Howard Richard Andrew, a director at NetSol Technologies Inc, has reported a transaction involving 2,186 shares of common stock. This transaction is significant as it reflects Andrew's ongoing commitment to the company and its future prospects.

NetSol Technologies Inc operates in the services-prepackaged software sector. The company, which trades under the ticker NTWK, is incorporated in Nevada and has its business address in Encino, California. The latest filing was made on October 6, 2026, and is part of a series of recent disclosures by Andrew.

According to the filing, Andrew acquired the shares on October 5, 2026, as compensation for services rendered. Following this transaction, he now owns a total of 29,554 shares, with 27,368 of those held through an LLC. The filing states, "Issued as compensation for services rendered," indicating the nature of the transaction.

This update may affect other stakeholders in NetSol Technologies, including investors and employees, as it shows the confidence Andrew has in the company's direction. His increased ownership could signal a positive outlook for the firm.

The filing does not say what happens next regarding Andrew's holdings or any future transactions.

Reporting Owner Details

Howard Richard Andrew is identified as a director of NetSol Technologies Inc, as noted in the filing. His address is listed as C/O NetSol Technologies, Inc., 16000 Ventura Blvd, Suite 770, Encino, CA 91436. This confirms his active role within the company and provides insight into his professional commitments.

Transaction Specifics

The transaction reported is classified under Form 4, which is used for reporting changes in ownership of securities. The transaction code 'A' indicates that the shares were acquired, specifically as compensation for services rendered. Notably, the transaction price per share is reported as zero, which aligns with the nature of the compensation.

Ownership Structure

Following the transaction, Andrew's total ownership consists of 29,554 shares, with a significant portion, 27,368 shares, held through an LLC. This structure may indicate a strategic approach to managing his investments in the company.

"The filing does not provide information on any potential future transactions or Andrew's plans regarding his holdings in the company."