CEO Richard Soloway Files Intent to Sell Additional $5.8M in NAPCO Security Shares
NSSC has more than doubled off its 52-week low of $19.
Summary
NAPCO Security Technologies' CEO and Chairman, Richard Soloway, has filed an intent to sell an additional 129,682 shares, valued at $5.83 million, continuing a pattern of significant insider selling.
Key Events · Ownership and Investor Activity · NSSC
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CEO Files New Intent to Sell Shares
Richard Soloway, CEO and Chairman, filed a Form 144 to sell 129,682 shares of common stock, valued at approximately $5.83 million.
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Follows Recent Significant Sale
This proposed sale comes shortly after Soloway sold 150,000 shares for approximately $6.3 million in early February, as detailed in the filing's recent history.
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Continued Insider Distribution
The repeated large-scale selling by the top executive, representing a notable portion of the company's market capitalization, signals ongoing insider distribution.
Analysis · NSSC · Manufacturing
Richard Soloway, CEO and Chairman, has filed a Form 144 indicating his intent to sell 129,682 shares of common stock, valued at approximately $5.83 million. This proposed sale follows a previous sale of 150,000 shares (approx. $6.3 million) by Soloway in early February, as noted in the filing's recent history. The continued significant insider selling by the top executive could be interpreted negatively by investors, suggesting a desire for liquidity or a reduction in confidence, especially after the company recently reported strong Q2 results and the conclusion of an SEC investigation.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 35.6% of the 1268 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.38%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NSSC was trading at $44.67 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $19.00 to $48.12. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.