STOCK TITAN

Nextpower (NXT) CFO sells 4,500 shares under Rule 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nextpower Inc. Chief Financial Officer Charles D. Boynton reported an open-market sale of 4,500 shares of common stock at a price of $151.79 per share. After this transaction, he directly holds 358,500 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025, indicating it was scheduled in advance.

Positive

  • None.

Negative

  • None.
Insider BOYNTON CHARLES D
Role Chief Financial Officer
Sold 4,500 shs ($683K)
Type Security Shares Price Value
Sale Common Stock 4,500 $151.79 $683K
Holdings After Transaction: Common Stock — 358,500 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 4,500 shares Open-market sale of common stock
Sale price per share $151.79 per share Transaction price for the reported sale
Shares held after transaction 358,500 shares Direct holdings following the sale
Trading plan adoption date June 13, 2025 Date CFO adopted Rule 10b5-1 plan
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan"
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 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.
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.
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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).
X
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*
BOYNTON CHARLES D

(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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Stock06/01/2026S(1)4,500(1)D$151.79358,500D
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. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.
/s/ Philip Reuther, as attorney-in-fact for Charles Boynton06/02/2026
** 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)

FAQ

What insider transaction did Nextpower (NXT) report for its CFO?

Nextpower reported that CFO Charles D. Boynton sold 4,500 shares of common stock in an open-market transaction at $151.79 per share. This sale was disclosed on Form 4 and reflects a routine insider trading report for regulatory transparency.

At what price did the Nextpower (NXT) CFO sell his shares?

The CFO’s open-market sale of Nextpower common stock was executed at $151.79 per share. This reported transaction price comes directly from the Form 4 filing and is the official reference point for the disclosed trade.

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

Following the reported sale, CFO Charles D. Boynton directly holds 358,500 shares of Nextpower common stock. This post-transaction holding figure is explicitly stated in the Form 4 and shows his remaining equity position after the trade.

Was the Nextpower (NXT) CFO’s stock sale made under a Rule 10b5-1 plan?

Yes. The Form 4 footnote states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on June 13, 2025. Such plans allow insiders to pre-schedule trades, reducing the importance of short-term timing signals.

What type of transaction did the Nextpower (NXT) CFO report on Form 4?

The filing reports an open-market sale of common stock, coded as an “S” transaction. This code indicates a sale in the market or a private transaction, distinguishing it from option exercises, gifts, or tax-withholding related share movements.

Does the Form 4 show any derivative securities for Nextpower (NXT) CFO?

The provided Form 4 data shows no derivative transactions or remaining derivative positions for the CFO. The derivative summary is empty, indicating only common stock was reported in this particular filing, without options or other derivative exercises.