[Form 5] NetSol Technologies, Inc. Annual Statement of Beneficial Ownership

Rhea-AI Filing Summary

Ian Charles Smith, a director of NetSol Technologies, Inc. (NTWK), filed a Form 5 reporting changes in beneficial ownership for the fiscal year ended 06/30/2025. The filing indicates no beneficial ownership of common stock at period end (shown as "Common Stock 0 D") and reports no derivative securities. The submission is signed and dated 08/14/2025. The form is filed individually from the reporting address listed in Encino, CA. The document contains the required certification language and OMB information and shows the filing as a routine annual statement under Section 16.

Positive

• Compliance maintained: The reporting person filed an annual Form 5 with signature, indicating adherence to Section 16 reporting requirements
• No outstanding derivative positions reported, reducing disclosure complexity for investors

Negative

• No beneficial ownership of common stock reported at fiscal year-end, which may be relevant for assessments of insider alignment
• Form contains minimal transactional detail; any prior dispositions are not described within this filing

Insights

Corporate Governance Expert

TL;DR: Routine annual Section 16 filing showing no year-end common stock ownership by a director.

The Form 5 appears to be a standard annual reconciliation. It identifies the reporting person as a director and records no beneficial ownership of common stock and no derivative holdings at fiscal year-end. From a governance perspective, timely disclosure of insider holdings or dispositions maintains transparency and compliance with Section 16 reporting obligations. The filing does not disclose any compensatory equity grants, option exercises, or outstanding derivative positions for the reporting period.

Securities Compliance Analyst

TL;DR: Administrative disclosure with no material transactions or remaining holdings reported.

The document lists a disposition indicator for common stock ("0 D") and otherwise shows no securities retained or derivative instruments held by the reporting person at year-end. The presence of a signature and OMB boilerplate indicates a complete submission. Because the filing contains no amounts, it reflects either prior disposals or absence of holdings but does not provide details of any earlier transactions; such details would typically appear on Form 4s or earlier filings.

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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:			3235-0362
Estimated average burden
hours per response:			1.0

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

Smith Ian Charles

(Last) (First) (Middle)

WC/O NETSOL TECHNOLOGIES, INC.,

16000 VENTURA BLVD., SUITE 770

(Street)

ENCINO CA 91436

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
06/30/2025

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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Stock							0	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)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ IAN CHARLES SMITH	08/14/2025
	** 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 does Ian Charles Smith's Form 5 for NTWK report?

The Form 5 reports that the director, Ian Charles Smith, had no beneficial ownership of common stock at the fiscal year end and no derivative securities were reported.

What fiscal period does this Form 5 cover for NTWK?

The statement covers the issuer's fiscal year ended 06/30/2025.

When was the Form 5 signed and filed?

The filing is signed by Ian Charles Smith and dated 08/14/2025.

Does the Form 5 show any stock options or warrants for the reporting person?

No. Table II lists no derivative securities acquired, disposed of, or beneficially owned.

Is the reporting person an insider at NTWK?

Yes. The form identifies Ian Charles Smith as a Director of NetSol Technologies, Inc.