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Nextpower (NXT) director plans new stock sale after recent trades

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Form Type
144

Rhea-AI Filing Summary

Nextpower Inc. (NXT) received a Rule 144 notice relating to planned sales of its Class A common stock by director Julia Blunden. The notice covers 2,289 shares of Class A common stock listed on NASDAQ, referencing an aggregate value of $228,465.09 and 151,729,520 shares outstanding. The securities to be sold were acquired through restricted stock vesting on 01/02/2024, with a stated proposed sale date of 08/18/2024. The notice also lists sales during the past three months totaling 3,723 shares for $327,924.15 on 08/21/2026 and 2,289 shares for $222,536.58 on 08/05/2026.

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Shares to be sold under Rule 144 2,289 shares of Class A Common Stock Planned sale of securities by Julia Blunden
Aggregate value of securities to be sold $228,465.09 Associated with the 2,289 shares in the Rule 144 notice
Shares outstanding 151,729,520 shares Class A common stock referenced in the Rule 144 securities information
Prior sale on 08/21/2026 3,723 shares for $327,924.15 Securities sold during the past 3 months by Julia Blunden
Prior sale on 08/05/2026 2,289 shares for $222,536.58 Securities sold during the past 3 months by Julia Blunden
Acquisition date of restricted stock 01/02/2024 Restricted stock vesting described as compensation
Proposed sale date for vested shares 08/18/2024 Proposed sale date in the securities-to-be-sold section
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 Common Stock | 01/02/2024 | 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.
attorney-in-fact regulatory
"Signature | /s/ Phillip Reuther, as attorney-in-fact for Julia 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 does the Form 144 filing disclose for Nextpower Inc. (NXT)?

It discloses that director Julia Blunden has filed a Rule 144 notice for the potential sale of 2,289 shares of Nextpower Inc. Class A common stock, along with information on how and when the shares were acquired and prior sales in the last three months.

How many Nextpower Inc. (NXT) shares are covered by the planned Rule 144 sale?

The notice covers a proposed sale of 2,289 shares of Nextpower Inc. Class A common stock, with an indicated aggregate value of $228,465.09 for those securities.

What prior sales by Julia Blunden in Nextpower Inc. (NXT) stock are reported?

The filing reports that Julia Blunden sold 3,723 shares for $327,924.15 on 08/21/2026 and 2,289 shares for $222,536.58 on 08/05/2026, both involving Class A common stock.

How were the Nextpower Inc. (NXT) shares to be sold under Rule 144 acquired?

The shares were acquired through restricted stock vesting on 01/02/2024, with the nature of the acquisition described as compensation from the issuer.

What is the reported number of Nextpower Inc. (NXT) shares outstanding in this notice?

The notice references 151,729,520 shares of Nextpower Inc. Class A common stock outstanding in connection with the Rule 144 securities information.

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

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Learn about SEC filing dates

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