Nextpower Inc. 4
0000950103-26-007835
View on SEC EDGARBruce Ledesma, Chief Legal & Compliance Officer of Nextpower Inc. (NXT), disposed of a total of 9,829 shares of common stock on May 26, 2026 (a mix of open-market sale and mandatory sell-to-cover), leaving him with 239,549 shares owned directly.
On May 26, 2026, Bruce Ledesma, Chief Legal & Compliance Officer of Nextpower Inc., reported two Form 4 transactions in the company’s common stock: an open-market sale of 3,248 shares at an average price of $134.72 per share (approximately $437,000 in proceeds), and a separate disposition of 6,581 shares at an average price of $129.38 per share (approximately $852,000 in value) classified with transaction code “J,” which the footnote explains was a mandatory sell-to-cover transaction to satisfy tax withholding obligations upon RSU vesting under the issuer’s 10b5-1 sell-to-cover policy. Following these transactions, Ledesma’s direct ownership decreased from 246,130 to 239,549 shares, with the remaining stake worth roughly $32–33 million based on the reported trade prices, and both sales were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on September 10, 2024.
Filing Facts
- CIK
- 1852131
- Ticker
- NXT
- Form
- 4
- Source Type
- fda
- Accession
- 0000950103-26-007835
- Alert Tier
- 6