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Vanguard disaggregates holdings; Nextpower (NXT) ownership now 0%

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

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.

Positive

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Negative

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Insights

Vanguard disaggregated holdings and reported zero beneficial ownership of NXT common stock.

The amendment explicitly lists 0 shares beneficially owned and 0% of the class; this is tied to an internal realignment effective January 12, 2026 that caused previously aggregated holdings to be reported separately.

Timing and cash‑flow treatment are not discussed in the excerpt; subsequent filings from the listed subsidiaries would show any continuing economic exposure or separate reporting details.






65290E101

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What did The Vanguard Group report for Nextpower Inc. (NXT)?

The Vanguard Group reported 0 shares beneficially owned, representing 0% of Nextpower Inc. common stock. The amendment states this follows an internal realignment effective January 12, 2026, with subsidiaries now reporting holdings separately.

Why does the Schedule 13G/A show zero ownership for NXT?

The filing explains Vanguard completed an internal realignment on January 12, 2026, and certain subsidiaries now report beneficial ownership separately. As a result, The Vanguard Group no longer reports beneficial ownership of those securities on an aggregated basis.

Who signed the amendment and when was it filed?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with a signature date of 03/27/2026. The filing identifies The Vanguard Group as the reporting person.

Does the filing identify which Vanguard subsidiaries hold NXT shares?

The amendment states certain subsidiaries and business divisions will report separately but does not list their names in the provided excerpt. It indicates those units pursue the same investment strategies as before the realignment.

What addresses are shown in the filing for Nextpower and Vanguard?

The filing lists Nextpower Inc.'s principal executive office as 6200 Paseo Padre Pkwy, Fremont, CA, 94555 and The Vanguard Group's address as 100 Vanguard Blvd., Malvern, PA, 19355.
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