NXT (NASDAQ) Form 144: 6,581 Class A shares proposed for resale by Fidelity

Rhea-AI Filing Summary

Fidelity Brokerage Services LLC submitted a Form 144 notice reporting a proposed sale of 6,581 Class A shares dated 05/22/2026, listed as "Restricted Stock Vesting" and attributable to the issuer.

The filing also lists multiple recent Class A sales by Bruce Ledesma: 26,129 shares on 04/24/2026, 26,326 on 04/27/2026, 27,349 on 04/28/2026, 122,502 on 05/20/2026, and 6,930 on 05/22/2026, each with the reported gross proceeds shown in the excerpt.

Insights

Securities Compliance Analyst

Form 144 reports a proposed resale tied to restricted stock vesting and lists recent affiliate sales.

The notice shows 6,581 Class A shares proposed for resale on 05/22/2026 under a restricted stock vesting entry attributed to the issuer. The filing also provides historical sale entries for Bruce Ledesma with dates, share counts, and gross proceeds.

Cash‑flow treatment and whether the proposed sale cleared or executed are not shown; subsequent transaction confirmations would appear in trade reports or Forms 4/5 if applicable.

Key Figures

Proposed resale: 6,581 shares Sale on 04/24/2026: 26,129 shares Sale on 05/20/2026: 122,502 shares +1 more

4 metrics

Proposed resale 6,581 shares Class A; 05/22/2026; Restricted Stock Vesting

Sale on 04/24/2026 26,129 shares Bruce Ledesma sale; gross proceeds listed

Sale on 05/20/2026 122,502 shares Bruce Ledesma sale; gross proceeds listed

Sale on 05/22/2026 6,930 shares Bruce Ledesma sale; gross proceeds listed

Key Terms

Restricted Stock Vesting, Form 144, Gross proceeds

3 terms

Restricted Stock Vesting regulatory

"Class A | 05/22/2026 | 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.

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.

Gross proceeds financial

"04/24/2026 | 26129 | 3168055.02"

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.

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	6581	851420.17	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	05/22/2026	Restricted Stock Vesting	Issuer			6581	05/22/2026	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

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 filed by Fidelity report?

It reports a proposed resale of 6,581 Class A shares dated 05/22/2026, described as "Restricted Stock Vesting" and attributed to the issuer. The notice lists the specific class, amount, and vesting-related source.

Which recent Class A sales by Bruce Ledesma are listed in the filing?

The filing lists sales of 26,129 shares on 04/24/2026, 26,326 on 04/27/2026, 27,349 on 04/28/2026, 122,502 on 05/20/2026, and 6,930 on 05/22/2026, each with the gross proceeds shown in the excerpt.

Does the Form 144 state who receives the proceeds from the proposed 6,581 shares?

The entry is labeled under "Issuer" and "Restricted Stock Vesting," indicating the shares relate to issuer compensation. The filing does not specify beneficiary cash recipients beyond that label in the provided excerpt.

Does this Form 144 confirm the 6,581 shares were sold?

No. The Form 144 in the excerpt is a notice reporting a proposed resale of 6,581 shares on 05/22/2026. It does not itself confirm execution or settlement of the sale in this excerpt.