Greene Jonathan M 4
Research Summary
AI-generated summary
NETWORK-1 (NTIP) Jonathan Greene Receives RSU Award
What Happened
- Jonathan M. Greene, Executive Vice President & Secretary and a Director of NETWORK-1 Technologies, was granted 25,000 restricted stock units (RSUs) on Feb 18, 2026. The grant is recorded at $0.00 per unit (an award/derivative grant), meaning no cash was paid for the units at grant.
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (filed within the usual two-business-day window).
- Grant: 25,000 RSUs; reported price: $0.00 (award/derivative).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each RSU represents a contingent right to one share of common stock. F2 — RSUs vest in two annual installments: 12,500 units on Feb 18, 2027 and 12,500 units on Feb 18, 2028, subject to the Restricted Stock Unit Agreement and continued employment; shares are deliverable upon each vesting date.
- Transaction code: A (award/grant of a derivative).
Context
- RSU grants are a form of equity compensation and do not represent immediately tradable shares; value to the insider depends on NETWORK-1’s stock price at each vesting date.
- This award is neither a purchase nor a sale and should be viewed as a compensation event rather than an immediate market sentiment signal.