8 Rivers Capital, LLC has filed 72 Form 4 transactions, all in a single company, and every one of them has been a sale. The firm has not reported a single open-market purchase, grant, or acquisition during the period covered. The total value of sales is $21.9 million, with zero dollars on the buy side. The selling bias is absolute.
The only ticker involved is NPWR, and the selling has been steady and recent. In the last several months, 8 Rivers has filed 23 sale transactions, all coded S for open-market sales. The most recent, on September 9, 2026, was for $276,075, following a $193,520 sale the day before. August was the heaviest month, with sales on August 4, 5, 6, 7, 10, 11, 12, 13, 14, 25, and 26, ranging from $55,989.50 to $990,518.43. The largest single transaction in the recent window was the August 14 sale at just under $1 million. July also saw a cluster of sales, including $221,402 on July 30 and $137,322 on July 22. Earlier in the year, there were sales on March 2 and March 3, for $163,772.79 and $204,250, respectively, plus a May 12 sale of $975,560.
The pattern is one-directional. There are no P codes, no A codes, and no M codes in the recent data. The only non-sale entries are a J and a C on March 6, 2026, both valued at zero, which are mechanical conversions and not cash transactions. The firm has not added to its position in NPWR at any point in the filing history. It has only reduced it, and the reduction has accelerated in the last two months.
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