Nextpower (NXT) COO sells 24,511 shares in Rule 10b5-1 trade

Q: Was the Nextpower (NXT) COO’s share sale part of a Rule 10b5-1 plan?

Yes. The Form 4 footnote states the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025, indicating the transaction was pre-scheduled rather than purely discretionary.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Nextpower Inc. Chief Operating Officer Miller Nicholas Marco sold 24,511 shares of Common Stock in an open-market transaction at $127.32 per share. After the sale, he directly holds 221,533 shares. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025.

Insider Trade Summary 10b5-1

Net Seller: 24,511 shares ($3,120,741)

Net Sell 1 txn

Insider Miller Nicholas Marco

Role Chief Operating Officer

Sold 24,511 shs ($3.12M)

Type	Security	Shares	Price	Value
Sale	Common Stock	24,511	$127.32	$3.12M

Holdings After Transaction: Common Stock — 221,533 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 24,511 shares Sale price per share: $127.32 per share Shares held after sale: 221,533 shares +2 more

5 metrics

Shares sold 24,511 shares Open-market sale of Common Stock on May 20, 2026

Sale price per share $127.32 per share Price for the 24,511 shares sold

Shares held after sale 221,533 shares Direct ownership following the reported transaction

Net shares sold 24,511 shares Net buy/sell shares for this Form 4

Sell transactions count 1 transaction Single open-market sale reported

Key Terms

open-market sale, Rule 10b5-1 trading plan, Common Stock, Form 4

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Rule 10b5-1 trading plan regulatory

"effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person"

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.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan"

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.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 08:09 PM

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

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^*

Miller Nicholas Marco

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/20/2026		S⁽¹⁾		24,511⁽¹⁾	D	$127.32	221,533	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	/s/ Philip Reuther, as attorney-in-fact for Nicholas Marco Miller	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Nextpower (NXT) report in this Form 4?

Nextpower reported that its Chief Operating Officer, Miller Nicholas Marco, executed an open-market sale of 24,511 shares of Common Stock at $127.32 per share under a pre-arranged Rule 10b5-1 trading plan.

Who is the insider involved in the latest Nextpower (NXT) Form 4 filing?

The insider is Miller Nicholas Marco, Chief Operating Officer of Nextpower Inc. He reported a single open-market sale of 24,511 shares of Common Stock and now directly holds 221,533 shares after the transaction.

How many Nextpower (NXT) shares did the COO sell and at what price?

The Chief Operating Officer sold 24,511 shares of Nextpower Common Stock in an open-market transaction at a price of $127.32 per share, according to the Form 4 insider transaction report.

How many Nextpower (NXT) shares does the COO hold after the reported sale?

Following the reported open-market sale, Chief Operating Officer Miller Nicholas Marco directly holds 221,533 shares of Nextpower Common Stock, as disclosed in the Form 4 filing’s post-transaction ownership line.

Did the Nextpower (NXT) Form 4 include any option exercises or derivative trades?

No. The filing shows one non-derivative transaction: an open-market sale of Common Stock. The derivativeSummary section is empty, indicating no option exercises or other derivative transactions were reported in this Form 4.