Northern Technologies CFO granted 29,755 options
NTIC’s CFO received a new stock option grant for 29,755 shares at $8.08, vesting over three years while holding 170,966 common shares directly.
Rhea-AI Filing Summary
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC) reported that its Chief Financial Officer and Corporate Secretary, Matthew C. Wolsfeld, received a grant of stock options on September 1, 2026 to acquire 29,755 shares of common stock at an exercise price of $8.08 per share, expiring on August 31, 2036. The option vests in three annual installments, and after this grant he held 170,966 shares of common stock directly.
The option vests with respect to 9,919 underlying shares on September 1, 2027 and 9,918 underlying shares on each of September 1, 2028 and September 1, 2029. No transactions under a Rule 10b5-1 trading plan are reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 29,755 shares
Grant/Award
2 txns
Insider
WOLSFELD MATTHEW C
Role
CFO and Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 29,755 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 29,755 contracts (Direct);
Common Stock — 170,966 shares (Direct)
Footnotes (1)
- F1. This option vests with respect to 9,919 shares on September 1, 2027, and with respect to 9,918 shares on each of September 1, 2028 and September 1, 2029.
Key Figures
Stock options granted: 29,755 options
Exercise price: $8.08 per share
Option expiration: August 31, 2036
+5 more
8 metrics
Stock options granted
29,755 options
Grant to CFO and Corporate Secretary on September 1, 2026
Exercise price
$8.08 per share
Exercise price of the stock option grant
Option expiration
August 31, 2036
Expiration date of the granted stock options
First vesting tranche
9,919 shares
Portion of option vesting on September 1, 2027
Second vesting tranche
9,918 shares
Portion of option vesting on September 1, 2028
Third vesting tranche
9,918 shares
Portion of option vesting on September 1, 2029
Common shares held after transaction
170,966 shares
Direct common stock holdings of the CFO following the reported grant
Underlying common shares
29,755 shares
Number of common shares underlying the granted stock option
Key Terms
stock option, exercise price, vesting, underlying shares, +2 more
6 terms
stock option financial
"received a grant of stock options on September 1, 2026 to acquire"
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.
exercise price financial
"at 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.
vesting financial
"The option vests in three annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiring on 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 trading plan regulatory
"No transactions under a Rule 10b5-1 trading plan are reported"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did NTIC report for CFO Matthew C. Wolsfeld?
NTIC reported that CFO and Corporate Secretary Matthew C. Wolsfeld received a stock option grant for 29,755 shares of common stock on September 1, 2026 at an exercise price of $8.08 per share, expiring on August 31, 2036.
How do the new NTIC stock options for the CFO vest?
The stock option granted to NTIC’s CFO vests in three annual tranches: 9,919 shares vest on September 1, 2027, and 9,918 shares vest on each of September 1, 2028 and September 1, 2029.
What is the exercise price and expiration date of the NTIC CFO’s option grant?
The NTIC CFO’s stock option has an exercise price of $8.08 per share and an expiration date of August 31, 2036, giving him the right to buy common shares at that price until that date, subject to vesting.
Was the NTIC CFO’s option grant made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is associated with the reported transactions, so the grant is not identified as being made under such a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
