5% Network-1 (NTIP) stake disclosed by Cannell Capital

Rhea-AI Filing Summary

Cannell Capital LLC has filed a Schedule 13G reporting beneficial ownership of 1,141,975 shares of Network-1 Technologies, Inc. common stock, representing 5.0% of the class as of the event date.

Cannell Capital LLC and J. Carlo Cannell report shared voting and dispositive power over all these shares and no sole power. They certify the position is not held for the purpose of changing or influencing control of Network-1, indicating a passive investment stance.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

NETWORK-1 TECHNOLOGIES, INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

64121N109

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 64121N109

1

Names of Reporting Persons

CANNELL CAPITAL LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

WYOMING

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,141,975.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,141,975.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,141,975.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 64121N109

1

Names of Reporting Persons

CANNELL J CARLO

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

WYOMING

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,141,975.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,141,975.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,141,975.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: NETWORK-1 TECHNOLOGIES, INC.
(b)	Address of issuer's principal executive offices: 65 LOCUST AVENUE, NEW CANAAN, CONNECTICUT, 06840
Item 2.
(a)	Name of person filing: Cannell Capital LLC
(b)	Address or principal business office or, if none, residence: 215 Altamont Road Alta, WY 83414
(c)	Citizenship: Wyoming, USA
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 64121N109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1141975
(b)	Percent of class: 5.00%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1141975
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1141975
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CANNELL CAPITAL LLC

Signature:	Stephen C. Wagstaff
Name/Title:	Chief Financial Officer
Date:	02/17/2026

CANNELL J CARLO

Signature:	J. Carlo Cannell
Name/Title:	self
Date:	02/17/2026

FAQ

What stake in Network-1 Technologies (NTIP) does Cannell Capital report?

Cannell Capital reports beneficial ownership of 1,141,975 Network-1 Technologies shares, equal to 5.0% of the common stock. This crosses the 5% disclosure threshold, requiring a Schedule 13G filing as a passive institutional shareholder.

Is Cannell Capital seeking control of Network-1 Technologies (NTIP)?

Cannell Capital states the shares were not acquired and are not held to change or influence control of Network-1 Technologies. The Schedule 13G certification characterizes the position as passive, rather than part of an activist or control-focused strategy.

Who are the reporting persons in the Network-1 (NTIP) Schedule 13G?

The Schedule 13G lists Cannell Capital LLC and J. Carlo Cannell as reporting persons. Both report identical beneficial ownership of 1,141,975 shares, with shared voting and dispositive power and no sole authority over the Network-1 Technologies position.

What voting power does Cannell have over NTIP shares?

Cannell Capital and J. Carlo Cannell report shared voting and shared dispositive power over 1,141,975 Network-1 shares. They report zero sole voting or sole dispositive power, meaning decisions over these shares are exercised jointly rather than individually.

When did Cannell’s Network-1 (NTIP) holding trigger this filing?

The Schedule 13G lists December 31, 2025 as the event date requiring the filing. That date reflects when Cannell Capital’s beneficial ownership position in Network-1 Technologies reached a level requiring disclosure under U.S. securities regulations.

What class of Network-1 (NTIP) securities is covered in this Schedule 13G?

The filing covers Network-1 Technologies common stock with a par value of $0.01 per share. Cannell Capital’s 1,141,975 beneficially owned shares, representing 5.0% of this common stock class, are the securities reported in the Schedule 13G.