Howard Wenger sells 124,497 shares; NXT (NASDAQ: NXT) Form 144 notice

Rhea-AI Filing Summary

Howard Wenger reported proposed sales of Class A shares under a Form 144 notice. The filing lists securities related to a 05/23/2025 Restricted Stock Vesting (compensation) and discloses multiple sales in the preceding three months. Recent dispositions shown include 39,189 shares on 04/24/2026 ($4,751,536.93), 39,488 shares on 04/27/2026 ($4,751,362.01), 41,024 shares on 04/28/2026 ($4,751,543.26), 16,090 shares on 05/20/2026 ($2,048,578.80), 124,497 shares on 05/21/2026 ($15,150,176.88), and 19,445 shares on 05/22/2026 ($2,403,068.97).

Insights

Securities Compliance Expert

Routine Form 144 sale notice by an affiliate listing vested restricted shares and recent dispositions.

The filing lists a Restricted Stock Vesting event dated 05/23/2025 and multiple reported dispositions across 04/24/2026–05/22/2026, each with share counts and gross proceeds. The cash‑flow treatment (who receives proceeds) is not specified in the excerpt.

These disclosures are administrative and required for affiliate sales; subsequent transaction settlement details or Rule 144 availability conditions are not shown in the provided content.

Key Figures

Sale on 04/24/2026: 39,189 shares Sale on 04/27/2026: 39,488 shares Sale on 04/28/2026: 41,024 shares +4 more

7 metrics

Sale on 04/24/2026 39,189 shares gross proceeds <money>$4,751,536.93</money>

Sale on 04/27/2026 39,488 shares gross proceeds <money>$4,751,362.01</money>

Sale on 04/28/2026 41,024 shares gross proceeds <money>$4,751,543.26</money>

Sale on 05/20/2026 16,090 shares gross proceeds <money>$2,048,578.80</money>

Sale on 05/21/2026 124,497 shares gross proceeds <money>$15,150,176.88</money>

Sale on 05/22/2026 19,445 shares gross proceeds <money>$2,403,068.97</money>

Restricted Stock Vesting event dated 05/23/2025 listed as "Restricted Stock Vesting" under Compensation

Key Terms

Form 144, Restricted Stock Vesting, gross proceeds

3 terms

Form 144 regulatory

"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

"05/23/2025 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

"39189 4751536.93 (dollar amounts listed per disposition)"

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.

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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	62670	8471103.90	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	05/23/2025	Restricted Stock Vesting	Issuer			62670	05/23/2025	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	15150176.88
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/22/2026	19445	2403068.97

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 Howard Wenger's Form 144 for NXT show?

It shows proposed sales of Class A shares and a Restricted Stock Vesting dated 05/23/2025. The filing lists specific dispositions with share counts and gross proceeds for dates between 04/24/2026 and 05/22/2026.

How many shares did Wenger sell on 05/21/2026 according to the filing?

The filing lists a sale of 124,497 shares on 05/21/2026 with gross proceeds of $15,150,176.88. This figure appears in the Form 144 "Securities Sold During The Past 3 Months" section.

Does the Form 144 state why the shares were sold?

The excerpt links securities to a Restricted Stock Vesting event dated 05/23/2025 under "Compensation." It does not state a discretionary reason for each sale in the provided content.

Are proceeds recipients or net proceeds disclosed in the excerpt?

The excerpt provides gross proceeds amounts for each disposition (e.g., $4,751,536.93), but it does not state who received the proceeds or any net‑proceeds treatment in the provided text.

Which dates show dispositions in the Form 144 excerpt?

Dispositions shown occurred on 04/24/2026, 04/27/2026, 04/28/2026, 05/20/2026, 05/21/2026, and 05/22/2026, each with corresponding share counts and dollar amounts.