Howard Wenger files Form 144: NXT insider reports 124,497-share sale

Rhea-AI Filing Summary

Howard Wenger reported proposed sales of Class A shares by filing a Form 144. The filing lists a planned disposition tied to Restricted Stock Vesting dated 05/21/2026 and shows multiple reported sales in the past three months, including 124,497 shares on 05/21/2026 for $15,497,386.56.

The notice identifies the broker as Fidelity Brokerage Services LLC and lists earlier sales on 04/24/2026, 04/27/2026, 04/28/2026, and 05/20/2026 with share counts and gross amounts recorded in the filing.

Insights

Securities Compliance Analyst

Form 144 records proposed and recent sales of Class A shares by Howard Wenger, anchored to a restricted-stock vesting event.

The filing lists a planned sale method labeled "Restricted Stock Vesting" dated 05/21/2026 and names Fidelity Brokerage Services LLC as the broker. It also records multiple sales in the prior three months, including 124,497 shares on 05/21/2026 for $15,497,386.56, which are reported as past transactions.

Timing and cash-flow mechanics for the planned disposition are those stated: the entry is tied to vesting and compensation. Subsequent public filings or Form 4/5 entries would show settlement and any change in beneficial ownership.

Key Figures

Form type: Form 144 Planned vesting date: 05/21/2026 Recent sale (largest shown): 124,497 shares +3 more

6 metrics

Form type Form 144 Notice of proposed sale

Planned vesting date 05/21/2026 Restricted Stock Vesting listed as source

Recent sale (largest shown) 124,497 shares Sale dated 05/21/2026

Gross amount for 124,497 shares $15,497,386.56 Reported alongside 05/21/2026 sale

Sale on 05/20/2026 16,090 shares Reported sale date 05/20/2026

Earlier April sales 39,189; 39,488; 41,024 shares Sales dated 04/24/2026, 04/27/2026, 04/28/2026

Key Terms

Restricted Stock Vesting, Class A, Securities Sold During The Past 3 Months, Fidelity Brokerage Services LLC

4 terms

Restricted Stock Vesting regulatory

"Class A | 05/21/2026 | Restricted Stock Vesting"

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.

Class A market

"Class A | Fidelity Brokerage Services LLC"

Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

Securities Sold During The Past 3 Months regulatory

"144: Securities Sold During The Past 3 Months"

Fidelity Brokerage Services LLC other

"Class A | Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"

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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	9051	1095352.02	150274472	05/22/2026	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	05/21/2026	Restricted Stock Vesting	Issuer			9051	05/21/2026	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
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/24/2026	39189	4751536.93
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/27/2026	39488	4751362.01
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/28/2026	41024	4751543.26
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	15497386.56

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)

FAQ

What did NXT insider Howard Wenger report on Form 144?

He reported a proposed sale of Class A shares tied to Restricted Stock Vesting dated 05/21/2026, and disclosed recent sales including 124,497 shares on 05/21/2026 for $15,497,386.56.

Which broker is listed on the Form 144 for NXT?

The filing lists Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield RI as the broker-dealer handling the transactions, with a NASDAQ reference in the securities section.

What recent sales in the past three months are shown in the filing for NXT?

The filing shows sales on 04/24/2026, 04/27/2026, 04/28/2026, 05/20/2026, and 05/21/2026, including 124,497 shares on 05/21/2026 for $15,497,386.56.

Is the proposed sale tied to compensation for NXT?

Yes. The filing labels the security disposition method as "Restricted Stock Vesting" and classifies the source as Compensation, with an effective date of 05/21/2026.