Nextpower officer plans $360K Class A share sale

Nextpower Inc. (NXT) received a Rule 144 notice regarding a planned sale of its Class A common stock by officer Charles Boynton.

Rhea-AI Filing Summary

Nextpower Inc. (NXT) received a Rule 144 notice regarding a planned sale of its Class A common stock by officer Charles Boynton. The notice covers the proposed sale of 4,500 Class A shares through Fidelity Brokerage Services LLC, with an aggregate market value of $359,910.00, to be sold on or after 09/01/2026 on NASDAQ. The shares were acquired from the issuer on 05/21/2025 via restricted stock vesting as compensation. The filing also reports that Boynton sold 4,500 Class A shares on 06/01/2026 for aggregate proceeds of $683,055.00.

Key Figures

Shares proposed to be sold: 4,500 shares of Class A Aggregate market value of proposed sale: $359,910.00 Acquisition date of shares to be sold: 05/21/2025 +2 more

5 metrics

Shares proposed to be sold 4,500 shares of Class A Proposed sale under Rule 144 on or after 09/01/2026

Aggregate market value of proposed sale $359,910.00 Value of 4,500 Class A shares proposed to be sold

Acquisition date of shares to be sold 05/21/2025 Restricted stock vesting from issuer as compensation

Shares sold in past 3 months 4,500 shares of Class A Sale by Charles Boynton on 06/01/2026

Aggregate proceeds from recent sale $683,055.00 Proceeds from 4,500 Class A shares sold on 06/01/2026

Key Terms

Rule 144, Restricted Stock Vesting, attorney-in-fact, aggregate proceeds

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Vesting financial

"Class A | 05/21/2025 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

attorney-in-fact regulatory

"as attorney-in-fact for Charles Boynton"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

aggregate proceeds financial

"06/01/2026 | 4500 | 683055.00"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Nextpower Inc. (NXT)?

It discloses that officer Charles Boynton plans to sell 4,500 Class A shares of Nextpower Inc. under Rule 144, with an aggregate market value of $359,910.00, through Fidelity Brokerage Services LLC on or after 09/01/2026 on NASDAQ.

How many Nextpower Inc. (NXT) shares is Charles Boynton planning to sell?

The notice covers a proposed sale of 4,500 Class A shares of Nextpower Inc. to be sold on or after 09/01/2026 under Rule 144 through Fidelity Brokerage Services LLC.

What is the aggregate market value of the planned NXT share sale?

The planned sale by Charles Boynton involves 4,500 Class A shares of Nextpower Inc. with an aggregate market value of $359,910.00, as stated in the Form 144 securities information section.

How did Charles Boynton acquire the NXT shares to be sold?

The 4,500 Class A shares of Nextpower Inc. to be sold were acquired on 05/21/2025 from the issuer through Restricted Stock Vesting, with the nature of acquisition described as Compensation.

Has Charles Boynton recently sold any Nextpower Inc. (NXT) shares?

Yes. The filing reports that Charles Boynton sold 4,500 Class A shares of Nextpower Inc. on 06/01/2026 for aggregate gross proceeds of $683,055.00 during the past three months.

Which broker is handling the proposed NXT share sale under Form 144?

The proposed sale of 4,500 Class A shares of Nextpower Inc. will be handled by Fidelity Brokerage Services LLC, with the transaction listed to occur on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/01/2026 - 10:17 AM EDT Accepted by SEC EDGAR 09/01/2026 - 10:16 AM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001181212
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Nextpower Inc.
SEC File Number	001-41617
Address of Issuer	6200 PASEO PADRE PARKWAY FREMONT CALIFORNIA 94555
Phone	510-270-2500
Name of Person for Whose Account the Securities are To Be Sold	BOYNTON CHARLES D
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	4500	359910.00	151729520	09/01/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	05/21/2025	Restricted Stock Vesting	Issuer			4500	05/21/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Charles Boynton 6200 Paseo Padre Parkway Fremont CA 94555	Class A	06/01/2026	4500	683055.00

144: Remarks and Signature

Remarks
Date of Notice	09/01/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/13/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Charles Boynton
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)