Nextpower Inc. (NXT) awards 13,898 RSUs to Chief Legal & Compliance Officer
Rhea-AI Filing Summary
Wiedmann Lindsey Roon reported acquisition or exercise transactions in this Form 4 filing.
Nextpower Inc. reported an equity award to Chief Legal & Compliance Officer Wiedmann Lindsey Roon. The officer received 13,898 restricted stock units on July 20, 2026, each representing one share of common stock. The RSUs vest 30% on May 19, 2027, 30% on May 19, 2028, and 40% on May 19, 2029, subject to continued service and possible acceleration in certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,898 shares
Net Buy
1 txn
Insider
Wiedmann Lindsey Roon
Role
Chief Legal & Compliance Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 13,898 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,898 shares (Direct)
Footnotes (1)
- F1. Reflects an award of restricted stock units ("RSUs") granted to the Reporting Person on July 20, 2026. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 30% on May 19, 2027, 30% on May 19, 2028, and 40% on May 19, 2029, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances.
Key Figures
RSUs granted: 13,898 units
Shares owned after grant: 13,898 shares
First vesting tranche: 30%
+2 more
5 metrics
RSUs granted
13,898 units
Restricted stock units granted on July 20, 2026
Shares owned after grant
13,898 shares
Common stock equivalent following the reported award
First vesting tranche
30%
Vests on May 19, 2027, subject to continued service
Second vesting tranche
30%
Vests on May 19, 2028, subject to continued service
Final vesting tranche
40%
Vests on May 19, 2029, subject to continued service
Key Terms
restricted stock units, contingent right, vesting date, acceleration
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's"
vesting date financial
"subject to the Reporting Person's continued service to the Issuer through the relevant vesting date"
acceleration financial
"through the relevant vesting date and acceleration in certain circumstances."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did Nextpower (NXT) disclose for Wiedmann Lindsey Roon?
Nextpower reported that Chief Legal & Compliance Officer Wiedmann Lindsey Roon received 13,898 restricted stock units (RSUs) on July 20, 2026. Each RSU is a contingent right to one share of common stock, granted as part of the executive’s equity compensation package.
How do the 13,898 RSUs granted by Nextpower (NXT) vest over time?
The 13,898 RSUs vest in three tranches: 30% on May 19, 2027, 30% on May 19, 2028, and 40% on May 19, 2029. Vesting is conditioned on the executive’s continued service and may accelerate in certain circumstances.
What does each RSU in the Nextpower (NXT) grant to Wiedmann Lindsey Roon represent?
Each RSU granted to Wiedmann Lindsey Roon represents a contingent right to receive one share of Nextpower’s common stock. Shares are delivered as the RSUs vest over time, subject to continued service and any applicable acceleration provisions.