Executive Chairman Richard Soloway Files to Sell $13.1M in NAPCO Shares
NSSC is trading near its 52-week low of $33.91 (4.0% above the low) on elevated volume (2.6× avg).
Summary
NAPCO founder and Executive Chairman Richard Soloway filed to sell 379,529 shares (~$13.1M), adding to a 95,471-share sale filed the prior day. The stock trades near its 52-week low.
Key Events · Ownership and Investor Activity · NSSC
-
Executive Chairman Files $13.1M Sale
Richard Soloway filed to sell 379,529 shares with an approximate market value of $13,098,077.13, acquired via a 2006 stock split/dividend.
-
Back-to-Back Insider Sales
This filing follows a Form 144 filed 2026-08-26 for 95,471 shares (~$3.43M) by the same insider, bringing his combined proposed sales to roughly $16.5M in two days.
-
Sale Near 52-Week Low
The stock trades at $35.28, near its 52-week low of $33.91, making the timing of a large insider sale particularly notable.
-
Strong Fundamentals Offset
NAPCO reported record fiscal Q4 revenue of $55.8M (+10% YoY) and net income of $17.8M (+52.7%) on 2026-08-24, with $126.9M in cash and no debt.
Analysis · NSSC · Manufacturing
Richard Soloway, NAPCO's founder and Executive Chairman, has filed to sell 379,529 shares worth approximately $13.1 million. This is a substantial insider sale — roughly 1% of the company's market cap — and comes just one day after he filed to sell another 95,471 shares (~$3.4M). The stock is trading near its 52-week low, which makes the timing notable: an insider selling this much at depressed prices can weigh on investor sentiment, even though the company just reported record fiscal Q4 results.
How filings like this one have moved
In the 30 days to Aug 27, 2026, 28.8% of the 2880 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. 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 $35.28 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $33.91 to $51.77. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.