Form 4 for NPWR Net Power Inc.
Accepted 2025-11-04 00:00:00 ET · period of report 2025-10-31 · accession 0001104659-25-106545 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-11-04 | 2025-11-02 | NPWR | Beauchamp Cynda | 10% | J - Other | — | -24.58M | 0 | -100% | — |
| DI | 2025-11-04 | 2025-10-31 | NPWR | Beauchamp Cynda | 10% | S - Sale | $4.05 | -18.1K | 1.85M | -1.0% | -$73.4K |
| DI | 2025-11-04 | 2025-11-02 | NPWR | Beauchamp Cynda | 10% | J - Other | — | -22.73M | 0 | -100% | — |
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 | Class B Common Stock | 2025-11-02 | J | D | 22,729,880 | — | 0 | I See Footnotes | — | — | (F2) The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH. (F3) For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date. |
| 2 | Common | Class A Common Stock | 2025-10-31 | S | D | 18,116 | $4.05 | 1,847,130 | I See Footnote | — | — | (F1) The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $4.05 to $4.06. NPEH, LLC ("NPEH") will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. (F2) The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH. |
| 3 | Common | Class A Common Stock | 2025-11-02 | J | D | 1,847,130 | — | 0 | I See Footnotes | — | — | (F2) The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH. (F3) For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date. |
| 4 | Derivative | Class A Units of NET Power Operations LLC | 2025-11-02 | J | D | 22,729,880 | — | 0 | I See Footnotes | — · — to — | 22,729,880 Class A Common Stock | (F2) The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH. (F3) For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date. |