SHUGAR DANIEL S sold NXT
May 22, 2026 · Form 4 insider transaction
SHUGAR DANIEL S sold 20,787 shares of Nextpower Inc. at $125.81 per share, a transaction worth $2.62M. The trade was recorded as j under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
20,787
Price
$125.81
Total value
$2.62M
InsiderSHUGAR DANIEL S
Role—
CompanyNextpower Inc. (NXT)
SecurityCommon Stock
Transaction codeJ: J
Transaction dateMay 22, 2026
Filing dateMay 26, 2026
Shares owned after957,496
OwnershipDirect
10b5-1 planYes
AmendedNo
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 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.