Insider sells 99,348 shares at NXT (NASDAQ: NXT) — Form 144 filing

Rhea-AI Filing Summary

NXT insider sale filings reported. The excerpt shows a Form 144 filing listing Class A and Common shares tied to restricted stock vesting and recent dispositions. It records two completed sales by Daniel Shugar: 39,892 shares on 03/04/2026 and 59,456 shares on 03/09/2026, with the amounts shown alongside.

Insights

Corporate Governance Analyst

Form 144 lists scheduled/resale activity by an affiliate, showing sales in March 2026.

Form 144 is a notice required when affiliates intend to sell restricted or control securities. The excerpt lists restricted stock vesting and specific past sales by Daniel Shugar, which are disclosed rather than explanatory.

Timing and cash‑flow treatment beyond the listed sale dates are not shown; subsequent filings may provide aggregated holdings or additional dispositions.

Equity Markets Specialist

Sales reported include specific share counts and dollar amounts for two March 2026 transactions.

The record lists 39,892 shares sold on 03/04/2026 and 59,456 shares sold on 03/09/2026 with associated dollar figures. These entries document dispositions; they do not state motives or whether trades were pre‑arranged.

Investor impact depends on total holdings and market context, which are not included in the excerpt.

Key Figures

Sale on 03/04/2026: 39,892 shares Proceeds shown (03/04/2026): $4,030,687.68 Sale on 03/09/2026: 59,456 shares +2 more

5 metrics

Sale on 03/04/2026 39,892 shares Common shares sold by Daniel Shugar on 03/04/2026

Proceeds shown (03/04/2026) $4,030,687.68 Amount listed alongside 39,892‑share sale

Sale on 03/09/2026 59,456 shares Common shares sold by Daniel Shugar on 03/09/2026

Proceeds shown (03/09/2026) $6,253,367.39 Amount listed alongside 59,456‑share sale

Restricted Stock Vesting Class A listed Class A securities tied to restricted stock vesting dated 04/23/2026

Key Terms

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

3 terms

Form 144 regulatory

"Form 144 filing listing securities to be sold and past sales"

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 | 04/23/2026 | 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

"Securities Sold During The Past 3 Months | Daniel Shugar | Common"

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	73477	8908843.78	148475843	04/24/2026	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	04/23/2026	Restricted Stock Vesting	Issuer			73477	04/23/2026	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
Daniel Shugar 6200 Paseo Padre Parkway Fremont CA 94555	Common	03/04/2026	39892	4030687.68
Daniel Shugar 6200 Paseo Padre Parkway Fremont CA 94555	Common	03/09/2026	59456	6253367.39

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 NXT's Form 144 filing show about insider transactions?

The filing documents affiliate resale activity and vested restricted stock. It lists two completed sales by Daniel Shugar of 39,892 shares on 03/04/2026 and 59,456 shares on 03/09/2026, with dollar amounts shown alongside those entries.

Who is the reporting person in the Form 144 excerpt for NXT?

The excerpt identifies Daniel Shugar as the reporting person tied to the listed sales. His address and two sale dates—03/04/2026 and 03/09/2026—appear next to the share counts and dollar figures.

Does the excerpt say why the shares were sold?

No causal reason is provided in the excerpt. It lists a settlement type of Restricted Stock Vesting for Class A shares and shows past sale entries for Common shares without stating motive or plan details.

Are the dollar amounts for the sales included in the Form 144 excerpt?

Yes. The two listed sales by Daniel Shugar include dollar figures adjacent to the share counts: $4,030,687.68 for 39,892 shares and $6,253,367.39 for 59,456 shares as shown in the excerpt.