Form 4: Network-1 Technologies Director Allison Hoffman Acquires 15,000 Shares of Common Stock

Director Allison Hoffman acquired 15,000 shares of Network-1 Technologies common stock through restricted stock units vesting quarterly over one year.

Summary

• On February 19, 2025, Allison Hoffman, a director of Network-1 Technologies, Inc., acquired 15,000 shares of common stock.
• The acquisition was in the form of restricted stock units, each representing a contingent right to receive one share of common stock.
• These restricted stock units vest over a one-year period in four equal quarterly installments of 3,750 shares, starting March 15, 2025, and continuing on June 15, 2025, September 15, 2025, and December 15, 2025.
• Vesting is contingent upon Ms. Hoffman continuing to serve on the Board of Directors.
• Following the transaction, Ms. Hoffman beneficially owns 120,561 shares of Network-1 Technologies common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Network-1 Technologies, Allison Hoffman, Director, Common Stock, Restricted Stock Units, Beneficial Ownership, Form 4, NTIP