SOLOWAY RICHARD sold $16.5M of NSSC
SOLOWAY RICHARD (Founder and Executive Chairman) sold 475,000 shares of NAPCO SECURITY TECHNOLOGIES, INC (NSSC) at an average of $34.79 ($34.50–$35.93, $16.52M total) across 2 trades over 2026-08-26 to 2026-08-27.
How this was made
The 30-second read
Why it matters
The disclosed sale provides fresh information that could affect trading decisions on NSSC.
Market read
Material insider sale likely to influence short‑term price action.
What to watch
No 10b5‑1 plan was used, suggesting the sale was discretionary.
Background
SEC Form 4 filing discloses insider transactions; this is the first public report of the sale.
Ticker impact
Founder and Executive Chairman Richard Soloway sold 475,000 shares for $16.5M, reducing his stake to 621,958 shares.
Potential short-term downside as market absorbs the $16.5M sale.
The sale size is material for a mid‑cap company and the insider is a top executive; such disposals often trigger sell pressure.
Market effects
May raise concerns for the security technology sector about insider sentiment.
Limited to U.S. investors; no broader regional effect.
Low; impact confined to the issuer and its immediate peers.
Counterpoint
The sale could be a routine liquidity event unrelated to company outlook.
Key entities
- InsiderRichard Soloway
Founder and Executive Chairman of Napco Security Technologies.
- CompanyNapco Security Technologies, Inc.
Provider of security technology solutions, ticker NSSC.





