Founder Richard Soloway Files to Sell 95,471 NAPCO Shares (~$3.4M)
NSSC is trading near its 52-week low of $34.195 (5.6% above the low).
Summary
NAPCO founder and Executive Chairman Richard Soloway filed to sell 95,471 shares (~$3.43M) acquired via a 2006 stock split. This is separate from and larger than the concurrent Donna Soloway 28,000-share filing.
Key Events · Ownership and Investor Activity · NSSC
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Founder Files to Sell 95,471 Shares
Richard Soloway, founder and Executive Chairman, filed Form 144 to sell 95,471 shares with an approximate market value of $3,430,714.25.
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Shares From 2006 Stock Split
The shares were acquired on June 8, 2006, via a stock split/stock dividend from the issuer, not through a recent option exercise.
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Separate From Concurrent Soloway Filing
This filing is distinct from the concurrent Form 144 by Donna Soloway for 28,000 shares (~$1.0M) acquired via May 2026 option exercise.
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No Prior Sales in 3 Months
The filing reports no securities sold by Richard Soloway in the past three months.
Analysis · NSSC · Manufacturing
NAPCO founder and Executive Chairman Richard Soloway filed Form 144 to sell 95,471 shares worth approximately $3.43 million. The shares trace back to a 2006 stock split/stock dividend, not a recent option exercise. This is a separate and materially larger sale notice than the concurrent Donna Soloway filing for 28,000 shares. Soloway's transition to Executive Chairman was announced in July 2026, and this sale comes just two days after NAPCO reported record fiscal Q4 results. The sale represents roughly 0.27% of shares outstanding, a notable but not alarming insider disposition from a founder who has held these shares for two decades.
How filings like this one have moved
In the 30 days to Aug 26, 2026, 29.4% of the 2889 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 $36.10 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $34.20 to $51.77. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.