Net Power (NPWR) awards 71,770 stock units to director
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 71,770 shares
Net Buy
1 txn
Insider
PETERSON CAROL R.
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)
- 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
Restricted Stock Units granted: 71,770 units
Price per RSU: $0.00 per unit
Total holdings after transaction: 176,151 shares/units
+2 more
5 metrics
Restricted Stock Units granted
71,770 units
Grant to director Carol R. Peterson effective June 3, 2026
Price per RSU
$0.00 per unit
Compensation-related RSU award, not a market purchase
Total holdings after transaction
176,151 shares/units
Direct ownership reported after the June 3, 2026 grant
RSU vesting date
Earlier of day before 2027 annual meeting or June 3, 2027
Vesting schedule for the 71,770 RSUs, subject to continued service
Form 4 timeliness note
Filed late
Footnote cites administrative oversight as the reason
Key Terms
Restricted Stock Units, Non-Employee Director Compensation Policy, Class A common stock, deferral election
4 terms
Restricted Stock Units financial
"The restricted stock units reported in this Form 4 were granted effective"
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.
Non-Employee Director Compensation Policy financial
"pursuant to the Issuer's Non-Employee Director Compensation Policy"
Class A common stock financial
"Each restricted stock unit represents the right to receive one share of Class A"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
deferral election financial
"Settlement of the restricted stock units is deferred pursuant to the reporting"
FAQ
What insider transaction did NPWR report for Carol R. Peterson?
Net Power Inc. reported that director Carol R. Peterson received a grant of 71,770 Restricted Stock Units on June 3, 2026, as part of the company’s Non-Employee Director Compensation Policy. Each RSU represents the right to receive one share of Class A common stock.
When do Carol R. Peterson’s new NPWR RSUs vest?
The 71,770 Restricted Stock Units vest on the earlier of the day immediately preceding Net Power’s 2027 annual meeting of stockholders and June 3, 2027, subject to Carol R. Peterson’s continued service as a director.
Is settlement of Carol R. Peterson’s NPWR RSUs immediate?
No. The filing states that settlement of the 71,770 Restricted Stock Units is deferred under Carol R. Peterson’s standing deferral election, so she will receive the underlying Class A shares at a later time in accordance with that election.
Why was this NPWR Form 4 filed late?
The footnote explains that, due to administrative oversight, this Form 4 reporting Carol R. Peterson’s June 3, 2026 Restricted Stock Unit grant was filed late.
AI-generated analysis. How Rhea-AI works. Not financial advice.
