Hoffman Allison C 4

What Happened Allison C. Hoffman, a director of Network-1 Technologies, Inc. (NTIP), received a grant of 15,000 restricted stock units (RSUs) on 2026-02-27. The RSUs were reported at $0.00 per share (no cash paid at grant) and thus show $0 immediate value on the Form 4. This is an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-03 (filing shows these dates).
• Grant: 15,000 RSUs @ $0.00 (acquired = $0).
• Shares owned after transaction: not specified in the filing.
• Footnote: The 15,000 RSUs each represent a contingent right to one share and vest over one year in four equal quarterly installments of 3,750 shares on Mar 15, 2026; Jun 15, 2026; Sep 15, 2026; and Dec 15, 2026, subject to Ms. Hoffman’s continued service on the Board. Shares are deliverable upon each vesting date.
• Transaction code meaning: A = Award/Grant.

Context RSUs are a common form of director compensation and represent a future right to receive company shares if vesting conditions are met; they are neither an immediate purchase (which some investors view as a bullish vote) nor a sale. The grant’s ultimate value will depend on Network-1’s share price at each vesting date and on Ms. Hoffman remaining on the board.