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Solar Tech Leader Nextracker Strengthens Board with New Director Appointment

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Nextracker has filed a Form 3 Initial Statement of Beneficial Ownership for newly appointed Director Mark Menezes on June 28, 2025. The filing discloses beneficial ownership information following Menezes' appointment as a Director on June 17, 2025.

Key details from the filing:

  • Menezes currently owns no securities of Nextracker (NXT), either directly or indirectly
  • No derivative securities (options, warrants, etc.) are held
  • The filing was signed by Philip Reuther as attorney-in-fact for Mark Menezes on June 20, 2025
  • Menezes serves as a Director only, with no other reported roles such as officer or 10% owner

This routine filing complies with SEC regulations requiring directors to disclose their beneficial ownership positions within 10 days of becoming an insider.

Positive

  • None.

Negative

  • None.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
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hours per response: 0.5
1. Name and Address of Reporting Person*
Menezes Mark

(Last) (First) (Middle)
C/O NEXTRACKER INC.
6200 PASEO PADRE PARKWAY

(Street)
FREMONT CA 94555

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/17/2025
3. Issuer Name and Ticker or Trading Symbol
Nextracker Inc. [ NXT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit 24 - Power of Attorney No securities are beneficially owned.
No securities are beneficially owned.
/s/ Philip Reuther, as attorney-in-fact for Mark Menezes 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is Mark Menezes at NXT (Nextracker Inc.)?

Mark Menezes is a newly appointed Director at Nextracker Inc. (NXT). This Form 3 filing from June 28, 2025, indicates his initial appointment as a Director of the company, with no beneficial ownership of company securities at the time of the filing.

How many shares of NXT stock does Mark Menezes own?

According to the Form 3 filing dated June 28, 2025, Mark Menezes owns no securities (shares) of Nextracker Inc. (NXT). This is explicitly stated in the filing's remarks section: 'No securities are beneficially owned.'

When did Mark Menezes join NXT's board of directors?

Mark Menezes joined Nextracker Inc.'s (NXT) board of directors on June 17, 2025, as indicated by the 'Date of Event Requiring Statement' in the Form 3 filing.

Does Mark Menezes hold any derivative securities in NXT?

No, according to the Form 3 filing, Mark Menezes does not hold any derivative securities (such as options, warrants, or convertible securities) in Nextracker Inc. (NXT). Table II of the filing, which lists derivative securities, is empty.

What is Mark Menezes' role at NXT?

According to the Form 3 filing, Mark Menezes serves as a Director at Nextracker Inc. (NXT). The filing indicates he is not an officer or 10% owner, but specifically marks his role as Director with an 'X' in the relationship section.