STOCK TITAN

NXT (NASDAQ: NXT) — David Bennett files Rule 144 notice for Class A stock

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

Rhea-AI Filing Summary

David Bennett submitted a Rule 144 notice relating to Class A shares. The filing lists securities to be sold and discloses multiple prior transactions: sales on 04/24/2026 (32,666 shares), 04/27/2026 (32,908 shares), 04/28/2026 (34,185 shares), and additional sales in May 2026. The filing also references 13,368 Class A shares in a securities-to-be-sold line and notes 06/22/2026 and 06/18/2026 as reporting dates.

Positive

  • None.

Negative

  • None.
Securities to be sold line 13,368 shares listed under "Securities To Be Sold" with date 06/18/2026
Sale on 04/24/2026 32,666 shares Securities Sold During The Past 3 Months entry; value $3,960,644.70
Sale on 04/27/2026 32,908 shares Securities Sold During The Past 3 Months entry; value $3,959,628.77
Sale on 04/28/2026 34,185 shares Securities Sold During The Past 3 Months entry; value $3,959,426.35
Sale on 05/19/2026 55,075 shares Securities Sold During The Past 3 Months entry; value $7,031,579.46
Sale on 05/22/2026 2,599 shares Securities Sold During The Past 3 Months entry; value $326,992.15
Sale on 05/26/2026 1,234 shares Securities Sold During The Past 3 Months entry; value $159,649.37
Reporting/reference date 06/22/2026 Date shown on filer/cover line associated with NASDAQ
Rule 144 regulatory
"144: Securities To Be Sold"
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 | 06/18/2026 | 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.
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"
Issuer corporate
"Restricted Stock Vesting | Issuer"
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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 NXT's Form 144 disclose about David Bennett's recent transactions?

The Form 144 lists multiple Class A share sales by David Bennett, including 32,666 shares on 04/24/2026 and 34,185 shares on 04/28/2026. The filing also includes a line showing 13,368 Class A shares under "Securities To Be Sold."

When were the reported Class A share sales by David Bennett recorded in the NXT filing?

Sales recorded in the excerpt include 04/24/2026, 04/27/2026, 04/28/2026, 05/19/2026, 05/22/2026, and 05/26/2026. A reporting line also shows 06/18/2026 and 06/22/2026 in the submission.

How many shares and proceeds are shown for the 04/24/2026 sale in the NXT Form 144 excerpt?

The excerpt lists a 04/24/2026 entry showing 32,666 shares and an associated value of $3,960,644.70. Those figures appear in the "Securities Sold During The Past 3 Months" section for David Bennett.

Does the filing specify the method or reason for the Class A share sales for NXT?

The excerpt labels one entry as "Restricted Stock Vesting" and marks the counterparty as "Issuer" for a 06/18/2026 line. Other sales are listed under "Securities Sold During The Past 3 Months" without additional distribution-method detail.

Where is David Bennett's address listed in the NXT Form 144 excerpt?

The filing shows David Bennett's address as 6200 Paseo Padre Parkway, Fremont, CA 94555 adjacent to multiple Class A sale entries in the "Securities Sold During The Past 3 Months" section.