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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,500 | $0.00 | -- |
| Grant/Award | Common Stock, $.01 par value per share | 7,500 | $0.00 | -- |
| Tax Withholding | Common Stock, $.01 par value per share | 2,674 | $1.34 | $4K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. 2,674 shares of common stock were delivered by Mr. Greene to satisfy withholding taxes. 7,500 restricted stock units vested on January 8, 2026.
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.
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.
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.