NTIC CEO Ramdas Gautam Receives Stock Award

What Happened Ramdas Gautam, President and CEO of Northern Technologies International Corp. (NTIC), was granted 43,805 shares as a stock award and a derivative award of 15,278 shares on September 4, 2026. Both items are reported as acquisitions at $0.00 (i.e., no cash paid). The 15,278-share derivative is an option that vests over three years.

Key Details

• Transaction date: September 4, 2026; Form 4 filed September 9, 2026 (appears filed after the usual 2-business-day window).
• Awarded shares: 43,805 shares issued as a stock award (reported price $0.00).
• Derivative award: 15,278-share option (reported price $0.00).
• Vesting schedule (footnote): the option vests 5,092 shares on 9/4/2027 and 5,093 shares on each of 9/4/2028 and 9/4/2029.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: F1 — shares issued under the Northern Technologies International Corporation 2024 Stock Incentive Plan. F2 — vesting schedule shown above.
• Timeliness: filing date is five days after the transaction date, which suggests a late Form 4 filing relative to the usual two-business-day requirement.

Context These entries are grants/awards (compensation) rather than open-market purchases or sales. The 43,805 shares were issued outright under the company incentive plan; the 15,278-share item is an option that vests in tranches over 2027–2029. Such awards are common executive compensation and do not, by themselves, indicate the insider bought or sold shares on the open market.