Northann Corp. Director Umesh Patel Acquires Additional Shares

On July 29, 2025, Umesh Patel, a director of Northann Corp. (NCL), acquired 87,146 shares of common stock as compensation under the company's 2023 Equity Incentive Plan. This transaction increased Patel's total holdings to 133,774 shares. The shares were granted at no cost, and the transaction was reported in a Form 4 filing with the SEC. Patel's acquisition reflects his continued involvement and commitment to the company. The filing also confirms that Patel is not a ten percent owner, officer, or other significant stakeholder, but solely a director.