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Network-1 (NTIP) Insider: CFO's 25,000 RSUs Vested on 09/08/2025

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Robert M. Mahan, who serves as Chief Financial Officer and a director of Network-1 Technologies, Inc. (NTIP), reported a transaction dated 09/08/2025. On that date 25,000 restricted stock units vested, each representing a contingent right to one share, and were treated as an acquisition of 25,000 shares of common stock at a reported price of $0. After the vesting and conversion, the filing shows Mr. Mahan beneficially owned 50,000 shares in total. The Form 4 is signed and dated 09/08/2025. The filing discloses only the vesting-related issuance and resulting ownership; no cash purchase, sale, or other transactions are reported.

Positive

  • Increased insider ownership: Mr. Mahan's beneficial ownership rose to 50,000 shares after vesting, aligning management and shareholder interests
  • Full disclosure: The Form 4 includes transaction date, nature of award, amount vested, and signature, satisfying standard reporting requirements

Negative

  • None.

Insights

TL;DR: Routine executive equity vesting increased the CFO's stake to 50,000 shares; no purchase price or sale occurred.

The Form 4 discloses a standard vesting event: 25,000 restricted stock units vested and converted into 25,000 shares at a $0 reporting price, raising Robert M. Mahan's beneficial ownership to 50,000 shares. This is a non-cash equity compensation event common for aligning management and shareholder interests. There are no sales, purchases, or derivative exposures reported following the vesting. For investors, the item is informational about insider ownership levels but does not by itself indicate a change in company operations, financing, or market liquidity.

TL;DR: A routine compensation vesting increases insider alignment; disclosure complies with Section 16 filing requirements.

The filing identifies Mr. Mahan as an officer and director and reports the vesting of 25,000 restricted stock units that converted into common shares. The disclosure appears complete for a Form 4: transaction date, nature of award, resulting beneficial ownership, and signature are provided. This shows routine equity-based compensation being realized; it enhances transparency on insider holdings but does not reveal any governance actions or changes in control.

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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mahan Robert Michael

(Last) (First) (Middle)
110 NORTH FEDERAL HIGHWAY
#715

(Street)
FORT LAUDERDALE FL 33301

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NETWORK-1 TECHNOLOGIES, INC. [ NTIP-NYSE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025
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, $.01 par value per share 09/08/2025 A 25,000(1) A $0 50,000 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
Restricted Stock Units (2) 09/08/2025 M 25,000 (2) (2) Common Stock 25,000 $0 0 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of common stock.
2. 25,000 restricted stock units vested on September 8, 2025.
/s/ Robert M. Mahan 09/08/2025
** 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 did Robert M. Mahan report on the Form 4 for NTIP?

He reported 25,000 restricted stock units vested on 09/08/2025, which converted into 25,000 shares of common stock, resulting in beneficial ownership of 50,000 shares.

Did the Form 4 disclose any cash purchase or sale by the insider (NTIP)?

No. The filing shows the vested restricted stock units converted to shares at a reported price of $0; no purchase or sale transactions are reported.

What is the reporting person's role at Network-1 Technologies (NTIP)?

Robert M. Mahan is reported as Chief Financial Officer and a director.

When did the restricted stock units vest according to the filing?

The restricted stock units vested on 09/08/2025.

How many RSUs vested and how many shares resulted from the vesting (NTIP)?

25,000 RSUs vested, each representing the right to one share, producing 25,000 shares.
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