Net Power (NPWR) insider logs routine share transaction

Rhea-AI Filing Summary

Net Power Inc. (symbol: NPWR) is the issuer of record for a Form 4 filing submitted to the SEC.

Insider Trade Summary

Net Buyer: 71,770 shares

Net Buy 1 txn

Insider Kelliher Joseph T

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1	71,770	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 176,151 shares (Direct)

Footnotes (1)

1. F1. The restricted stock units reported in this Form 4 were granted effective June 3, 2026, the date of the Issuer's 2026 annual meeting of stockholders, pursuant to the Issuer's Non-Employee Director Compensation Policy, which provides, among other things, for an automatic annual grant of restricted stock units to eligible non-employee directors. Each restricted stock unit represents the right to receive one share of Class A common stock. The restricted stock units vest on the earlier of the day immediately preceding the date of the Issuer's 2027 annual meeting of stockholders and June 3, 2027, subject to continued service as a director. Settlement of the restricted stock units is deferred pursuant to the reporting person's standing deferral election. Due to administrative oversight, this Form 4 is being filed late.

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Available on EDGAR 08/31/2026 - 07:34 AM Accepted by SEC EDGAR 08/31/2026 - 07:33 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kelliher Joseph T

(Last) (First) (Middle)

C/O NET POWER INC.

11700 KATY FREEWAY, SUITE 700

(Street)

HOUSTON TEXAS 77079

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Net Power Inc. [ NPWR ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Restricted Stock Units	06/03/2026		A		71,770(1)	A	$0	176,151	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The restricted stock units reported in this Form 4 were granted effective June 3, 2026, the date of the Issuer's 2026 annual meeting of stockholders, pursuant to the Issuer's Non-Employee Director Compensation Policy, which provides, among other things, for an automatic annual grant of restricted stock units to eligible non-employee directors. Each restricted stock unit represents the right to receive one share of Class A common stock. The restricted stock units vest on the earlier of the day immediately preceding the date of the Issuer's 2027 annual meeting of stockholders and June 3, 2027, subject to continued service as a director. Settlement of the restricted stock units is deferred pursuant to the reporting person's standing deferral election. Due to administrative oversight, this Form 4 is being filed late.

Remarks:

	/s/ Ron Rucker, attorney-in-fact	08/28/2026
	** 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 4 (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 4: SEC 1474 (03-26)