NAPCO Security CEO Sells $8.2M in Stock, Following Recent Intent to Sell
NSSC has more than doubled off its 52-week low of $19.
Summary
NAPCO Security Technologies' CEO and Chairman, Richard Soloway, sold 185,000 shares of common stock for over $8.2 million in open market transactions, continuing a recent pattern of insider distribution.
Key Events · Ownership and Investor Activity · NSSC
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CEO Sells Significant Stake
Richard Soloway, CEO and Chairman, disposed of 185,000 shares of common stock in open market sales on March 2nd and 3rd, 2026.
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Substantial Proceeds
The transactions generated over $8.2 million in proceeds for the insider.
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Follows Intent to Sell
This Form 4 filing confirms the execution of a previously disclosed intent to sell shares via a Form 144 filed on March 2nd, 2026, with additional sales beyond the initial intent.
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Post-Transaction Holdings
Following these sales, Mr. Soloway's direct holdings now stand at 1,096,958 shares.
Analysis · NSSC · Manufacturing
This Form 4 reports a significant open market sale by Richard Soloway, the CEO and Chairman of NAPCO Security Technologies. The sale of 185,000 shares, totaling over $8.2 million, represents a substantial reduction in his direct holdings and accounts for over 0.5% of the company's market capitalization. This transaction follows a Form 144 filing just two days prior, indicating a pre-planned disposition, but the actual execution and additional sales beyond the initial intent confirm a material reduction in insider ownership. While the company recently reported strong Q2 results and the conclusion of an SEC investigation, this insider selling could be interpreted negatively by investors, signaling a desire to lock in gains or a lack of conviction at current price levels. Investors should monitor future insider activity for further distribution signals.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 44% of the 562 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.52%. 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 $43.57 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 9 out of 10.