Form 4 for NXT Nextpower Inc.
Accepted 2025-04-03 00:00:00 ET · period of report 2025-04-01 · accession 0000950103-25-004361 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-03 | 2025-04-01 | NXT | Bennett David P | CAO | M - OptEx | — | +15.5K | 140.1K | +12% | — |
| D | 2025-04-03 | 2025-04-02 | NXT | Bennett David P | CAO | J - Other | $43.09 | -5,637 | 134.4K | -4% | -$242.9K |
| D | 2025-04-03 | 2025-04-01 | NXT | Bennett David P | CAO | M - OptEx | — | 0 | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-04-01 | M | A | 15,476 | — | 140,053 | D | — | — | (F1) Reflects the vesting and conversion of restricted stock units ("RSUs"), which were previously granted to the Reporting Person on April 6, 2022, into shares of the Issuer's common stock, on a one-for-one basis. |
| 2 | Common | Common Stock | 2025-04-02 | J | D | 5,637 | $43.09 | 134,416 | D | — | — | (F2) Reflects the number of shares required to be sold pursuant to a "sell-to-cover" transaction in order to satisfy the tax withholding obligations in connection with the vesting and conversion of RSUs. These sales are mandated by the Issuer's "sell-to-cover" policy adopted by the Issuer on September 10, 2024 pursuant to the requirements of Rule 10b5-1 and its authority under its equity incentive plan, and do not represent discretionary trades by the Reporting Person. |
| 3 | Derivative | Restricted Stock Units | 2025-04-01 | M | D | 0 | — | 0 | D | — · — to — | 0 Common Stock | (F1) Reflects the vesting and conversion of restricted stock units ("RSUs"), which were previously granted to the Reporting Person on April 6, 2022, into shares of the Issuer's common stock, on a one-for-one basis. |