25,000 RSUs granted to Network-1 (NYSE: NTIP) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Greene Jonathan M reported acquisition or exercise transactions in this Form 4 filing.
NETWORK-1 TECHNOLOGIES, INC. reported that Executive VP & Secretary and director Jonathan M. Greene received a grant of 25,000 restricted stock units on February 18, 2026. Each unit represents the right to receive one share of common stock at no purchase price.
The award vests in two equal annual installments of 12,500 units on February 18, 2027 and February 18, 2028, contingent on the terms of the Restricted Stock Unit Agreement, including Mr. Greene's continued employment. Following this grant, Greene directly holds 37,500 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Greene Jonathan M
Role
Executive VP & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 37,500 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest in two annual installments, 12,500 units on February 18, 2027 and 12,500 units on February 18, 2028, subject to the terms of the Restricted Stock Unit Agreement including Mr. Greene's continued employment. These shares are deliverable to the reporting person upon each vesting date.
FAQ
What insider transaction did NETWORK-1 TECHNOLOGIES (NTIP) report for Jonathan M. Greene?
NETWORK-1 TECHNOLOGIES reported that Jonathan M. Greene received an award of 25,000 restricted stock units on February 18, 2026. This grant was recorded as an acquisition under a compensatory grant or award, with the units granted at a price of $0.0000 per unit.
How many restricted stock units were granted to Jonathan M. Greene at NETWORK-1 TECHNOLOGIES?
Jonathan M. Greene was granted 25,000 restricted stock units. After this award, his directly held restricted stock unit balance increased to 37,500 units, according to the filing. The units were issued at a stated price of $0.0000 per unit as part of his compensation.
What is the vesting schedule for Jonathan M. Greene’s 25,000 restricted stock units at NTIP?
The 25,000 restricted stock units vest in two annual installments. 12,500 units vest on February 18, 2027 and 12,500 units vest on February 18, 2028. Vesting is subject to the Restricted Stock Unit Agreement, including Mr. Greene’s continued employment with the company.
What does each restricted stock unit represent in the NTIP Form 4 for Jonathan M. Greene?
Each restricted stock unit represents a contingent right to receive one share of NETWORK-1 TECHNOLOGIES common stock. Shares are deliverable to Jonathan M. Greene upon each vesting date, provided the conditions in the Restricted Stock Unit Agreement, including continued employment, are satisfied.
What is Jonathan M. Greene’s position at NETWORK-1 TECHNOLOGIES according to the Form 4?
According to the filing, Jonathan M. Greene serves as both a director and an officer of NETWORK-1 TECHNOLOGIES. His officer title is Executive VP & Secretary, and the reported restricted stock unit grant reflects equity-based compensation tied to his role with the company.
How many restricted stock units does Jonathan M. Greene hold after the reported grant at NTIP?
Following the February 18, 2026 grant, Jonathan M. Greene directly holds 37,500 restricted stock units. This total includes the newly granted 25,000 units, all reported as directly owned derivative securities in the Form 4 filed for NETWORK-1 TECHNOLOGIES.