GHAURI NAJEEB 4

What Happened Ghauri Najeeb, CEO and director of NETSOL TECHNOLOGIES INC (NTWK), received a grant of 13,527 shares as compensation and also made open-market purchases totaling 5,000 shares on May 20, 2026. The award was issued at $0.00 (compensation for services). The market purchases were: 2,000 shares @ $4.03 ($8,060), 2,000 shares @ $4.01 ($8,020), and 1,000 shares @ $4.04 ($4,040), totaling $20,120 (average purchase price ≈ $4.02). The purchases are insider buys (a more informative signal than sales); the grant is routine compensation.

Key Details

• Transaction date: 2026-05-20 (all items)
• Purchases: 2,000 @ $4.03; 2,000 @ $4.01; 1,000 @ $4.04 — total 5,000 shares for $20,120 (avg ≈ $4.02)
• Award: 13,527 shares granted at $0.00 (issued as compensation for services rendered)
• Shares owned after transaction: not specified in the provided filing excerpt; filing notes 15,000 shares are held indirectly by the insider’s spouse (footnote)
• Footnotes: F1 — issued as compensation for services rendered; F2 — 15,000 securities held indirectly by spouse
• Filing timeliness: Form 4 filed with a transaction/report date of May 20, 2026 (same date as transactions)

Context Awards issued at no purchase price are typically part of executive compensation and don’t represent an out-of-pocket purchase by the insider. The open-market purchases show the CEO buying shares on the market (5,000 shares total), which some investors view as a bullish sign because insiders are adding to their holdings. No indication in this filing that shares were sold or that the filing was late.