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Nextpower Inc. (NXT) awards 13,898 RSUs to Chief Legal & Compliance Officer

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  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.
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
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.

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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.

Did Wiedmann Lindsey Roon purchase Nextpower (NXT) shares on the open market in this filing?

No, the Form 4 reports a grant of restricted stock units, not an open-market purchase or sale. The RSUs were awarded at a stated price of $0.0000 per share as part of compensation, with settlement in shares occurring upon vesting.

How many Nextpower (NXT) shares does Wiedmann Lindsey Roon hold after the reported RSU award?

After the reported award, Wiedmann Lindsey Roon is shown holding 13,898 shares of common stock on a direct basis. This reflects the RSU grant reported, with actual share delivery tied to the vesting schedule over 2027, 2028, and 2029.
SEC Form 4
FORM 4UNITED 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*
Wiedmann Lindsey Roon

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal & Compliance Off.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/20/2026A(1)13,898A$013,898D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Philip Reuther, as attorney-in-fact for Lindsey Wiedmann07/20/2026
** Signature of Reporting PersonDate
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)