NXT files Rule 144 notice showing Class A share sales

NXT reports a Rule 144 notice for planned sales of Class A shares.

Rhea-AI Filing Summary

NXT reports a Rule 144 notice for planned sales of Class A shares. The filing lists 6,930 Class A shares tied to a Restricted Stock Vesting event dated 05/21/2026, and shows multiple Class A sales in April–May 2026 (examples include 26,129, 26,326, 27,349, 122,502 shares on 04/24/2026, 04/27/2026, 04/28/2026, and 05/20/2026 respectively).

Insights

Securities Compliance Analyst

Routine Rule 144 sales and a restricted‑stock vesting are disclosed; no material company change is indicated.

The filing lists a Restricted Stock Vesting event for 6,930 Class A shares dated 05/21/2026 and multiple reported sales during April–May 2026, with examples of 26,129, 26,326, 27,349, and 122,502 shares.

These entries are procedural disclosures under Rule 144. Cash‑flow treatment and the identities of all sellers beyond the named reporting address are not detailed in the excerpt; subsequent filings or broker notices would show complete transaction settlement and beneficial‑ownership effects.

Key Figures

Restricted stock vesting: 6,930 shares Sale on 04/24/2026: 26,129 shares Sale on 04/27/2026: 26,326 shares +2 more

5 metrics

Restricted stock vesting 6,930 shares dated 05/21/2026

Sale on 04/24/2026 26,129 shares reported sale on 04/24/2026

Sale on 04/27/2026 26,326 shares reported sale on 04/27/2026

Sale on 04/28/2026 27,349 shares reported sale on 04/28/2026

Sale on 05/20/2026 122,502 shares reported sale on 05/20/2026

Key Terms

Rule 144, Restricted Stock Vesting, Form 144

3 terms

Rule 144 regulatory

"Filing type shows Rule 144 notice for securities sales"

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.

Restricted Stock Vesting financial

"Class A | 05/21/2026 | 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.

Form 144 regulatory

"Form type appears as 144 at top of excerpt"

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.

FAQ

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

What does NXT’s Form 144 filing mean?

Form 144 notifies the SEC of planned or recent sales under Rule 144. This filing lists a 6,930 restricted‑stock vesting and multiple Class A sales in April–May 2026, serving as a disclosure of intended or recent dispositions by persons associated with the issuer.

How many shares are shown as vesting in the NXT filing?

The excerpt shows a Restricted Stock Vesting entry for 6,930 Class A shares dated 05/21/2026. That figure is reported in the filing as the securities to be sold tied to the vesting event.

Does the filing list recent sales of NXT Class A shares?

Yes. The filing records multiple Class A sales during April–May 2026 with example amounts of 26,129, 26,326, 27,349, and 122,502 shares on listed dates. These are reported sales entries in the filing excerpt.

Who receives proceeds from the shares reported in NXT’s Form 144?

The excerpt does not assign proceeds explicitly. The filing lists a reporting name and address and shows sales figures, but it does not state whether proceeds go to the issuer or selling holders in the provided text.

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

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Accepted by SEC EDGAR 05/22/2026 - 03:20 PM 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	0001209945
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	LEDESMA BRUCE
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	6930	871895.18	150274472	05/22/2026	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	05/21/2026	Restricted Stock Vesting	Issuer			6930	05/21/2026	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

144: Remarks and Signature

Remarks	Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution.
Date of Notice	05/22/2026
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/ Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Bruce Ledesma
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)