Rule 144 notice: NXT (NASDAQ: NXT) 39,488 Class A shares via vesting

Rhea-AI Filing Summary

NXT filing shows a proposed transfer of 39,488 Class A shares under a Rule 144 notice tied to restricted stock vesting on 04/24/2026. The excerpt also records a prior sale of 39,189 Class A shares on 04/24/2026 for $4,751,536.93, and lists a figure 148,475,843 (appearing with the 04/27/2026 cover data).

Insights

SEC Filings Specialist

Rule 144 notice for vested restricted shares; routine disclosure.

The filing records a planned transfer of 39,488 Class A shares associated with restricted stock vesting dated 04/24/2026. It also lists a same-date prior sale of 39,189 shares with an aggregate amount of $4,751,536.93.

Cash‑flow treatment and intended distribution methods are not shown in the excerpt; subsequent filings or a broker confirmation would state whether these shares will be sold or transferred.

Key Figures

Shares reported for proposed transfer: 39,488 shares Recent shares sold: 39,189 shares Aggregate amount from recent sale: $4,751,536.93 +2 more

5 metrics

Shares reported for proposed transfer 39,488 shares Class A; Restricted Stock Vesting on 04/24/2026

Recent shares sold 39,189 shares Listed under "Securities Sold During The Past 3 Months" on 04/24/2026

Aggregate amount from recent sale $4,751,536.93 Aggregate value associated with the 39,189 shares sold on 04/24/2026

Document cover figure 148,475,843 Figure appearing in cover data with date 04/27/2026

Filing/copy date 04/27/2026 Cover data date listed with securities information

Key Terms

Restricted Stock Vesting, Rule 144, Securities Sold During The Past 3 Months

3 terms

Restricted Stock Vesting regulatory

"Class A | 04/24/2026 | 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.

Rule 144 regulatory

"Filer Information | Securities To Be Sold | Class A ... (implicit Rule 144 notice)"

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.

Securities Sold During The Past 3 Months regulatory

"Howard Wenger ... | Class A | 04/24/2026 | 39189"

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	39488	4751362.01	148475843	04/27/2026	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	04/24/2026	Restricted Stock Vesting	Issuer			39488	04/24/2026	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

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 entry report?

It reports a proposed transfer of 39,488 Class A shares under Rule 144 tied to restricted stock vesting on 04/24/2026. The excerpt also shows a same‑date sale of 39,189 shares with an aggregate amount of $4,751,536.93.

Who sold shares recently according to the excerpt for NXT?

The excerpt lists Howard Wenger as selling 39,189 Class A shares on 04/24/2026 with an aggregate value of $4,751,536.93. The filing records that sale under the "Securities Sold During The Past 3 Months" section.

What is the meaning of "Restricted Stock Vesting" in this filing?

It indicates the shares becoming transferable were issued as restricted stock and vested on 04/24/2026. The entry ties the reported 39,488 Class A shares to compensation-based vesting rather than an open-market purchase or issuance.

Does the excerpt state how the shares will be sold or proceeds used?

No. The excerpt lists the number of shares and the vesting/sale entries but does not specify distribution methods or use of proceeds. Details about sale method or proceeds recipient are not contained in the provided text.