NXT (NXT) Form 144: Affiliate plans 10,394-share sale; Wenger disposes shares

Rhea-AI Filing Summary

NXT affiliate filed a Form 144 notifying proposed sales of Class A shares tied to compensation and recent dispositions. The filing lists a planned sale of 10,394 Class A shares on 05/21/2026 described as Restricted Stock Vesting from the issuer as compensation. The filing also reports multiple Class A dispositions by Howard Wenger during April–May 2026, including 124,497 shares on 05/21/2026.

Insights

Securities Compliance Specialist

Routine Form 144 reports proposed resale and recent insider dispositions.

The filing lists a proposed sale of 10,394 Class A shares on 05/21/2026

Recent dispositions by Howard Wenger are reported with transaction dates and gross proceeds; the filing is procedural and documents covered transactions under the securities rules.

Key Figures

Planned sale: 10,394 shares Disposition example: 124,497 shares Proceeds example: $15,497,386.56 +3 more

6 metrics

Planned sale 10,394 shares Restricted Stock Vesting on 05/21/2026

Disposition example 124,497 shares Howard Wenger disposed on 05/21/2026

Proceeds example $15,497,386.56 Gross proceeds for 124,497 shares on 05/21/2026

Earlier disposition 41,024 shares Reported on 04/28/2026 by Howard Wenger

Earlier disposition 39,488 shares Reported on 04/27/2026 by Howard Wenger

Earlier disposition 39,189 shares Reported on 04/24/2026 by Howard Wenger

Key Terms

Form 144, Restricted Stock Vesting, Gross proceeds

3 terms

Form 144 regulatory

"Form 144 notifying proposed sales of Class A shares tied to compensation"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Vesting financial

"05/21/2026 | Restricted Stock Vesting | Issuer | Compensation"

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.

Gross proceeds financial

"124,497 | 15497386.56 (gross proceeds attached to disposition rows)"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

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	10394	1307716.95	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			10394	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

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 does the NXT Form 144 disclose about the planned sale?

The Form 144 discloses a planned sale of 10,394 Class A shares on 05/21/2026 described as Restricted Stock Vesting issued as compensation. The entry identifies the transaction method as tied to vesting rather than an open-market purchase.

Who reported recent Class A dispositions in the filing for NXT?

The filing reports multiple Class A dispositions by Howard Wenger with dates in April and May 2026. The largest listed disposition is 124,497 shares on 05/21/2026 with corresponding gross proceeds shown for each trade.

Does the Form 144 show proceeds for the reported trades?

Yes; each reported disposition includes gross proceeds. Examples include $15,497,386.56 for 124,497 shares on 05/21/2026 and other proceeds listed for April and May 2026 transactions by the same person.

Is the planned sale described as compensation-related on the NXT filing?

Yes; the planned sale of 10,394 Class A shares on 05/21/2026 is described as Restricted Stock Vesting and labeled under the filing as Compensation from the issuer.