NET Power (NPWR) CFO reports 529,801 restricted stock unit grant

Rhea-AI Filing Summary

NET Power Inc. filed an initial ownership report for Chief Financial Officer Ned Leland Shuman. The filing shows he holds 529,801 restricted stock units (RSUs), which were granted on April 13, 2026 and vest on April 13, 2029, subject to continued employment. All reported RSUs are held as direct ownership.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shuman Ned Leland

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 529,801 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 529,801 RSUs RSUs vesting date: April 13, 2029 RSUs held after report: 529,801 RSUs

3 metrics

RSUs granted 529,801 RSUs Grant received April 13, 2026

RSUs vesting date April 13, 2029 Vesting contingent on continued employment

RSUs held after report 529,801 RSUs Total direct holdings reported on Form 3

Key Terms

Restricted Stock Units, RSUs, Form 3, continued employment

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"grant of 529,801 restricted stock units ("RSUs") that vest"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Form 3 financial

"initial ownership report for Chief Financial Officer"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

continued employment financial

"RSUs that vest on April 13, 2029, subject to continued employment"

Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Shuman Ned Leland

(Last) (First) (Middle)

320 RONEY STREET

SUITE 200

(Street)

DURHAM NORTH CAROLINA 27701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/18/2026

3. Issuer Name and Ticker or Trading Symbol
NET Power Inc. [ NPWR ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	529,801(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On April 13, 2026, the Reporting Person recieved a grant of 529,801 restricted stock units ("RSUs") that vest on April 13, 2029, subject to continued employment.

Remarks:

	/s/ Andrew Davisson, as attorney-in-fact	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What insider position does NET Power (NPWR) CFO Ned Leland Shuman report on this Form 3?

Ned Leland Shuman reports holding 529,801 restricted stock units (RSUs) in NET Power Inc. These RSUs represent his initial reported ownership position as Chief Financial Officer and are documented as directly held equity-based compensation.

When do Ned Leland Shuman’s 529,801 RSUs in NET Power (NPWR) vest?

The 529,801 RSUs granted to Ned Leland Shuman vest on April 13, 2029. Vesting is contingent on his continued employment with NET Power Inc. through that date, making this a long-term incentive award.

What conditions apply to the NET Power (NPWR) CFO’s RSU grant?

The RSU grant of 529,801 units to the NET Power CFO is subject to continued employment through April 13, 2029. If this condition is met, the RSUs vest on that date, aligning his compensation with long-term service.

Is the NET Power (NPWR) CFO’s RSU holding on this Form 3 direct or indirect?

The filing reports the CFO’s 529,801 RSUs as direct ownership. No trusts, family entities, or other indirect ownership vehicles are referenced in the transaction entry for this initial ownership statement.

Does this NET Power (NPWR) Form 3 show any insider share purchases or sales?

The Form 3 reflects initial ownership of 529,801 RSUs and does not report any purchases or sales. The transaction is categorized as a holding entry, documenting the existing grant rather than open-market trading activity.