NET Power (NPWR) insider sale: 250,000 shares at $2.568
Rhea-AI Filing Summary
NET Power Inc. (NPWR) reported insider share sales by an affiliated entity of a director and more than 10% owner. NPEH, LLC sold 338,653 shares of Class A common stock on 11/17/2025 at a weighted average price of $2.8096 per share, and another 250,000 shares on 11/19/2025 at a weighted average price of $2.568 per share, through multiple trades within stated price ranges.
After these transactions, NPEH is shown as indirectly holding 3,500,000 and then 3,250,000 shares of Class A common stock. 8 Rivers Capital, LLC, as manager and holder of approximately 91.4% of NPEH’s equity, and Damian R. Beauchamp, who indirectly owns approximately 68.5% of 8 Rivers, may each be deemed beneficial owners to the extent of their pecuniary interests, though both disclaim beneficial ownership beyond that.
Positive
- None.
Negative
- None.
Insights
Large indirect shareholder related to a director sold shares through an affiliated LLC while retaining a sizable position.
This Form 4 reports that **NPEH, LLC**, an affiliated entity, sold **338,653** shares of **Class A Common Stock** on
The filing explains a layered ownership structure: **NPEH, LLC** directly owns the shares; **8 Rivers Capital, LLC** holds approximately
The sales occurred over multiple trades within stated price ranges, with weighted averages provided, and the filer offers to supply full trade breakdowns upon request. The transactions are not identified as being under a Rule 10b5-1 trading plan, so they appear as discretionary sales as reported. A practical item to watch is any future Form 4 activity by NPEH, 8 Rivers, or Mr. Beauchamp, to see whether this is an isolated adjustment or part of an ongoing reduction in indirect ownership over the coming months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 250,000 | $2.568 | $642K |
| Sale | Class A Common Stock | 338,653 | $2.8096 | $951K |
Footnotes (1)
- The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $2.76 to $2.885. NPEH, LLC ("NPEH") will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $2.505 to $2.715. NPEH, LLC ("NPEH") will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise. Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.
