SEC Form 4 · accession 0000950103-26-009399
Nextpower Inc. · NXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Bennett
Officer — Chief Accounting Officer
Period of report
Jun 18, 2026
Accepted (ET)
Jun 23, 2026 · 7:09 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001852131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 18, 2026 | M | 25,407 | — | A | 174,569 | D | |
| Common StockF2 | Jun 22, 2026 | J | 13,368 | $128.38 | D | 161,201 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jun 18, 2026 | M | 25,407 | D | — | — | Common Stock | 25,407 | 0 | D |
Explanation of responses
- F1Reflects 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.
- F2Reflects 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.