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William D. Watkins to sell 5,000 Nextracker (NASDAQ: NXT) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Nextracker insider William D. Watkins filed a Rule 144 notice to sell 5,000 shares of Class A common stock, with an aggregate market value of $605,400. The planned sale, through Pershing LLC on NASDAQ, is targeted for around January 30, 2026, against 148,386,780 shares outstanding.

These 5,000 shares were acquired from the issuer on January 4, 2024 via a spinoff, with payment listed as cash on the same date. The filing also reports that Watkins sold 10,000 Class A shares on November 18, 2025, generating gross proceeds of $918,516.60 over the prior three months.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the NXT Form 144 filing disclose about insider activity?

The filing shows insider William D. Watkins plans to sell 5,000 Nextracker Class A shares under Rule 144. It also discloses a prior sale of 10,000 Class A shares on November 18, 2025, with gross proceeds of $918,516.60 over the past three months.

How many Nextracker (NXT) shares is William D. Watkins planning to sell?

William D. Watkins plans to sell 5,000 shares of Nextracker Class A common stock. The aggregate market value for this planned transaction is listed as $605,400, with the sale expected to be executed on NASDAQ through broker Pershing LLC around January 30, 2026.

When and how did William D. Watkins acquire the Nextracker shares being sold?

The 5,000 Nextracker Class A shares were acquired on January 4, 2024 via a spinoff from the issuer. The filing states that 5,000 securities were obtained on that date, with the date of payment also January 4, 2024 and the nature of payment described as cash.

What previous Nextracker share sales by Watkins are reported in this Form 144?

The filing reports that William D. Watkins sold 10,000 shares of Nextracker Class A common stock on November 18, 2025. These shares generated gross proceeds of $918,516.60 and are disclosed as securities of the same issuer sold during the past three months.

Which broker and exchange are involved in the planned Nextracker (NXT) share sale?

The planned 5,000‑share sale will be executed through broker Pershing LLC, located at One Pershing Plaza, 6th Floor, Jersey City, NJ 07399. The securities are identified as Nextracker Class A common stock listed for trading on the NASDAQ stock market.

How many Nextracker shares are outstanding according to this Form 144?

The filing states that 148,386,780 shares or other units of Nextracker Class A common stock are outstanding. This figure provides context for the planned 5,000‑share sale and is presented alongside the aggregate market value and other details of the contemplated transaction.
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