Network-1 (NTIP) director Greene reports RSU vesting and tax share delivery
Rhea-AI Filing Summary
Network-1 Technologies executive Jonathan M. Greene reported equity award activity involving company stock. On January 8, 2026, 7,500 restricted stock units vested, each representing a right to receive one share of common stock, resulting in the acquisition of 7,500 shares of Network-1 common stock at $0 per share. On the same date, 2,674 shares of common stock were delivered by Mr. Greene at $1.34 per share to satisfy withholding taxes related to this vesting. After these transactions, Mr. Greene directly held 126,119 shares of common stock and 12,500 restricted stock units.
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FAQ
Who reported insider transactions in NTIP and what is their role?
The reporting person is Jonathan M. Greene, who serves as a Director and Executive VP & Secretary of Network-1 Technologies, Inc. (NTIP).
What insider stock transactions did Jonathan M. Greene report for Network-1 Technologies (NTIP) on January 8, 2026?
On January 8, 2026, Mr. Greene reported the vesting of 7,500 restricted stock units into common shares at $0 per share and the delivery of 2,674 shares of common stock at $1.34 per share to cover withholding taxes.
How many Network-1 Technologies (NTIP) shares does Jonathan M. Greene own after these transactions?
Following the reported transactions, Mr. Greene directly beneficially owned 126,119 shares of Network-1 Technologies common stock.
What happened to the restricted stock units reported in the NTIP Form 4?
7,500 restricted stock units vested on January 8, 2026, each representing a contingent right to receive one share of Network-1 common stock, and Mr. Greene held 12,500 restricted stock units afterward.
Why were 2,674 NTIP shares delivered by Jonathan M. Greene?
According to the filing, 2,674 shares of Network-1 common stock were delivered by Mr. Greene to satisfy withholding taxes associated with the vesting of restricted stock units.
Is the Network-1 Technologies (NTIP) Form 4 transaction a sale for cash or mainly tax withholding?
The Form 4 reports a code F transaction where 2,674 shares were delivered to cover withholding taxes, along with the vesting and acquisition of 7,500 shares from restricted stock units at $0 per share.