nigon, a déposé un formulaire 4 signalant deux transactions d’initiés. Il a exercé 12 000 options d’achat d’actions à un prix d’exercice de 7,43 $ (Code de transaction M), les convertissant en actions ordinaires. Une entrée distincte avec le Code F montre la cession de 10 873 actions à 8,20 $, représentant généralement des actions retenues pour le paiement des impôts. Après ces deux opérations, la détention directe de Nigon s’élève à 39 062 actions ; la position en options associée est désormais entièrement réglée, avec aucun titre dérivé restant. L’option exercée était entièrement acquise et aurait expiré le 31/08/2025.

Am 24.07.2025 reichte der Direktor von Northern Technologies International Corp. (NTIC), Richard Nigon, ein Formular 4 ein und meldete zwei Insidertransaktionen. Er übte 12.000 Aktienoptionen zu einem Ausübungspreis von 7,43 $ (Transaktionscode M) aus und wandelte diese in Stammaktien um. Ein separater Eintrag mit Code F zeigt die Veräußerung von 10.873 Aktien zu 8,20 $, was typischerweise für zurückbehaltene Aktien zur Steuerzahlung steht. Nach beiden Transaktionen hält Nigon direkt 39.062 Aktien; die zugehörige Optionsposition ist nun vollständig abgewickelt mit keinen verbleibenden Derivatwerten. Die ausgeübte Option war vollständig unverfallbar und wäre am 31.08.2025 abgelaufen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
NIGON RICHARD

(Last) (First) (Middle)
C/O NORTHERN TECHNOLOGIES INT'L CORP.
4201 WOODLAND ROAD, PO BOX 69

(Street)
CIRCLE PINES MN 55014

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NORTHERN TECHNOLOGIES INTERNATIONAL CORP [ NTIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/24/2025 M 12,000 A $7.43 49,935 D
Common Stock 07/24/2025 F 10,873 D $8.2 39,062 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $7.43 07/24/2025 M 12,000 (1) 08/31/2025 Common Stock 12,000 $0 0 D
Explanation of Responses:
1. This option has fully vested.
/s/ Matthew C. Wolsfeld-Attorney-in-fact 07/28/2025
** 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 4 (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 activity did NTIC report on Form 4?

Director Richard Nigon exercised 12,000 options and disposed of 10,873 common shares on 07/24/2025.

At what price were the NTIC options exercised?

The options were exercised at an exercise price of $7.43 per share.

How many NTIC shares were sold or withheld?

A total of 10,873 shares were disposed of at $8.20 under Transaction Code F.

What is Richard Nigon’s NTIC share ownership after the transactions?

He now directly owns 39,062 common shares.

When would the exercised NTIC options have expired?

The options were due to expire on 08/31/2025.
Northern Techn

NASDAQ:NTIC

NTIC Rankings

NTIC Latest News

NTIC Latest SEC Filings

NTIC Stock Data

73.05M
7.82M
17.47%
42.43%
1.46%
Specialty Chemicals
Coating, Engraving & Allied Services
Link
United States
CIRCLE PINES