Northern Technologies CFO exercises 11,879 options
Northern Technologies International Corp CFO and Corporate Secretary Matthew C. Wolsfeld exercised a fully vested stock option for 11,879 shares of common stock at $6.70 per share on July 1, 2026.
Rhea-AI Filing Summary
Northern Technologies International Corp CFO and Corporate Secretary Matthew C. Wolsfeld exercised a fully vested stock option for 11,879 shares of common stock at $6.70 per share on July 1, 2026. In a related transaction, 9,169 shares of common stock were disposed of at $8.68 per share to satisfy tax obligations. After these transactions, he directly holds 170,966 shares of Northern Technologies common stock. These trades were not reported as being made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
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Insider Trade Summary
11,879 shares exercised/converted
Exercise
3 txns
Insider
WOLSFELD MATTHEW C
Role
CFO and Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 11,879 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,879 | $6.70 | $80K |
| Exercise Price or Tax Liability | Common Stock | 9,169 | $8.68 | $80K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 170,966 shares (Direct)
Footnotes (1)
- F1. This option has fully vested.
Key Figures
Options Exercised: 11,879 shares
Exercise Price: $6.70 per share
Tax Withholding Shares: 9,169 shares
+2 more
5 metrics
Options Exercised
11,879 shares
Stock options exercised into common stock on July 1, 2026
Exercise Price
$6.70 per share
Exercise price for the 11,879-share stock option on July 1, 2026
Tax Withholding Shares
9,169 shares
Common shares disposed of to satisfy tax obligations at $8.68 per share
Tax Withholding Price
$8.68 per share
Price applied to 9,169 shares delivered for tax withholding
Post-Transaction Holdings
170,966 shares
Direct common stock holdings by Matthew C. Wolsfeld after the transactions
Key Terms
Stock Option (right to buy), tax-withholding disposition, derivative security
3 terms
Stock Option (right to buy) financial
"Security title listed as Stock Option (right to buy) for the derivative transaction"
tax-withholding disposition financial
"Transaction action described as tax-withholding disposition for shares delivered for taxes"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Transaction code description notes Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NTIC CFO Matthew Wolsfeld report on July 1, 2026?
Matthew Wolsfeld reported exercising a fully vested option for 11,879 NTIC common shares at $6.70 per share. In a related move, 9,169 shares were disposed of at $8.68 per share to cover tax obligations, adjusting but not transforming his overall holdings.
How many Northern Technologies (NTIC) options did the CFO exercise, and at what price?
He exercised stock options covering 11,879 NTIC shares at an exercise price of $6.70 per share. The option was fully vested and, following exercise, the derivative option position reported for this grant was reduced to zero, converting entirely into common stock.
Were the NTIC insider transactions by CFO Matthew Wolsfeld made under a Rule 10b5-1 plan?
No. The filings Rule 10b5-1 checkbox was not marked as affirming a trading plan for these transactions. There is no accompanying footnote indicating a pre-arranged Rule 10b5-1 trading plan, so the trades are reported as discretionary rather than plan-based.
AI-generated analysis. How Rhea-AI works. Not financial advice.
