Form 4 for NXT Nextpower Inc.
Accepted 2026-04-28 21:13:04 ET · period of report 2026-04-27 · accession 0000950103-26-006332 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MT | 2026-04-28 21:13 | 2026-04-27+ | NXT | SHUGAR DANIEL S | CEO, Dir | J - Other | $118.03 | -151.0K | 736.3K | -17% | -$17.82M |
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 | 2026-04-27 | J | D | 74,041 | $120.32 | 813,189 | D | — | — | (F1) 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 PSUs. These PSUs were earned upon the final certification by the Board of Directors of the Issuer on April 22, 2026 and the sell-to-cover transactions occurred over two trading days. 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. (F1) 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 PSUs. These PSUs were earned upon the final certification by the Board of Directors of the Issuer on April 22, 2026 and the sell-to-cover transactions occurred over two trading days. 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. |
| 2 | Common | Common Stock | 2026-04-28 | J | D | 76,917 | $115.82 | 736,272 | D | — | — | (F1) 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 PSUs. These PSUs were earned upon the final certification by the Board of Directors of the Issuer on April 22, 2026 and the sell-to-cover transactions occurred over two trading days. 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. (F1) 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 PSUs. These PSUs were earned upon the final certification by the Board of Directors of the Issuer on April 22, 2026 and the sell-to-cover transactions occurred over two trading days. 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. |