Bennett David P 4
4 · Nextracker Inc. · Filed Apr 3, 2025
Insider Transaction Report
Form 4
Bennett David P
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2025-04-01+15,476→ 140,053 total - Other
Common Stock
2025-04-02$43.09/sh−5,637$242,898→ 134,416 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−0→ 0 total→ Common Stock (0 underlying)
Footnotes (2)
- [F1]Reflects the vesting and conversion of restricted stock units ("RSUs"), which were previously granted to the Reporting Person on April 6, 2022, into shares of the Issuer's common stock, on a one-for-one basis.
- [F2]Reflects the number of shares required to be sold pursuant to a "sell-to-cover" transaction in order to satisfy the tax withholding obligations in connection with the vesting and conversion of RSUs. These sales are mandated by the Issuer's "sell-to-cover" policy adopted by the Issuer on September 10, 2024 pursuant to the requirements of Rule 10b5-1 and its authority under its equity incentive plan, and do not represent discretionary trades by the Reporting Person.