DANIEL S. SHUGAR - 04 Mar 2026 Form 4 Insider Report for Nextpower Inc. (NXT)

Signature
/s/ Philip Reuther, as attorney-in-fact for Daniel Shugar
Issuer symbol
NXT
Transactions as of
04 Mar 2026
Net transactions value
-$4,030,688
Form type
4
Filing time
06 Mar 2026, 19:00:15 UTC
Previous filing
18 Nov 2025
Next filing
09 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SHUGAR DANIEL S Chief Executive Officer, Director C/O NEXTPOWER INC., 6200 PASEO PADRE PARKWAY, FREMONT /s/ Philip Reuther, as attorney-in-fact for Daniel Shugar 06 Mar 2026 0001425477

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXT Common Stock Sale $4,030,688 -39,892 -6.4% $101.04 584,990 04 Mar 2026 Direct F1
transaction NXT Common Stock Gift -220,805 -92% $0.000000* 18,104 06 Mar 2026 By Trust F2, F3
transaction NXT Common Stock Gift +220,805 +38% $0.000000* 805,795 06 Mar 2026 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
F2 Represents the exempt gift of shares by the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007, to the Reporting Person.
F3 Reflects shares indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007.