Nextpower COO sells 22,427 shares at $156
Nextpower Inc. Chief Operating Officer Nicholas Marco Miller sold 22,427 shares of Common Stock in an open-market transaction on May 29, 2026 at $156.00 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Nextpower Inc. Chief Operating Officer Nicholas Marco Miller sold 22,427 shares of Common Stock in an open-market transaction on May 29, 2026 at $156.00 per share. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025. Following this transaction, he directly holds 186,194 shares of Nextpower Inc. common stock.
Insights
COO executes pre-planned stock sale, retains substantial stake.
Chief Operating Officer Nicholas Marco Miller completed an open-market sale of 22,427 shares of Nextpower Inc. Common Stock at $156.00 per share on May 29, 2026. This is a discretionary sale rather than option exercise or tax withholding.
The filing shows he continues to own 186,194 shares directly after the trade, indicating a sizable remaining position. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted on December 12, 2025, suggesting the timing was pre-scheduled rather than opportunistic.
Because the transaction is both pre-planned and leaves a large ongoing holding, it typically carries limited informational value about management’s view of the company. Future Form 4 filings will provide additional visibility into any ongoing activity under this 10b5-1 plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 22,427 | $156.00 | $3.50M |
Footnotes (1)
- F1. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nextpower Inc. (NXT) report for its COO?
Was the Nextpower Inc. (NXT) COO’s stock sale made under a Rule 10b5-1 plan?
Does the Form 4 suggest the Nextpower Inc. (NXT) COO is exiting his position?
AI-generated analysis. How Rhea-AI works. Not financial advice.