Network-1 (NTIP) CFO Robert Mahan Receives 35,000 RSUs

What Happened

• Robert Michael Mahan, Chief Financial Officer of Network-1 Technologies (NTIP), had 35,000 restricted stock units (RSUs) vest on September 22, 2026. The filing shows a grant/acquisition of 35,000 shares at $0.00 and a corresponding conversion/exercise of a derivative for 35,000 shares at $0.00 — effectively converting vested RSUs into common shares. No cash changed hands for the shares.

Key Details

• Transaction date: 2026-09-22
• Report filed: 2026-09-22 (no late filing indicated)
• Reported transactions: A (award/acquisition) 35,000 shares @ $0.00; M (exercise/conversion of derivative) 35,000 shares @ $0.00
• Footnotes: F1—each RSU represents a contingent right to one share; F2—35,000 RSUs vested on Sept 22, 2026
• Shares owned after the transaction: not specified in the provided filing

Context

• This was a vesting and conversion of RSUs into common stock (an award becoming shares), not an open-market purchase or sale. Such vesting is a common form of executive compensation and does not by itself signal a buy or sell intent. No immediate sale of the newly issued shares is reported in this filing.