Insider disposals of Class A shares reported for NXT (NXT) — multiple sales

Rhea-AI Filing Summary

Company disclosure shows insider sales reported on a Form 144. The filing lists multiple dispositions of Class A shares by a reporting person at an address in Fremont, CA, with sales occurring between 04/24/2026 and 05/22/2026

The excerpt also lists a Restricted Stock Vesting event dated 05/21/2026 and a broker entry for Fidelity Brokerage Services LLC. The filing records share counts and aggregate dollar values for each reported sale.

Insights

Securities Compliance Counsel

Form 144 reports routine insider dispositions and a vesting event.

The filing lists multiple open-market or reported dispositions of Class A shares by the reporting person, with dates and aggregate dollar amounts provided for each sale. The entry for Restricted Stock Vesting dated 05/21/2026 appears as an issuer-related compensation event.

Timing and method details beyond the dates and dollar amounts are not included in the excerpt; subsequent filings or broker confirmations would disclose execution mechanics and whether sales were Rule 144-eligible at the time.

Key Figures

Sale on 05/20/2026: 122,502 shares Proceeds on 05/20/2026: $15,340,802.96 Sale on 04/24/2026: 26,129 shares +4 more

7 metrics

Sale on 05/20/2026 122,502 shares <date>05/20/2026</date> reported disposition

Proceeds on 05/20/2026 $15,340,802.96 Aggregate dollar value reported for the 122,502-share sale

Sale on 04/24/2026 26,129 shares <date>04/24/2026</date> reported disposition

Proceeds on 04/24/2026 $3,168,055.02 Aggregate dollar value reported for the 26,129-share sale

Restricted stock vesting 3,248 shares Listed as <b>Restricted Stock Vesting</b> dated <date>05/21/2026</date>

Sale on 05/22/2026 6,930 shares <date>05/22/2026</date> reported disposition

Proceeds on 05/22/2026 $871,895.18 Aggregate dollar value reported for the 6,930-share sale

Key Terms

Form 144, Restricted Stock Vesting, Fidelity Brokerage Services LLC

3 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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

"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.

Fidelity Brokerage Services LLC market

"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"

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

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	3248	437570.56	150274472	05/26/2026	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			3248	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
Bruce Ledesma 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/24/2026	26129	3168055.02
Bruce Ledesma 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/27/2026	26326	3167654.89
Bruce Ledesma 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/28/2026	27349	3167656.90
Bruce Ledesma 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/20/2026	122502	15340802.96
Bruce Ledesma 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/22/2026	6930	871895.18

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 does the NXT Form 144 report show?

It reports multiple reported sales of Class A shares on specific dates between 04/24/2026 and 05/22/2026. The filing lists share counts and aggregate dollar amounts for each disposition, plus a Restricted Stock Vesting entry on 05/21/2026.

Who is the reporting person on the NXT Form 144?

The excerpt lists a reporting person at 6200 Paseo Padre Parkway, Fremont, CA. The filing also names Fidelity Brokerage Services LLC as a broker entry; the reporting person performed the reported dispositions.

How many shares were sold in the largest reported transaction?

The largest single disposition shown is 122,502 shares on 05/20/2026, with an aggregate dollar value of $15,340,802.96. Each sale row in the excerpt pairs a share count with its aggregate proceeds.

Does this Form 144 show proceeds going to the issuer?

The excerpt lists reported aggregate dollar values per sale but does not state who received proceeds. The rows label the transactions and dollar amounts; cash‑flow treatment is not specified in the provided excerpt.