NETSOL (NTWK) CEO Ghauri adds shares with open-market buys and stock grant

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

NETSOL Technologies CEO Najeeb Ghauri increased his stake in the company through a mix of open-market purchases and a stock award. On May 20, 2026, he bought a total of 5,000 shares of common stock in three open-market transactions at prices between $4.01 and $4.04 per share. He also received 13,527 shares as compensation for services rendered at no cost, reflecting a share-based award rather than a cash transaction. After these transactions, Ghauri directly and indirectly owned 978,999 shares of NETSOL, with 15,000 of these shares held indirectly by his spouse, indicating a substantial continuing ownership position.

Insider Trade Summary

Net Buyer: 5,000 shares ($20,120)

Net Buy 4 txns

Insider GHAURI NAJEEB

Role CEO

Bought 5,000 shs ($20K)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,527	$0.00	--
Purchase	Common Stock	2,000	$4.03	$8K
Purchase	Common Stock	2,000	$4.01	$8K
Purchase	Common Stock	1,000	$4.04	$4K

Holdings After Transaction: Common Stock — 978,999 shares (Direct, null)

Footnotes (1)

Issued as compensation for services rendered. Of total amount of securities held, 15,000 are held indirectly by spouse.

Key Figures

Open-market shares bought: 5,000 shares Purchase prices: $4.01–$4.04 per share Stock award shares: 13,527 shares +3 more

6 metrics

Open-market shares bought 5,000 shares Common Stock open-market purchases on May 20, 2026

Purchase prices $4.01–$4.04 per share Three open-market transactions on May 20, 2026

Stock award shares 13,527 shares Issued as compensation for services rendered

Award price per share $0.00 per share Equity grant, non-cash compensation

Total holdings after transactions 978,999 shares Common Stock owned after reported Form 4 transactions

Indirect spouse holdings 15,000 shares Portion of total holdings held indirectly by spouse

Key Terms

open-market purchase, Grant, award, or other acquisition, Issued as compensation for services rendered, held indirectly by spouse

4 terms

open-market purchase financial

"transaction_action: "open-market purchase" for three Common Stock buys"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition" for 13,527 shares"

Issued as compensation for services rendered financial

"footnote: "Issued as compensation for services rendered.""

held indirectly by spouse financial

"footnote: "15,000 are held indirectly by spouse.""

Form 4 Insider Transactions: What Each Field Means →

05/20/2026 - 02:39 PM

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^*

GHAURI NAJEEB

(Last)

(First)

(Middle)

C/O NETSOL TECHNOLOGIES, INC.

16000 VENTURA BLVD., SUITE 770

(Street)

ENCINO

CALIFORNIA

91436

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NETSOL TECHNOLOGIES INC [ NTWK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/20/2026	05/20/2026	A		13,527	A	$0.⁽¹⁾	978,999⁽²⁾	D
Common Stock	05/20/2026	05/20/2026	P		2,000	A	$4.03	980,999⁽²⁾	D
Common Stock	05/20/2026	05/20/2026	P		2,000	A	$4.01	982,999⁽²⁾	D
Common Stock	05/20/2026	05/20/2026	P		1,000	A	$4.04	983,999⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Issued as compensation for services rendered.

2. Of total amount of securities held, 15,000 are held indirectly by spouse.

	/s/ Najeeb Ghauri	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NETSOL (NTWK) CEO Najeeb Ghauri report?

Najeeb Ghauri reported buying 5,000 NETSOL common shares in open-market transactions and receiving 13,527 shares as a stock award. These moves increased his total direct and indirect holdings to 978,999 shares following the reported transactions.

How many NETSOL (NTWK) shares did the CEO buy and at what prices?

The CEO purchased 5,000 NETSOL shares in three open-market trades. He bought 1,000 shares at $4.04, 2,000 shares at $4.01, and another 2,000 shares at $4.03 per share, indicating incremental accumulation around the same price range.

What was the size of the stock award to the NETSOL (NTWK) CEO?

Najeeb Ghauri received 13,527 NETSOL common shares as compensation for services rendered. The award was recorded at a price of $0.00 per share, reflecting a non-cash equity grant rather than a purchase, and increased his overall share ownership.

What are Najeeb Ghauri’s total NETSOL (NTWK) shareholdings after these transactions?

After the reported transactions, Najeeb Ghauri held 978,999 NETSOL common shares. This total includes both directly and indirectly owned shares, with 15,000 shares specifically noted as being held indirectly by his spouse according to the filing footnotes.

Are any of the NETSOL (NTWK) CEO’s shares held indirectly?

Yes. Of Najeeb Ghauri’s 978,999 NETSOL shares following the transactions, 15,000 are held indirectly by his spouse. The filing highlights this indirect holding in a footnote while still including the shares in his overall reported ownership.