NXT (NXT) Form 144: Affiliate Charles Boynton lists 9,870 Class A shares for resale

Rhea-AI Filing Summary

NXT Form 144 notice: Charles Boynton reported an intent to sell 9,870 shares of Class A common stock under Rule 144, related to restricted stock vesting on 05/22/2026. The filing lists past dispositions of 4,500 shares on 03/02/2026 for $452,025.00 and 34,193 shares on 05/22/2026 for $4,301,978.62.

Insights

Securities Counsel

Rule 144 sale notice for 9,870 Class A shares linked to restricted stock vesting.

The filing documents a proposed resale under Rule 144: 9,870 Class A shares are listed as securities to be sold following a 05/22/2026 restricted stock vesting event. Past reported dispositions appear in the same excerpt as factual context.

Cash‑flow treatment and exact sale timing are not specified in the excerpt; subsequent broker reports or a Form 4/5 would provide execution details if sales occur.

Key Figures

Shares listed for resale: 9,870 shares Prior sale on 03/02/2026: 4,500 shares Prior sale on 05/22/2026: 34,193 shares +2 more

5 metrics

Shares listed for resale 9,870 shares Securities to be sold; restricted stock vesting 05/22/2026

Prior sale on 03/02/2026 4,500 shares Disposition reported 03/02/2026 for $452,025.00

Prior sale on 05/22/2026 34,193 shares Disposition reported 05/22/2026 for $4,301,978.62

Broker Fidelity Brokerage Services LLC Broker listed with address 900 Salem Street, Smithfield RI

Exchange listing noted NASDAQ Exchange field in the excerpt

Key Terms

Rule 144, Restricted stock vesting, Form 144

3 terms

Rule 144 regulatory

"Securities To Be Sold / Restricted Stock Vesting 05/22/2026"

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

"Restricted Stock Vesting | Issuer | 05/22/2026"

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.

Form 144 regulatory

"Filer Information | Issuer Information | Securities Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	9870	1276936.19	150274472	05/26/2026	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	05/22/2026	Restricted Stock Vesting	Issuer			9870	05/22/2026	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	03/02/2026	4500	452025.00
Charles Boynton 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/22/2026	34193	4301978.62

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does NXT's Form 144 filing disclose about Charles Boynton's shares?

It discloses an intended resale of 9,870 Class A shares tied to restricted stock vesting on 05/22/2026. The filing also lists prior dispositions of 4,500 and 34,193 shares with their dollar amounts.

When did the restricted stock vest that enabled the sale under Rule 144?

The restricted stock vesting date is shown as 05/22/2026, which is the event linked to the 9,870 Class A shares identified for potential sale in the Form 144 excerpt.

How many shares did Charles Boynton sell in the past three months per the filing?

The excerpt reports two past dispositions: 4,500 shares on 03/02/2026 for $452,025.00 and 34,193 shares on 05/22/2026 for $4,301,978.62, as listed in the filing.

Which broker is named in the Form 144 notice for the proposed sale?

The broker listed in the excerpt is Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI, associated with the Class A securities entry in the filing.

Does the filing state when the proposed sale will occur or proceeds use?

The excerpt does not specify exact sale timing or the use of proceeds; it lists the 9,870 shares available for resale after the 05/22/2026 vesting event without timing or proceeds details.