Cricenti Michael Joseph 4

What Happened

• Michael Cricenti, a director of NAM TAI PROPERTY INC. (NTPIF), received restricted shares as an award. The Form 4 lists two "Other acquisition (J)" entries, each for 33,707 shares at $0.00, reported on July 29, 2026. The transactions show no cash exchanged; a footnote clarifies these are restricted shares granted to the reporting person on July 29, 2026.

Key Details

• Transaction date: July 29, 2026; Form 4 filed July 31, 2026 (timely filing).
• Reported entries: two acquisitions of 33,707 shares each at $0.00 (Transaction code: J — "other acquisition").
• Footnote: F1 — "Represents Restricted Shares granted to the Reporting Person on July 29, 2026."
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding sale, or immediate sale indicated in the provided information.

Context

• Restricted share awards are grants that typically vest over time or upon meeting conditions; they are not immediate open-market purchases or sales and often reflect compensation rather than a direct market bet.
• The filing lists two identical entries (which may reflect two separate grant tranches or duplicate reporting); the footnote confirms these are restricted-share grants. These awards do not by themselves indicate insider buying or selling pressure in the open market.