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

Rhea-AI Filing Summary

NetSol Technologies, Inc. reporting person Syed Kausar Kazmi, a director, filed a Form 5 reporting changes in beneficial ownership for the fiscal year ended 06/30/2025. The filing discloses a disposition of 73,674 shares of Common Stock (listed as "D" for disposed). No derivative securities are reported as acquired, disposed of, or beneficially owned in Table II. The filing is signed by the reporting person on 08/14/2025. The form indicates it was filed by one reporting person and that the reporting person is a director of the issuer, NETSOL TECHNOLOGIES INC (NTWK). No additional details on price, recipient, or remaining beneficial ownership are provided in the submitted tables.

Positive

• Disclosure filed and signed, meeting annual Section 16 reporting requirements
• No derivative securities disclosed, simplifying the insider ownership picture

Negative

• Disposition of 73,674 common shares reported without price or post-transaction ownership detail
• Filing lacks transaction date and price, limiting assessment of materiality and insider intent

Insights

Financial Analyst

TL;DR: Director reported a disposal of 73,674 common shares; no derivatives disclosed; limited detail on proceeds or remaining holdings.

The Form 5 is a routine annual statement disclosing that director Syed Kausar Kazmi disposed of 73,674 shares of NetSol common stock during the reporting period. The filing does not include transaction price, date specifics beyond the fiscal year, or an explicit post-transaction beneficial ownership total in the provided tables, which limits quantitative assessment of impact on share count or insider ownership percentage. Absence of derivative holdings simplifies the ownership picture to equity only. This disclosure is useful for monitoring insider activity but, by itself, provides limited information to assess material financial impact without context on total shares outstanding or other insider transactions.

Corporate Governance Expert

TL;DR: Annual Section 16 filing shows an insider disposal; disclosure appears filed and signed but lacks transaction detail.

From a governance perspective, the filing fulfills the Section 16 annual reporting requirement by documenting a director's change in beneficial ownership and confirming the filer relationship to the issuer. The statement is signed and indicates a single reporting person. However, the absence of specifics such as transaction dates, consideration, or retained ownership makes it harder to interpret whether the disposal reflects routine portfolio management, a planned sale, or other motives. The record shows no derivative positions, which reduces complexity for ownership oversight.

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

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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^*

Kazmi Syed Kausar

(Last) (First) (Middle)

C/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							73,674	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/ Syed Kausar Kazmi	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 did NTWK director Syed Kausar Kazmi report on Form 5?

The filing reports a disposition of 73,674 shares of Common Stock and states no derivative securities were reported.

When is the fiscal period covered by this Form 5 for NTWK?

The Form 5 covers the issuer's fiscal year ended 06/30/2025.

Was the Form 5 signed and when?

Yes. The Form 5 is signed by Syed Kausar Kazmi and dated 08/14/2025.

Does the filing disclose derivative holdings for the reporting person?

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

Does the Form 5 state the price received for the disposed shares?

No. The submitted tables and explanations do not include any price or sale proceeds information.