Northern Technologies director granted 15K options
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC) reported that director Narayan Ramani received a grant of stock options on September 1, 2026 to acquire 15,044 shares of common stock at an exercise price of $8.08 per share.
Rhea-AI Filing Summary
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC) reported that director Narayan Ramani received a grant of stock options on September 1, 2026 to acquire 15,044 shares of common stock at an exercise price of $8.08 per share. The options become exercisable on September 1, 2027 and expire on August 31, 2036. After this grant, he holds 15,044 options and 106,763 common shares directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 15,044 shares
Grant/Award
2 txns
Insider
Narayan Ramani
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 15,044 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 15,044 contracts (Direct);
Common Stock — 106,763 shares (Direct)
Key Figures
Stock options granted: 15,044 options
Exercise price: $8.08 per share
Option exercisability date: September 1, 2027
+3 more
6 metrics
Stock options granted
15,044 options
Grant to director Narayan Ramani on September 1, 2026
Exercise price
$8.08 per share
Exercise price of the 15,044 stock options granted
Option exercisability date
September 1, 2027
Date on which the granted options become exercisable
Option expiration date
August 31, 2036
Expiration of the granted stock options
Common shares held after transaction
106,763 shares
Directly owned NTIC common stock by Narayan Ramani after the grant
Options held after transaction
15,044 options
Direct derivative holdings following the reported grant
Key Terms
Stock Option (right to buy), exercise price, expiration date, Rule 10b5-1
4 terms
Stock Option (right to buy) financial
"security titled "Stock Option (right to buy)" was granted"
exercise price financial
"options have an exercise price of $8.08 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"options carry an expiration date of August 31, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did NTIC director Narayan Ramani report on this Form 4?
He reported a grant of stock options on September 1, 2026 to acquire 15,044 shares of Northern Technologies International Corp common stock at an exercise price of $8.08 per share, with no purchase price paid for the grant itself.
What are the key terms of Narayan Ramani’s NTIC stock option grant?
The grant covers 15,044 options with an exercise price of $8.08 per share. The options become exercisable on September 1, 2027 and have an expiration date of August 31, 2036.
Was Narayan Ramani’s NTIC option grant made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan is reported in connection with the transactions disclosed on this Form 4.
Does the Form 4 report any sales or purchases of NTIC common stock by Narayan Ramani?
No. It reports only a stock option grant for 15,044 underlying shares and a holding entry showing he directly owns 106,763 shares of common stock; there are no reported sales or open-market purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
