[144] Nextracker Inc. SEC Filing

Rhea-AI Filing Summary

Nextracker Inc. (NXT) Form 144 notice discloses a proposed sale of 4,500 Class A shares through Fidelity Brokerage Services (900 Salem Street, Smithfield, RI) with an aggregate market value of $302,445 and an approximate sale date of 09/15/2025. The filer reports total outstanding Class A shares of 147,963,974. The shares were acquired via restricted stock vesting: 3,571 shares vested on 09/19/2023 and 929 shares vested on 08/16/2024, both received as compensation. No securities were sold by the reporting person in the prior three months. The filer includes the required representation that they do not possess undisclosed material adverse information.

Positive

• Filing provides full disclosure of the planned sale, acquisition dates, and that shares were received as compensation, supporting regulatory transparency
• No sales in the prior three months reported, indicating this is not part of frequent insider selling

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider sale disclosed; immaterial relative to outstanding shares but required for regulatory transparency.

The filing reports a planned sale of 4,500 Class A shares, representing a negligible fraction (~0.003%) of the reported 147,963,974 outstanding shares. The reported holdings were acquired through restricted stock vesting and were compensation-related, indicating routine insider liquidity rather than a change in control or material event. No sales in the prior three months suggests this is not part of a recurring large divestiture. For investors, the filing signals compliance with Rule 144 and provides transparency on an insider sale, but the size is not material to company capitalization.

Corporate Governance Expert

TL;DR: Filing meets disclosure requirements; transaction appears routine and non-material.

The notice includes the standard attestation about lack of undisclosed material information and specifies acquisition dates and nature (restricted stock vesting), which supports that the sale stems from compensation vesting schedules. The absence of other sales in the prior three months reduces concerns about coordinated insider exits. From a governance perspective, the form is a routine compliance document that documents insider liquidity while preserving market transparency.

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	4500	302445.00	147963974	09/15/2025	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	09/19/2023	Restricted Stock Vesting	Issuer			3571	09/19/2023	Compensation
Class A	08/16/2024	Restricted Stock Vesting	Issuer			929	08/16/2024	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

Nothing to Report

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 the Form 144 filed for NXT disclose?

The form discloses a proposed sale of 4,500 Class A shares with an aggregate market value of $302,445, to be sold approximately on 09/15/2025 through Fidelity Brokerage Services.

How were the shares acquired according to the filing?

The shares were acquired via restricted stock vesting: 3,571 shares on 09/19/2023 and 929 shares on 08/16/2024, both listed as compensation.

How large is the proposed sale relative to outstanding shares?

The filing reports 147,963,974 Class A shares outstanding; the 4,500-share sale is a negligible fraction of that total.

Did the filer sell other securities in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

Does the filing include the insider attestation about material nonpublic information?

Yes, the filer represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.