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

Rhea-AI Filing Summary

Naeem Ghauri, identified as the reporting person and President of NetSol Technologies, Inc. (NTWK), filed a Form 5 disclosing changes in beneficial ownership for the fiscal year ended 06/30/2025. The filing reports 459,853 shares of Common Stock with a parenthetical disposition code and notes that the June 30, 2025 balance was 441,574. The explanation states the total includes acquisitions and dispositions reported on a Form 4 dated 07/15/2025. The form is signed by Naeem Ghauri on 08/14/2025. No derivative securities are reported and no additional narrative or transaction pricing is included in this Form 5.

Positive

• Annual reconciliation completed: Form 5 filed and signed by the reporting person on 08/14/2025
• Clear linkage to prior reporting: The filing references a Form 4 dated 07/15/2025 and provides the June 30 balance of 441,574, allowing reconciliation
• No derivative positions reported: Table II lists no derivative securities, simplifying ownership profile

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine Section 16 filing showing a modest net change in common stock holdings after mid-year Form 4 activity.

The Form 5 is a standard annual reconciliation under Section 16 that discloses a year-end beneficial ownership position of 459,853 shares, compared with a June 30 balance of 441,574. The filing explicitly states those totals reflect transactions reported on a Form 4 dated 07/15/2025. There are no derivatives disclosed and no prices or dollar values provided here, limiting valuation analysis. For investors, this filing documents insider reporting compliance and quantifies share-level changes but does not provide additional operational or financial detail.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure by an officer; Form 5 reconciles prior Form 4 activity and confirms signature and filing.

The report identifies the filer as President and an officer and carries a manual signature dated 08/14/2025, satisfying the attestation requirement. The explanatory note explicitly ties the reported total to Form 4 activity on 07/15/2025 and provides the prior June 30 balance of 441,574, enabling a direct reconciliation to prior filings. The submission contains no governance disputes, departures, or other disclosures; it functions as an annual housekeeping reconciliation under Section 16.

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^*

GHAURI NAEEM

(Last) (First) (Middle)

C/O NETSOL TECHNOLOGIES, INC,

16,000

(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)
	President

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							459,853(1)	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:

1. The total includes acquisitions and dispositions by the holder after June 30, 2025 reported on Form 4 dated July 15, 2025. The June 30, 2025 balance was 441, 574.

	/s/ Naeem Ghauri	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 the Form 5 filed by Naeem Ghauri for NTWK disclose?

The Form 5 reports a year-end beneficial ownership of 459,853 shares of NetSol Technologies common stock and notes the June 30 balance was 441,574.

What is the relationship of the reporting person to NTWK?

The filing identifies Naeem Ghauri as an Officer with the title President.

Are any derivative securities reported on this Form 5 for NTWK?

No. Table II shows no derivative securities are reported in this Form 5.

Does the Form 5 explain why the year-end total differs from the June 30 balance?

Yes. The filing states the total includes acquisitions and dispositions reported on a Form 4 dated 07/15/2025.

When was the Form 5 signed by the reporting person?

The document is signed by Naeem Ghauri on 08/14/2025.