Daniel S. Shugar - 22 May 2026 Form 4 Insider Report for Nextpower Inc. (NXT)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: NXT
Reported as of: 22 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 May 2026, 18:45:47 UTC
Prior SEC filing: 22 May 2026
Next SEC filing: 28 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Philip Reuther, as attorney-in-fact for Daniel Shugar

Key filing fact

Daniel S. Shugar filed Form 4 for Nextpower Inc. (NXT) on 26 May 2026.

Key facts

This page summarizes Daniel S. Shugar's Form 4 filing for Nextpower Inc. (NXT).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 26 May 2026, 18:45.

Change

Previous filing in this sequence was filed on 22 May 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001425477 Primary reporting owner

SHUGAR DANIEL S

Relationship: Chief Executive Officer, Director
Address: C/O NEXTPOWER INC., 6200 PASEO PADRE PARKWAY, FREMONT
Signature: /s/ Philip Reuther, as attorney-in-fact for Daniel Shugar
Signature date: 26 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NXT transaction

Common Stock

Other

Transaction value
Shares: -20,787
Change %: -2.1%
Price: $125.81^*
Shares after: 957,496
Date: 22 May 2026
Ownership: Direct
Footnotes: F1

NXT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 18,104
Date: 22 May 2026
Ownership: By Trust
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote 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 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.

Footnote F2

Reflects shares indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007.