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.
Nextpower Inc. Chief Accounting Officer Bennett David P reported compensation-related stock activity. He received a grant of 95,274 performance stock units (PSUs) that were earned after the Board certified relative total shareholder return results for the 2023–2026 performance period. Each earned PSU entitles him to one share of common stock upon vesting. In connection with the PSU vesting and conversion, 32,666 shares of common stock were sold in a mandated Rule 10b5-1 “sell-to-cover” transaction to satisfy tax withholding obligations, rather than as discretionary market sales. After these transactions, he directly holds 193,575 shares of Nextpower common stock.
Nextpower Inc. Chief Operating Officer Nicholas Marco Miller reported equity compensation and related tax transactions in company stock. He received 57,165 shares of common stock at $0.00 per share from performance stock units earned for a performance period running from April 1, 2023 to March 31, 2026, following the Board’s certification of the rTSR modifier metric.
Each earned performance stock unit converts into one share of common stock when vesting conditions are met. In a separate non‑discretionary sell‑to‑cover transaction mandated by the company’s Rule 10b5‑1 “sell‑to‑cover” policy, 19,606 shares were sold at $121.25 per share to satisfy tax withholding obligations. After these transactions, Miller directly holds 206,613 shares of Nextpower common stock.
Wenger Howard reported acquisition or exercise transactions in this Form 4 filing.
Nextpower Inc. president and director Howard Wenger reported compensation-related stock activity. He received 114,330 shares of common stock at no cost, reflecting earned performance stock units tied to multi-year metrics. To cover associated tax withholding, 39,189 shares were sold automatically under the company’s Rule 10b5-1 “sell-to-cover” policy, which the disclosure states are not discretionary trades. Following these transactions, Wenger directly owns 484,180 shares of Nextpower common stock.
Nextpower Inc. Chief Executive Officer Daniel S. Shugar reported equity compensation changes tied to a performance stock unit (PSU) award. He acquired 214,368 shares of common stock at no cost as additional PSUs earned after the Board certified relative total shareholder return performance for the April 2023–March 2026 period.
To cover tax withholding on the PSU vesting, 73,477 shares were sold in a mandated “sell-to-cover” transaction under a Rule 10b5-1 policy, meaning these were not discretionary market trades. Following these transactions, Shugar holds 887,230 shares directly and 18,104 shares indirectly through a family trust.
NXT insider sale filings reported. The excerpt shows a Form 144 filing listing Class A and Common shares tied to restricted stock vesting and recent dispositions. It records two completed sales by Daniel Shugar: 39,892 shares on 03/04/2026 and 59,456 shares on 03/09/2026, with the amounts shown alongside.
The Vanguard Group amended its Schedule 13G/A to report 0% beneficial ownership of Nextpower Inc. common stock. The filing states that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries and business divisions will report beneficial ownership separately and that The Vanguard Group no longer has beneficial ownership over securities held by those units. The filing lists amount beneficially owned: 0 and includes address details for Nextpower Inc. and The Vanguard Group. The amendment is signed by Ashley Grim on 03/27/2026.