Nextpower (NXT) COO receives 15,262 RSUs vesting through 2029

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Vinje Robert reported acquisition or exercise transactions in this Form 4 filing.

Nextpower Inc. reported that Chief Operating Officer Robert Vinje received a grant of 15,262 restricted stock units (RSUs) on June 15, 2026. Each RSU represents a right to receive one share of common stock at no purchase price.

The RSUs vest 30% on May 18, 2027, 30% on May 18, 2028, and 40% on May 18, 2029, if he continues serving the company, with potential acceleration in certain situations. Following this award, his reported direct holdings from this grant total 15,262 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vinje Robert

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15,262	$0.00	--

Holdings After Transaction: Common Stock — 15,262 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 15,262 units Grant price: $0.00 per share First vesting tranche: 30% of RSUs +3 more

6 metrics

RSUs granted 15,262 units Restricted stock units granted on June 15, 2026

Grant price $0.00 per share Compensation award, not open-market purchase

First vesting tranche 30% of RSUs Vesting on May 18, 2027

Second vesting tranche 30% of RSUs Vesting on May 18, 2028

Final vesting tranche 40% of RSUs Vesting on May 18, 2029

Holdings after transaction 15,262 shares/units Total reported direct holdings following grant

Key Terms

restricted stock units, RSUs, contingent right, vest

4 terms

restricted stock units financial

"Reflects an award of restricted stock units ("RSUs") granted to the Reporting Person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Each RSU represents a contingent right to receive one share of the Issuer's common stock."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

contingent right financial

"Each RSU represents a contingent right to receive one share of the Issuer's common stock."

vest financial

"The RSUs vest 30% on May 18, 2027, 30% on May 18, 2028, and 40% on May 18, 2029"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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Form 4 Insider Transactions: What Each Field Means →

06/16/2026 - 05:12 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vinje Robert

(Last)

(First)

(Middle)

C/O NEXTPOWER INC.

6200 PASEO PADRE PARKWAY

(Street)

FREMONT

CALIFORNIA

94555

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Nextpower Inc. [ NXT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/15/2026		A⁽¹⁾		15,262	A	$0	15,262	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects an award of restricted stock units ("RSUs") granted to the Reporting Person on June 15, 2026. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 30% on May 18, 2027, 30% on May 18, 2028, and 40% on May 18, 2029, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances.

	/s/ Philip Reuther, as attorney-in-fact for Robert Vinje	06/16/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Nextpower (NXT) report for COO Robert Vinje?

Nextpower reported that COO Robert Vinje received 15,262 restricted stock units as equity compensation. The RSUs were granted on June 15, 2026, and convert into common stock over several future vesting dates if his service with the company continues.

How many RSUs did Nextpower (NXT) grant to its COO in June 2026?

Nextpower granted 15,262 restricted stock units to its Chief Operating Officer. Each RSU represents a contingent right to receive one share of common stock, providing equity-based compensation that aligns the executive’s interests with shareholders over a multi‑year vesting period tied to continued service.

What is the vesting schedule for the 15,262 RSUs at Nextpower (NXT)?

The 15,262 RSUs vest in three tranches over time. Thirty percent vest on May 18, 2027, another 30% on May 18, 2028, and the remaining 40% on May 18, 2029, subject to the COO’s continued service and possible acceleration in certain circumstances.

Does the Nextpower (NXT) COO pay for the RSUs he received?

The reported RSU grant carries a per‑share transaction price of $0.00. This indicates the award is part of compensation, not an open‑market purchase, and shares will be delivered as they vest according to the schedule, assuming continued service conditions are met.

How many Nextpower (NXT) shares does the COO hold after this RSU award?

After the reported RSU grant, the filing shows the COO with 15,262 shares or units related to this award. These represent direct beneficial ownership tied to the RSUs, which convert into common stock over several years as vesting conditions are satisfied.