SHUGAR DANIEL S sold NXT
April 27, 2026 · Form 4 insider transaction
SHUGAR DANIEL S sold 74,041 shares of Nextpower Inc. at $120.32 per share, a transaction worth $8.91M. The trade was recorded as j under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
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 PSUs. These PSUs were earned upon the final certification by the Board of Directors of the Issuer on April 22, 2026 and the sell-to-cover transactions occurred over two trading days. 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.