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NETWORK-1 TECHNOLOGIES, INC.·4

Feb 20, 2:36 PM ET

Mahan Robert Michael 4

Research Summary

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Network-1 Technologies (NTIP) CFO Robert Mahan Receives 15,000 RSU Award

What Happened
Robert Mahan, Chief Financial Officer of Network-1 Technologies (NTIP), was granted 15,000 restricted stock units (RSUs) on February 18, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 (no cash paid on grant). RSUs represent a contingent right to receive shares if and when they vest.

Key Details

  • Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely).
  • Transaction type/code: Award/Grant (A).
  • Amount: 15,000 restricted stock units; reported acquisition price $0.00.
  • Vesting: 7,500 RSUs vest on Feb 18, 2027 and 7,500 RSUs vest on Feb 18, 2028, subject to continued service as CFO.
  • Shares owned after transaction: Not reported in the provided filing excerpt.
  • Footnote: Each RSU converts to one share upon vesting (contingent on service); not an immediate share purchase.

Context
RSU grants are a common form of executive compensation and do not involve an immediate cash outlay or sale of shares. They only convert into actual shares if vesting conditions are met, so this award increases potential future ownership but is not an immediate market purchase or sale.