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Director Allison Hoffman awarded 15,000 RSUs at Network-1 (NYSE: NTIP)

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

Rhea-AI Filing Summary

Hoffman Allison C reported acquisition or exercise transactions in this Form 4 filing.

NETWORK-1 TECHNOLOGIES, INC. director Allison C. Hoffman received an award of 15,000 shares of common stock in the form of restricted stock units. These units vest over one year in four equal quarterly installments of 3,750 shares on March 15, 2026, June 15, 2026, September 15, 2026 and December 15, 2026. Vesting is contingent on her continued service on the Board of Directors, and shares are delivered to her on each vesting date. After this grant, she directly holds 135,759 shares of common stock.

Positive

  • None.

Negative

  • None.
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*
Hoffman Allison C

(Last) (First) (Middle)
15 WEST 81ST STREET, APT. 1E

(Street)
NEW YORK NY 10024

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026 A 15,000(1) A $0 135,759 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
Explanation of Responses:
1. Represents common stock underlying 15,000 restricted stock units, each representing a contingent right to receive one share of common stock. The 15,000 restricted stock units vest over a one year period in four equal quarterly installments of 3,750 shares of common stock on March 15, 2026, June 15, 2026, September 15, 2026 and December 15, 2026, subject to Ms. Hoffman continuing to serve on the Board of Directors. The shares are deliverable to the reporting person upon each vesting date.
/s/ Allison Hoffman 03/03/2026
** 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 insider transaction did NTIP director Allison C. Hoffman report?

Allison C. Hoffman reported receiving 15,000 restricted stock units in NETWORK-1 TECHNOLOGIES, INC. common stock. Each unit represents a right to one share, increasing her direct holdings to 135,759 shares after the award, according to the Form 4 transaction details and footnote.

How many NTIP shares are covered by Allison Hoffman's restricted stock units?

The award covers 15,000 restricted stock units, each tied to one share of NETWORK-1 TECHNOLOGIES, INC. common stock. These units convert into shares as they vest over time, subject to her continued service on the company’s Board of Directors.

What is the vesting schedule for Allison Hoffman's NTIP restricted stock units?

The 15,000 restricted stock units vest over one year in four equal quarterly installments of 3,750 shares. Vesting dates are March 15, 2026, June 15, 2026, September 15, 2026, and December 15, 2026, assuming she remains on the Board of Directors.

What conditions apply to Allison Hoffman's NTIP restricted stock unit grant?

Vesting of the 15,000 restricted stock units depends on Allison C. Hoffman continuing to serve on the Board of Directors. Shares of NETWORK-1 TECHNOLOGIES, INC. common stock are deliverable to her upon each vesting date as the quarterly installments vest.

How many NTIP shares does Allison Hoffman own after this Form 4 transaction?

After this award, Allison C. Hoffman directly owns 135,759 shares of NETWORK-1 TECHNOLOGIES, INC. common stock. This total includes the newly granted restricted stock units as reported in the Form 4’s post-transaction share balance field.

Did Allison Hoffman pay a price per share for the NTIP restricted stock units?

The transaction lists a price per share of $0.0000 for the 15,000 restricted stock units. This indicates the grant was an equity award rather than an open-market purchase, consistent with director compensation in the form of restricted stock units.
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