Director Watkins sells 5,000 Nextpower (NXT) shares at $118.57

Rhea-AI Filing Summary

Nextpower Inc. director William D. Watkins reported selling 5,000 shares of common stock on January 30, 2026 in an open market transaction coded "S". The shares were sold at a price of $118.57 per share. After this transaction, he directly beneficially owns 11,777 Nextpower common shares.

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

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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^*

WATKINS WILLIAM D

(Last) (First) (Middle)

C/O NEXTPOWER INC.

6200 PASEO PADRE PARKWAY

(Street)

FREMONT CA 94555

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. 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 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/30/2026		S		5,000	D	$118.57	11,777	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Philip Reuther, as attorney-in-fact for William D. Watkins	02/02/2026
	** 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.

FAQ

What insider transaction did William D. Watkins report at Nextpower (NXT)?

William D. Watkins reported selling 5,000 shares of Nextpower common stock. The sale occurred on January 30, 2026, as an open market transaction coded “S,” and left him with 11,777 shares directly beneficially owned after the transaction, according to the filing.

At what price did William D. Watkins sell his Nextpower (NXT) shares?

The reported sale price was $118.57 per share for the 5,000 Nextpower shares. This price reflects the per-share consideration in the open market transaction coded “S,” as disclosed in Table I for non-derivative securities in the insider ownership report.

How many Nextpower (NXT) shares does William D. Watkins own after the reported sale?

After the sale, William D. Watkins beneficially owns 11,777 Nextpower common shares. The filing indicates these remaining holdings are directly owned, classified under ownership form “D,” following the reported 5,000-share disposition on January 30, 2026.

What type of security did William D. Watkins trade in the Nextpower (NXT) insider filing?

The transaction involved Nextpower common stock, reported as a non-derivative security. The filing’s Table I shows the sale of 5,000 shares of common stock, with no derivative securities transactions reported in Table II for this particular Form 4 filing.

What is William D. Watkins’ relationship to Nextpower (NXT) in this insider report?

The insider report identifies William D. Watkins as a director of Nextpower Inc. He is not listed as an officer or 10% owner in the relationship section, and the Form 4 is filed for him as a single reporting person.

Was William D. Watkins’ ownership in Nextpower (NXT) direct or indirect after the sale?

His ownership is reported as direct following the transaction. The Form 4 classifies the 11,777 shares beneficially owned after the sale under ownership form “D,” and there is no listed nature of indirect beneficial ownership for this position.