STOCK TITAN

Director at NETSOL (NASDAQ: NTWK) receives 3,540-share stock grant as compensation

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

Rhea-AI Filing Summary

NETSOL Technologies director Ian Charles Smith reported an equity grant of company stock. He acquired 3,540 shares of Common Stock on April 6, 2026 as a grant or award, issued as compensation for services rendered rather than an open-market purchase. The shares were awarded at a stated price of $0.00 per share, reflecting a non-cash compensation grant. Following this award, Smith directly holds a total of 10,028 shares of NETSOL Technologies Common Stock. This filing records a routine director compensation event and does not indicate any discretionary buying or selling in the market.

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Insider Smith Ian Charles
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 3,540 $0.00 --
Holdings After Transaction: Common Stock — 10,028 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 3,540 shares Common Stock grant on April 6, 2026
Total holdings after grant 10,028 shares Director’s direct Common Stock holdings after transaction
Grant price per share $0.00 per share Reported transaction price, reflects non-cash compensation
Transactions acquiring shares 1 transaction Form 4 acquireCount from transactionSummary
Common Stock financial
"security_title: "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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Issued as compensation for services rendered. financial
"footnote: "Issued as compensation for services rendered.""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
Smith Ian Charles

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/06/202604/06/2026A3,540A$0(1)10,028D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Issued as compensation for services rendered.
/s/ Ian Charles Smith04/07/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did NETSOL Technologies (NTWK) report for Ian Charles Smith?

NETSOL Technologies director Ian Charles Smith received 3,540 shares of Common Stock as a grant on April 6, 2026. The filing classifies this as a grant or award acquisition, reflecting stock-based compensation rather than an open-market share purchase or sale.

How many NTWK shares does Ian Charles Smith hold after this Form 4 transaction?

After the reported grant, Ian Charles Smith directly holds 10,028 shares of NETSOL Technologies Common Stock. This total includes the newly awarded 3,540 shares issued as compensation for services rendered, according to the Form 4 insider transaction disclosure.

Was cash paid for the 3,540 NTWK shares granted to Ian Charles Smith?

No cash was paid for these shares; the transaction price per share is reported as $0.00. The 3,540 shares were issued as compensation for services rendered, meaning they represent non-cash equity compensation rather than a traditional market purchase.

Is the NTWK Form 4 transaction a market buy or sell by Ian Charles Smith?

The transaction is not a market buy or sell. It is coded as an "A" transaction, described as a grant, award, or other acquisition, and the footnote states the shares were issued as compensation for services rendered, indicating stock-based compensation instead of trading activity.

What does the transaction code "A" mean in the NTWK Form 4 for Ian Charles Smith?

The transaction code "A" on this Form 4 stands for "Grant, award, or other acquisition." In this case, it reflects 3,540 NTWK Common Stock shares issued to director Ian Charles Smith as compensation for services rendered, not an open-market trading decision.