NETWORK-1 TECHNOLOGIES, INC.·4

Mar 3, 12:35 PM ET

HARIZMAN NIV 4

Research Summary

AI-generated summary

Updated

Network-1 (NTIP) Director Harizman Receives 15,000 RSU Award

What Happened

  • Harizman Niv, a director of Network-1 Technologies, was granted 15,000 restricted stock units (RSUs) on 2026-02-27. The grant is reported at $0.00 per share (no cash paid) and represents a contingent right to receive 15,000 shares of common stock as the RSUs vest.

Key Details

  • Transaction date: 2026-02-27 (Form 4 filed 2026-03-03).
  • Reported transaction type: Award/Grant (code A).
  • Amount: 15,000 RSUs; reported price $0.00 (total cash consideration $0).
  • Vesting: 15,000 RSUs vest over one year in four equal quarterly installments of 3,750 shares on March 15, 2026; June 15, 2026; September 15, 2026; and December 15, 2026, subject to continued board service. Shares are deliverable upon each vesting date. (Per footnote in filing.)
  • Shares owned after transaction: Not specified in the filing.
  • Filing timing: The Form 4 was filed on 2026-03-03 for a 2026-02-27 grant. Form 4s are generally due within two business days, so this filing date is several days after the transaction and may indicate a late filing.

Context

  • RSUs are a form of compensation/award, not an open-market purchase or sale. They entitle the holder to receive shares if vesting conditions are met and do not necessarily indicate buying or selling intent. For retail investors, awards to directors are common compensation practices and should be viewed as compensation-related rather than a direct market sentiment signal.