Business Context and Reporting Period
Company: NETWORK-1 TECHNOLOGIES, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: December 24, 2025
Reporting Period: The filing reports on a corporate action taken on December 24, 2025, regarding the authorization of a share repurchase plan.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the authorization of a trading plan.
Material Changes
The material event reported is the Board of Directors' authorization of a written trading plan (10b5-1 Plan) under Rule 10b5-1 of the Securities Exchange Act of 1934. This plan allows the Company to repurchase its common stock during periods when it might otherwise be restricted by trading black-outs or insider trading laws.
Guidance, Outlook, and Management Commentary
- Repurchase Plan Details: The Company has authorized a third-party broker to purchase up to 1,000,000 shares of common stock.
- Execution Periods:
- Period 1: January 2, 2026, until two trading days after the press release announcing financial results for the year ended December 31, 2025.
- Period 2: April 1, 2026, until two trading days after the press release announcing financial results for the quarter ended March 31, 2026.
- Constraints: Purchases are subject to price, market, volume, and timing constraints in accordance with Rule 10b5-1 and Rule 10b-18.
Investor Verification Checklist
- Verify the actual execution of share repurchases during the specified windows (Jan 2026 and April 2026) via future 8-K filings or quarterly reports.
- Monitor the press releases for the fiscal year 2025 and Q1 2026 to determine the exact end dates of the trading windows.
- Confirm the total number of shares repurchased and the average price paid per share once the plan is active.