Form 4 for NXT Nextpower Inc.
Accepted 2025-06-24 00:00:00 ET · period of report 2025-06-21 · accession 0000950103-25-007781 · 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 | 2025-06-24 | 2025-06-21 | NXT | SHUGAR DANIEL S | CEO, Dir | M - OptEx | — | +42.9K | 606.9K | +8% | — |
| D | 2025-06-24 | 2025-06-23 | NXT | SHUGAR DANIEL S | CEO, Dir | J - Other | $57.24 | -21.9K | 585.0K | -4% | -$1.25M |
| D | 2025-06-24 | 2025-06-21 | NXT | SHUGAR DANIEL S | CEO, Dir | M - OptEx | — | -42.9K | 57.2K | -43% | — |
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 | 2025-06-21 | M | A | 42,873 | — | 606,907 | D | — | — | (F1) Reflects the vesting and conversion of restricted stock units ("RSUs"), which were previously granted to the Reporting Person on June 21, 2023, into shares of the Issuer's common stock, on a one-for-one basis. |
| 2 | Common | Common Stock | 2025-06-23 | J | D | 21,917 | $57.24 | 584,990 | 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 March 2, 2023 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 | 2025-06-21 | M | D | 42,873 | — | 57,166 | D | — · — to — | 42,873 Common Stock | (F1) Reflects the vesting and conversion of restricted stock units ("RSUs"), which were previously granted to the Reporting Person on June 21, 2023, into shares of the Issuer's common stock, on a one-for-one basis. |