[144] Nextracker Inc. SEC Filing

Rhea-AI Filing Summary

Nextracker Inc. (NXT) Form 144 notice shows an intended sale of 5,217 Class A shares via Fidelity Brokerage with an aggregate market value of $391,275 and an approximate sale date of 09/29/2025. The filer acquired these shares by restricted stock vesting on 06/21/2024 and received them as compensation. The filing also discloses two recent sales by the same person in the past three months: 5,216 shares on 07/03/2025 for $339,040 and 5,703 shares on 08/19/2025 for $399,210. The filing includes a representation that the seller is not aware of undisclosed material adverse information.

Positive

• Clear compliance with Rule 144 disclosure requirements including acquisition details and broker information
• Seller attestation that no undisclosed material adverse information is known

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine officer/director sale under Rule 144 from vested restricted stock; modest size relative to total outstanding shares.

The notice documents a planned sale of 5,217 Class A shares acquired through restricted stock vesting and designated as compensation. The aggregate value of the intended sale is $391,275 against 147,963,974 shares outstanding, indicating the transaction is immaterial to company capitalization. Two prior small sales in the past three months are disclosed, showing ongoing personal liquidity events rather than corporate financing or structural change. No disclosure in this filing suggests material operational developments.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 and includes required seller representation; no governance red flags in this filing alone.

The form properly identifies acquisition by restricted stock vesting and lists broker, amounts, and prior recent sales, satisfying standard insider-sale reporting. The seller attests to absence of material nonpublic information. This is a routine insider liquidity event; the filing contains no signals of unusual timing, structured trading plans, or additional governance issues based solely on the provided information.

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	5217	391275.00	147963974	09/29/2025	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	06/21/2024	Restricted Stock Vesting	Issuer			5217	06/21/2024	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	07/03/2025	5216	339040.00
Howard Wenger 6200 Paseo Padre Parkway Fremont CA 94555	Class A	08/19/2025	5703	399210.00

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 Form 144 disclose about the planned sale?

The filing discloses an intended sale of 5,217 Class A shares via Fidelity with an aggregate market value of $391,275 and an approximate sale date of 09/29/2025.

How were the shares to be sold acquired according to the filing?

The shares were acquired by restricted stock vesting on 06/21/2024 and the payment nature is listed as compensation.

Have any shares been sold by the same person recently?

Yes. The filing reports two sales in the past three months: 5,216 shares on 07/03/2025 for $339,040 and 5,703 shares on 08/19/2025 for $399,210.

What broker is handling the proposed sale?

The broker listed is Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI 02917.

How material is the proposed sale relative to outstanding shares?

The proposed sale of 5,217 shares is small relative to the reported 147,963,974 shares outstanding, indicating immaterial impact on capitalization.