Nextpower Inc. (NXT) president Howard Wenger sells 11,176 shares under 10b5-1 plan
Rhea-AI Filing Summary
Nextpower Inc. director and president Howard Wenger reported a sale of common stock. On 2026-08-11, he sold 11,176 shares of Nextpower common stock at a price of $104.78 per share in a transaction classified as a sale in the open market or a private transaction. Following this transaction, Wenger directly holds 419,868 shares of Nextpower common stock. The filing notes that this sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Wenger on August 18, 2025.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 11,176 shares
Net Sell
1 txn
Insider
Wenger Howard
Role
President
Sold
11,176 shs ($1.17M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 11,176 | $104.78 | $1.17M |
Holdings After Transaction:
Common Stock — 419,868 shares (Direct)
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 August 18, 2025.
Key Figures
Shares sold: 11,176 shares
Sale price per share: $104.78 per share
Shares owned after sale: 419,868 shares
3 metrics
Shares sold
11,176 shares
Common stock sale on 2026-08-11 by Howard Wenger
Sale price per share
$104.78 per share
Price for 11,176 shares of common stock sold
Shares owned after sale
419,868 shares
Direct holdings of Howard Wenger after the transaction
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"Sale in open market or private transaction"
Form 4 regulatory
"The sale reported in this Form 4 was effected pursuant"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Nextpower Inc. (NXT) report for Howard Wenger?
Nextpower Inc. reported that Howard Wenger sold 11,176 shares of common stock on 2026-08-11. The transaction was a reported sale in the open market or a private transaction under a previously adopted Rule 10b5-1 trading plan.
Was the Nextpower (NXT) insider sale made under a Rule 10b5-1 plan?
Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Howard Wenger on August 18, 2025. Such plans pre-arrange trades, which can reduce the informational value of trade timing.
What role does Howard Wenger hold at Nextpower Inc. (NXT)?
Howard Wenger is listed as both a director and an officer of Nextpower Inc., with the officer title of President. His reported transactions therefore reflect activity by a senior executive and board member.
AI-generated analysis. How Rhea-AI works. Not financial advice.