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

Rhea-AI Filing Summary

NetSol Technologies, Inc. (NTWK) Form 5 shows reporting person Patti L. W. McGlasson, identified as an officer with the title Secretary / General Counsel, filed an annual statement of changes in beneficial ownership for the fiscal year ended 06/30/2025. The filing discloses a disposition of 81,050 shares of Common Stock (listed as "D" for disposed). No derivative securities are reported. The form is signed by Patti L. W. McGlasson and provides standard Section 16 reporting details; the filing does not state the price, the remaining amount beneficially owned at year-end, or any indirect ownership details.

Insights

Financial Analyst

TL;DR: Officer sold 81,050 shares; filing documents a routine Section 16 annual statement without pricing or year-end holdings disclosed.

The Form 5 documents a reported disposition of 81,050 common shares by Patti L. W. McGlasson, who is listed as Secretary / General Counsel and the sole reporting person on this filing. The filing confirms compliance with Section 16 reporting obligations for the fiscal year ended 06/30/2025 and shows no derivative positions. Because the form does not provide the sale price or the amount of shares held after the transaction, the effect on ownership percentage or on dilution cannot be assessed from this filing alone. For valuation or impact analysis, supplemental information (transaction date, price, and post-transaction holdings) is required.

Corporate Governance Expert

TL;DR: This is a straightforward annual ownership report; key transactional details are omitted, limiting governance inference.

The submission indicates the reporting officer fulfilled annual disclosure responsibilities by reporting a share disposition. Absent are material contextual details such as transaction date, price, and post-transaction beneficial ownership, which constrains conclusions about insider alignment with shareholder interests. No conversions, options, or derivative instruments are disclosed, simplifying the ownership picture. The filing's completeness from a governance standpoint is limited to the disclosure that a significant block of shares was disposed.

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

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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^*

MCGLASSON PATTI L W

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Secretary / General Counsel

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							81,050	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/ Patti L. W. McGlasson	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.