Net Power director granted 71,770 RSUs
Net Power Inc. (NPWR) reported that director Carol R. Peterson received a grant of 71,770 Restricted Stock Units effective June 3, 2026, under the company’s Non-Employee Director Compensation Policy.
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Rhea-AI Filing Summary
Net Power Inc. (NPWR) reported that director Carol R. Peterson received a grant of 71,770 Restricted Stock Units effective June 3, 2026, under the company’s Non-Employee Director Compensation Policy. Each unit will convert into one share of Class A common stock, vesting on the earlier of the day immediately preceding the 2027 annual stockholder meeting or June 3, 2027, subject to continued board service. Settlement of these units is deferred under Peterson’s standing deferral election, and her direct holdings after the grant total 176,151 shares/units. The company disclosed that this Form 4 was filed late due to administrative oversight.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 71,770 | $0.00 | $0.00 |
Footnotes (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.
Key Figures
Key Terms
Restricted Stock Units financial
Non-Employee Director Compensation Policy financial
Class A common stock financial
deferral election financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NPWR report for Carol R. Peterson?
When do Carol R. Peterson’s new NPWR RSUs vest?
Is settlement of Carol R. Peterson’s NPWR RSUs immediate?
Why was this NPWR Form 4 filed late?
AI-generated analysis. How Rhea-AI works. Not financial advice.