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

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

Summary

• On February 19, 2025, Niv Harizman, a director of Network-1 Technologies, Inc., acquired 15,000 shares of common stock.
• The acquisition was in the form of restricted stock units (RSUs), each representing a contingent right to receive one share of common stock.
• These RSUs 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 Mr. Harizman's continued service on the Board of Directors.
• Following the transaction, Mr. Harizman directly owns 332,235 shares of Network-1 Technologies common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, which is neither particularly positive nor negative on its own.

Positives

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

Future Outlook

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

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

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

Key Dates

Keywords

Network-1 Technologies, NTIP, Director, Niv Harizman, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Form 4