NXT: Rule 144 notice to sell 63,470 Class A shares

NXT reporting person Nicholas Miller filed a Rule 144 notice to sell 63,470 Class A shares.

Rhea-AI Filing Summary

NXT reporting person Nicholas Miller filed a Rule 144 notice to sell 63,470 Class A shares. The notice lists an option grant dated 04/06/2022 as the source and indicates a proposed sale date of 05/26/2026. The filing also discloses recent cash sales by Nicholas Miller on 04/24/2026, 04/27/2026, 04/28/2026, 05/20/2026 and 05/22/2026 with per‑trade share counts and gross amounts shown in the excerpt.

Insights

Securities Attorney

Routine Rule 144 resale notice tied to an option grant; recent sales are listed.

The excerpt lists a proposed sale of 63,470 Class A shares with an indicated source of issuance: an option granted 04/06/2022. Rule 144 notices commonly document resale plans by affiliates or holders following applicable holding periods.

Cash sales dated 04/24/2026 through 05/22/2026 are itemized with share counts and dollar figures. Timing and gross amounts are stated in the excerpt; further details about net proceeds, broker arrangements, or transfer restrictions are not shown here.

Equity Capital Markets Analyst

Listed sales are routine disclosures; the filing does not state issuer proceeds or market impact.

The excerpt shows multiple individual cash dispositions by Nicholas Miller (five trades) and a separate notice to sell 63,470 shares on 05/26/2026. The source line references an option grant as the origin of the shares.

Whether these sales affect float or signal material insider liquidity cannot be assessed from this excerpt alone; subsequent filings or trade reports would provide execution details.

Key Figures

Proposed shares to sell: 63,470 shares Option grant date: 04/06/2022 Sale 04/24/2026: 19,606 shares +4 more

7 metrics

Proposed shares to sell 63,470 shares proposed sale date 05/26/2026

Option grant date 04/06/2022 source of shares listed as option granted

Sale 04/24/2026 19,606 shares gross amount $2,377,162.80

Sale 04/27/2026 19,744 shares gross amount $2,375,681.00

Sale 04/28/2026 20,512 shares gross amount $2,375,771.63

Sale 05/20/2026 24,511 shares gross amount $3,120,740.52

Sale 05/22/2026 6,497 shares gross amount $817,417.46

Key Terms

Rule 144, Option Granted, Class A

3 terms

Rule 144 regulatory

"Filed notice to sell 63,470 Class A shares"

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.

Option Granted financial

"Option Granted - 04/06/2022 listed as source"

Class A market

"Class A | Fidelity Brokerage Services LLC ... | 63470"

Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the NXT filing say about Nicholas Miller's planned sale?

The filing states Nicholas Miller filed a Rule 144 notice to sell 63,470 Class A shares, sourced from an option granted on 04/06/2022 with a proposed sale date of 05/26/2026. The entry labels the sale method as Cash.

Which recent sales by Nicholas Miller are disclosed in the excerpt for NXT?

The excerpt lists five cash sales: 04/24/2026 (19,606 shares, $2,377,162.80), 04/27/2026 (19,744 shares, $2,375,681.00), 04/28/2026 (20,512 shares, $2,375,771.63), 05/20/2026 (24,511 shares, $3,120,740.52), and 05/22/2026 (6,497 shares, $817,417.46) as shown in the excerpt.

Does the filing say who receives proceeds from the proposed sale?

The excerpt labels the transactions as Cash and shows the seller as Nicholas Miller, but it does not state explicitly who will receive proceeds beyond the seller designation or any issuer receipt language.

What is the stated source of the shares to be sold in the NXT Rule 144 notice?

The source line in the excerpt indicates the shares derive from an Option Granted - 04/06/2022, and the filing identifies the origin as the Issuer in that row.

Is the proposed sale in the excerpt linked to a broker or clearing firm?

The excerpt shows Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI in the securities line, indicating broker details are included in the filing extract.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 09:40 AM Learn about SEC filing dates

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	0001962163
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Nextpower Inc.
SEC File Number	001-41617
Address of Issuer	6200 PASEO PADRE PARKWAY FREMONT CALIFORNIA 94555
Phone	510-270-2500
Name of Person for Whose Account the Securities are To Be Sold	Miller Nicholas Marco
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	Officer

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	63470	8579239.90	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	05/26/2026	Option Granted - 04/06/2022	Issuer			63470	05/26/2026	Cash

* 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
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/24/2026	19606	2377162.80
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/27/2026	19744	2375681.00
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/28/2026	20512	2375771.63
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/20/2026	24511	3120740.52
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/22/2026	6497	817417.46

144: Remarks and Signature

Remarks
Date of Notice	05/26/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/12/2025
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	/s/ Eric Janiak, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Nicholas Miller
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)