SOLOWAY RICHARD 4
4 · NAPCO SECURITY TECHNOLOGIES, INC · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
NAPCO (NSSC) CEO Richard Soloway Sells 150,000 Shares
What Happened
Richard Soloway — CEO, Chairman of the Board (also listed as Secretary and Director) of NAPCO Security Technologies, Inc. (NSSC) — disposed of 150,000 shares on February 5, 2026. The Form 4 reports a weighted average sale price of $42.74, for a total reported value of $6,411,000. The filing characterizes the trade as an open-market or private sale.
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-06 (timely filing).
- Reported weighted average price: $42.74; actual sale prices ranged $42.20–$43.48 per share (footnote F1).
- Shares sold: 150,000; total proceeds ≈ $6.41 million.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: F1 explains the weighted-average price range and offers to provide full per-trade pricing on request; F2 and F3 note certain derivative awards/options vest cumulatively at 20% per year starting Oct 19, 2021 and Aug 25, 2022 (these refer to previously granted awards/options).
- No 10b5‑1 plan, tax‑withholding, or gift designation is listed in the provided details.
Context: This was a sale (which is often routine for insiders), not a purchase. The filing is timely (filed the next day). The Form 4 notes vesting schedules for prior option/award grants but the reported event here is a share disposition rather than an option exercise or new award.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-05$42.74/sh−150,000$6,411,000→ 1,256,010 total
- 100,000
Employee Stock Option (Right to Buy)
[F2]Exercise: $22.50Exp: 2031-10-19→ Common Stock (100,000 underlying) - 10,000
Employee Stock Option (Right to Buy)
[F3]Exercise: $26.94Exp: 2032-08-25→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Represents the weighted average selling price of the shares. Actual selling prices ranged from $42.20 through $43.48 per share. The reporting person hereby undertakes to provide, upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- [F2]Exercisable, cumulatively, at 20% per year commencing October 19, 2021.
- [F3]Exercisable, cumulatively, at 20% per year commencing August 25, 2022.