Nextpower Inc. 4
0000950103-26-009398
View on SEC EDGARNextpower Inc. President Howard Wenger had 30,488 RSUs vest into common stock and then sold 16,041 shares in an automatic sell-to-cover tax transaction.
On June 18, 2026, President Howard Wenger of Nextpower Inc. had 30,488 restricted stock units vest and convert into an equal number of common shares, increasing his direct holdings to 447,085 shares. In connection with this RSU vesting, 30,488 RSUs were correspondingly deducted from his RSU balance. Subsequently, on June 22, 2026, 16,041 common shares were sold at an average price of approximately $128.38 per share, in a Rule 10b5-1 “sell-to-cover” transaction mandated by the company’s tax withholding policy, reducing his direct holdings to 431,044 shares. These transactions reflect routine equity compensation vesting and the associated automatic sale for tax obligations rather than discretionary open-market trading.
Filing Facts
- CIK
- 1852131
- Ticker
- NXT
- Form
- 4
- Source Type
- sec
- Accession
- 0000950103-26-009398
- Alert Tier
- 5