NXT (Ticker: NXT) insider Howard Wenger plans sale of 11,176 Class A shares

Rhea-AI Filing Summary

Howard Wenger filed a notice to sell Class A shares of issuer NXT. The filing lists up to 11,176 Class A shares to be sold through Fidelity Brokerage Services LLC, with an aggregate market value of 1,171,021.28, and an approximate sale date of 08/11/2026 on NASDAQ. These shares relate to restricted stock vesting on 06/21/2025 as compensation from the issuer.

The notice also details prior Class A share sales over the past three months by Howard Wenger, including transactions on 05/20/2026, 05/21/2026, 05/22/2026, 05/26/2026, and 06/22/2026, each specifying shares sold and total value.

Key Figures

Planned shares to be sold: 11,176 shares Aggregate market value of planned sale: 1,171,021.28 Class A shares outstanding: 151,729,520 shares +5 more

8 metrics

Planned shares to be sold 11,176 shares Class A shares planned for sale via Fidelity, approximate date 08/11/2026

Aggregate market value of planned sale 1,171,021.28 Value corresponding to 11,176 Class A shares to be sold

Class A shares outstanding 151,729,520 shares Total Class A shares outstanding for the issuer

Shares sold 05/20/2026 16,090 shares Class A shares sold by Howard Wenger on 05/20/2026 for 2,048,578.80

Shares sold 05/21/2026 124,497 shares Class A shares sold by Howard Wenger on 05/21/2026 for 15,150,176.88

Shares sold 05/22/2026 19,445 shares Class A shares sold by Howard Wenger on 05/22/2026 for 2,403,068.97

Shares sold 05/26/2026 72,540 shares Class A shares sold by Howard Wenger on 05/26/2026 for 9,439,601.76

Shares sold 06/22/2026 16,041 shares Class A shares sold by Howard Wenger on 06/22/2026 for 2,059,352.48

Key Terms

Restricted Stock Vesting, Aggregate Market Value, Approximate Date of Sale

3 terms

Restricted Stock Vesting financial

"Class A | 06/21/2025 | 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.

Aggregate Market Value financial

"11176 | 1171021.28 | 151729520 | 08/11/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Approximate Date of Sale financial

"151729520 | 08/11/2026 | NASDAQ"

FAQ

What share sale is Howard Wenger planning in the NXT Form 144 filing?

Howard Wenger plans to sell up to 11,176 Class A shares of NXT. The filing shows an aggregate market value of 1,171,021.28, with an approximate sale date of 08/11/2026 through Fidelity Brokerage Services LLC on NASDAQ.

What is the aggregate market value of the NXT shares to be sold by Howard Wenger?

The aggregate market value of the planned sale is 1,171,021.28. This value corresponds to up to 11,176 Class A shares of NXT that Howard Wenger intends to sell through Fidelity Brokerage Services LLC on or around 08/11/2026.

How many NXT Class A shares are outstanding according to this Form 144?

The filing reports 151,729,520 Class A shares outstanding. This figure provides context for Howard Wenger’s planned sale of 11,176 shares, indicating the relative size of the transaction versus the issuer’s total Class A share count.

What prior NXT share sales has Howard Wenger reported in the last three months?

Howard Wenger reported several past sales of NXT Class A shares, including 16,090 shares on 05/20/2026, 124,497 shares on 05/21/2026, 19,445 shares on 05/22/2026, 72,540 shares on 05/26/2026, and 16,041 shares on 06/22/2026.

What were the total values of Howard Wenger’s recent NXT share sales?

Reported sale values include 2,048,578.80 on 05/20/2026, 15,150,176.88 on 05/21/2026, 2,403,068.97 on 05/22/2026, 9,439,601.76 on 05/26/2026, and 2,059,352.48 on 06/22/2026. Each figure corresponds to a separate Class A share transaction.

What is the source of the NXT shares Howard Wenger plans to sell?

The shares come from restricted stock vesting dated 06/21/2025. The filing identifies the transaction type as “Restricted Stock Vesting” from the issuer, categorized as Compensation, indicating the shares were granted as part of compensation.

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

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Available on EDGAR 08/11/2026 - 11:44 AM Accepted by SEC EDGAR 08/11/2026 - 11:43 AM 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
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

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	11176	1171021.28	151729520	08/11/2026	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	06/21/2025	Restricted Stock Vesting	Issuer			11176	06/21/2025	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
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/20/2026	16090	2048578.80
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/21/2026	124497	15150176.88
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/22/2026	19445	2403068.97
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/26/2026	72540	9439601.76
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	06/22/2026	16041	2059352.48

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)