Welcome to our dedicated page for Nextracker SEC filings (Ticker: NXT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Nextpower Inc. filings document public-company reporting for a solar technology business that changed its corporate name from Nextracker Inc. to Nextpower Inc. The record includes Form 8-K disclosures for quarterly operating results, an authorized share repurchase program, an unsecured revolving credit agreement, executive-transition disclosures for the legal and compliance function, and amendments to charter and bylaws reflecting the name change.
Governance filings include the definitive proxy statement and annual meeting vote results for director elections, auditor ratification and executive-compensation matters. The filings also describe Class A common stock voting mechanics, board matters, compensatory disclosures and other formal disclosure subjects tied to Nextpower's capital structure and corporate governance.
Nextracker Form 144 filing discloses proposed sale of 21,917 Class A shares through Fidelity Brokerage Services, with an aggregate market value of $1,254,531.27. The shares were acquired through restricted stock vesting on June 20, 2025, as part of compensation.
The filing reveals recent trading activity by Daniel S. Shugar, who has sold multiple blocks of Class A shares in the past 3 months:
- 108,792 shares on May 28, 2025 ($6,022,072.37)
- 22,174 shares on May 22, 2025 ($1,183,470.73)
- 27,114 shares on April 2, 2025 ($1,168,193.13)
The company currently has 146,263,962 shares outstanding, and the proposed sale is scheduled for June 23, 2025 on the NASDAQ exchange. This Form 144 represents a notice of proposed sale of securities pursuant to Rule 144 under the Securities Act of 1933.
Form 144 Notice filed for Nextracker regarding a proposed sale of securities by an insider. David Bennett plans to sell 10,330 Class A shares with an aggregate market value of $591,290.23 through Fidelity Brokerage Services on NASDAQ, with an approximate sale date of June 23, 2025.
The shares were acquired through restricted stock vesting on June 20, 2025, as part of compensation. The filing reveals significant recent selling activity by Bennett in the past 3 months:
- May 28, 2025: 31,654 shares sold for $1,752,175.52
- May 13, 2025: 9,801 shares sold for $539,055.00
- May 22, 2025: 2,772 shares sold for $147,947.18
- April 2, 2025: 5,637 shares sold for $242,867.33
Total outstanding Class A shares: 146,263,962. This Form 144 represents Bennett's intention to sell additional shares following his recent significant dispositions.
Form 144 Notice of Proposed Sale filed for Nextracker, indicating insider sales of securities. Howard Wenger plans to sell 11,690 Class A shares with an aggregate market value of $669,136.77 through Fidelity Brokerage Services on NASDAQ, with an approximate sale date of June 23, 2025.
The shares were acquired on June 20, 2025, through restricted stock vesting as compensation from the issuer. The total outstanding Class A shares are 146,263,962.
Recent trading activity by Wenger in the past 3 months includes:
- May 28, 2025: 67,205 shares sold for $3,720,065.57
- May 22, 2025: 11,088 shares sold for $591,788.74
- May 15, 2025: 5,703 shares sold for $342,180.00
- May 13, 2025: 6,066 shares sold for $333,630.00
- April 2, 2025: 16,768 shares sold for $722,440.90
Nextracker Form 144 filing details proposed sale of securities by insider Nicholas Miller. The filing indicates planned sale of 5,216 Class A shares with an aggregate market value of $299,294.08 through Fidelity Brokerage Services on NASDAQ, scheduled for June 23, 2025.
The shares were originally acquired on June 21, 2024, through restricted stock vesting as compensation. Recent trading activity by Miller shows substantial dispositions over the past 3 months:
- June 12, 2025: 69,774 shares sold for $4,162,059.09
- May 28, 2025: 36,038 shares sold for $1,994,847.45
- May 22, 2025: 6,929 shares sold for $369,814.59
- April 2, 2025: 6,479 shares sold for $279,144.48
Total outstanding Class A shares: 146,263,962. The seller affirms no knowledge of undisclosed material adverse information regarding the company's operations.
Nextracker has filed a Form 3 (Initial Statement of Beneficial Ownership) announcing the appointment of Monica Karuturi as a Director to the company's board, effective June 17, 2025. The filing discloses that Karuturi currently owns no securities of the company, either directly or indirectly.
Key details from the filing:
- Position: Director (non-executive)
- Business Address: 6200 Paseo Padre Parkway, Fremont, CA 94555
- Filing Type: Individual filing (not joint)
- Beneficial Ownership: No securities owned in any form (derivative or non-derivative)
The Form 3 was signed by Philip Reuther as attorney-in-fact for Monica Karuturi on June 20, 2025, with a Power of Attorney included as Exhibit 24.
Nextracker has filed a Form 3 Initial Statement of Beneficial Ownership for newly appointed Director Mark Menezes on June 28, 2025. The filing discloses beneficial ownership information following Menezes' appointment as a Director on June 17, 2025.
Key details from the filing:
- Menezes currently owns no securities of Nextracker (NXT), either directly or indirectly
- No derivative securities (options, warrants, etc.) are held
- The filing was signed by Philip Reuther as attorney-in-fact for Mark Menezes on June 20, 2025
- Menezes serves as a Director only, with no other reported roles such as officer or 10% owner
This routine filing complies with SEC regulations requiring directors to disclose their beneficial ownership positions within 10 days of becoming an insider.
Director Monica Karuturi of Nextracker reported acquiring 419 restricted stock units (RSUs) on June 17, 2025. The RSUs were granted at a price of $60.75 per unit.
Key details of the transaction:
- The RSUs represent contingent rights to receive an equal number of common stock shares
- Vesting occurs 100% on the last business day before the next annual stockholder meeting
- Vesting is subject to continued service with the company
- Acceleration provisions exist in certain circumstances
This Form 4 filing was submitted on June 28, 2025, with the signature executed by Philip Reuther as attorney-in-fact for Monica Karuturi on June 20, 2025. The shares are held in direct ownership following the transaction.
Nextracker Director Mark Menezes received a grant of 419 restricted stock units (RSUs) on June 17, 2025, with a value of $60.75 per unit. The RSUs represent the right to receive an equivalent number of common stock shares.
Key terms of the RSU grant:
- The RSUs will vest 100% on the last business day before the next annual stockholder meeting
- Vesting is contingent on Menezes' continued service as director
- Acceleration provisions may apply in certain circumstances
- Total value of grant at issue price: approximately $25,454
This Form 4 filing, executed by Philip Reuther as attorney-in-fact on June 20, 2025, represents standard equity compensation for board service, aligning the director's interests with shareholders through direct stock ownership.