NTWK (NETSOL TECHNOLOGIES INC) director discloses 27,368 indirectly held shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
NETSOL TECHNOLOGIES INC director Howard Richard Andrew filed an initial ownership report showing indirect holdings of the company’s common stock. The filing reports 27,368 shares of Common Stock held indirectly through an LLC, establishing his starting reportable position as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Howard Richard Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,368 shares (Indirect, See footnote)
Footnotes (1)
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Key Figures
Indirect common shares held: 27,368 shares
1 metrics
Indirect common shares held
27,368 shares
Initial beneficial ownership reported on Form 3, held through an LLC
Key Terms
Form 3, Common Stock, indirect ownership, LLC
4 terms
Form 3 regulatory
"director Howard Richard Andrew filed an initial ownership report"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"The filing reports 27,368 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"held indirectly through an LLC"
LLC financial
"Held through an LLC."
A limited liability company (LLC) is a legal business structure that shields owners’ personal assets from the company’s debts and legal claims while letting the business operate with flexible management rules. For investors, an LLC matters because it changes how risk, taxes and ownership transfers work—profits often flow through to owners’ personal tax returns and liability is typically limited, so investing in an LLC is like putting a financial firewall between your personal finances and the business.
FAQ
What does Howard Richard Andrew’s Form 3 for NTWK report?
The Form 3 reports Howard Richard Andrew’s initial beneficial ownership in NETSOL TECHNOLOGIES INC, disclosing 27,368 shares of Common Stock held indirectly through an LLC. This establishes his starting reportable position as a director under SEC rules.
Is Howard Richard Andrew buying or selling NTWK stock in this Form 3?
No buy or sell transaction is reported. This Form 3 simply discloses Howard Richard Andrew’s existing beneficial ownership of 27,368 NETSOL TECHNOLOGIES INC shares held indirectly through an LLC, as required when someone becomes a director.
What type of security is reported in NTWK director Howard Richard Andrew’s Form 3?
The Form 3 reports ownership of NETSOL TECHNOLOGIES INC Common Stock. It shows 27,368 shares held indirectly through an LLC and does not list any derivative securities such as options or warrants in the derivative holdings section.