Insider sells 119,701 Class A shares at NXT (NXT)

Rhea-AI Filing Summary

NXT filing a Form 144 notifies of planned sales of Class A shares under Rule 144 and reports recent open-market dispositions by a named holder. The filing lists restricted stock vesting of 16,090 shares on 04/01/2025 attributed to compensation. It also records three reported sales by Howard Wenger: 39,189 shares on 04/24/2026, 39,488 shares on 04/27/2026, and 41,024 shares on 04/28/2026, with dollar values shown in the excerpt. The excerpt includes a numeric line showing 150,274,472 (appears with an adjacent 05/20/2026) which is presented as a context figure in the filing text.

Insights

Securities Compliance Analyst

Form 144 notices planned sales and records recent dispositions by a holder.

The filing lists a 16,090-share restricted stock vesting on 04/01/2025 described as compensation, and reports three share dispositions by Howard Wenger on 04/24/2026, 04/27/2026, and 04/28/2026 for 39,189, 39,488, and 41,024 shares respectively. The excerpt shows dollar amounts for those sales and a separate numeric line 150,274,472 dated 05/20/2026 that appears as a context figure.

Rule 144 notices are administrative disclosures of intended or recent sales by affiliates; the filing itself does not state proceeds treatment beyond the per-sale dollar figures shown. Subsequent SEC or broker confirmations would provide definitive settlement details.

Key Figures

Restricted stock vesting: 16,090 shares Sale on 04/24/2026: 39,189 shares Sale on 04/27/2026: 39,488 shares +2 more

5 metrics

Restricted stock vesting 16,090 shares 04/01/2025, listed under Securities To Be Sold as compensation

Sale on 04/24/2026 39,189 shares Disposition by Howard Wenger on 04/24/2026

Sale on 04/27/2026 39,488 shares Disposition by Howard Wenger on 04/27/2026

Sale on 04/28/2026 41,024 shares Disposition by Howard Wenger on 04/28/2026

Context numeric line 150,274,472 Appears adjacent to <date>05/20/2026</date> in the excerpt

Key Terms

Form 144, Restricted Stock Vesting, Rule 144

3 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

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 | 04/01/2025 | 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.

Rule 144 regulatory

"144: Securities To Be Sold"

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.

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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	16090	2048578.80	150274472	05/20/2026	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	04/01/2025	Restricted Stock Vesting	Issuer			16090	04/01/2025	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

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 NXT's Form 144 disclose about recent insider sales?

It reports three dispositions by Howard Wenger totaling 119,701 shares across 04/24/2026, 04/27/2026, and 04/28/2026. The filing shows per‑sale dollar amounts adjacent to each trade in the excerpt.

Does the Form 144 show any newly issuable or vested shares for NXT?

Yes. The filing lists 16,090 shares of Class A as Restricted Stock Vesting on 04/01/2025 attributed to compensation. The entry is presented under the securities-to-be-sold section.

What is the meaning of the 150,274,472 figure in the excerpt?

The excerpt pairs 150,274,472 with 05/20/2026

Who is listed as the selling holder in the Form 144 excerpt for NXT?

The filing names Howard Wenger with an address and lists three Class A share dispositions on 04/24/2026, 04/27/2026, and 04/28/2026 showing share counts and dollar amounts in the excerpt.