Nextpower (NXT) director plans $310K Rule 144 Nasdaq sale
Rhea-AI Filing Summary
Nextpower Inc. (NXT) is named as the issuer in a notice of proposed sale of Class A common stock under Rule 144 for the account of director Julia D. Blunden. The notice covers a proposed sale of 3,692 Class A shares, with an approximate aggregate market value of $310,500.98, to be effected through Fidelity Brokerage Services LLC on NASDAQ. It also discloses a prior sale by Julia D. Blunden in the last three months of 3,723 Class A shares for approximately $327,931.04.
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Key Figures
Proposed shares to be sold: 3,692 Class A shares
Approximate aggregate market value of proposed sale: $310,500.98
Security to be sold acquisition date: 08/18/2025
+3 more
6 metrics
Proposed shares to be sold
3,692 Class A shares
Proposed Rule 144 sale for the account of director Julia D. Blunden
Approximate aggregate market value of proposed sale
$310,500.98
Value associated with 3,692 Class A shares in proposed sale
Security to be sold acquisition date
08/18/2025
Restricted Stock Vesting, compensation from issuer
Shares sold in past 3 months
3,723 Class A shares
Sale by Julia D. Blunden on 08/21/2026
Approximate aggregate value of past sale
$327,931.04
Value associated with 3,723 Class A shares sold on 08/21/2026
Issuer phone number
510-270-2500
Contact number for Nextpower Inc.
Key Terms
Rule 144, Restricted Stock Vesting, Compensation, Class A, +1 more
5 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 | 08/18/2025 | 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.
Compensation financial
"Class A | 08/18/2025 | Restricted Stock Vesting | Issuer | | | 3692 | 08/18/2025 | Compensation"
Class A financial
"Class A | Fidelity Brokerage Services LLC 900 Salem Street"
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.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Julia D. Blunden."
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.
FAQ
What insider sale is being proposed for Nextpower Inc. (NXT)?
A notice indicates a proposed sale under Rule 144 for director Julia D. Blunden of 3,692 Class A shares of Nextpower Inc., with an approximate aggregate market value of $310,500.98, to be sold through Fidelity Brokerage Services LLC on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.