[144] Nextracker Inc. SEC Filing

Rhea-AI Filing Summary

Nextracker Form 144 filing details proposed sale of securities by insider Nicholas Miller. The filing indicates planned sale of 5,216 Class A shares with an aggregate market value of $299,294.08 through Fidelity Brokerage Services on NASDAQ, scheduled for June 23, 2025.

The shares were originally acquired on June 21, 2024, through restricted stock vesting as compensation. Recent trading activity by Miller shows substantial dispositions over the past 3 months:

• June 12, 2025: 69,774 shares sold for $4,162,059.09
• May 28, 2025: 36,038 shares sold for $1,994,847.45
• May 22, 2025: 6,929 shares sold for $369,814.59
• April 2, 2025: 6,479 shares sold for $279,144.48

Total outstanding Class A shares: 146,263,962. The seller affirms no knowledge of undisclosed material adverse information regarding the company's operations.

Positive

• None.

Negative

• Insider Nicholas Miller has sold a significant total of 119,220 Class A shares over the past 3 months for approximately $6.8M, with increasing sale volumes (from 6,479 shares in April to 69,774 shares in June 2025)
• The current proposed sale of 5,216 shares comes shortly after larger recent dispositions, indicating a consistent selling pattern from the insider

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	5216	299294.08	146263962	06/23/2025	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			5216	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
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	04/02/2025	6479	279144.48
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/22/2025	6929	369814.59
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	05/28/2025	36038	1994847.45
Nicholas Miller 6200 Paseo Padre Parkway Fremont CA 94555	Class A	06/12/2025	69774	4162059.09

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

How many NXT shares are being sold by the insider according to the June 2025 Form 144?

According to the Form 144 filing, the insider plans to sell 5,216 shares of Nextracker Inc. (NXT) Class A common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $299,294.08.

What is the total value of NXT shares sold by Nicholas Miller in the past 3 months before June 2025?

In the 3 months prior to the filing, Nicholas Miller sold a total of 119,220 shares of NXT Class A stock across four transactions, generating total gross proceeds of $6,805,865.61. The sales occurred on April 2, May 22, May 28, and June 12, 2025.

How did the insider originally acquire the NXT shares being sold?

The 5,216 shares were acquired on June 21, 2024, through Restricted Stock Vesting as part of compensation from the issuer (Nextracker Inc.).

What is the total number of NXT shares outstanding as of June 2025?

According to the Form 144 filing, Nextracker Inc. (NXT) has 146,263,962 shares outstanding as of June 2025.

When is the approximate date of sale for the NXT shares listed in this Form 144?

The Form 144 indicates that the approximate date of sale for the 5,216 shares is June 23, 2025, to be executed through the NASDAQ exchange.