4//SEC Filing
SHUGAR DANIEL S 4
Accession 0000950103-25-004365
CIK 0001852131other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:36 PM ET
Size
10.4 KB
Accession
0000950103-25-004365
Insider Transaction Report
Form 4
SHUGAR DANIEL S
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-04-01+53,191→ 405,407 total - Other
Common Stock
2025-04-02$43.09/sh−27,114$1,168,342→ 378,293 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−0→ 0 total→ Common Stock (0 underlying)
Holdings
- 143,503(indirect: By Trust)
Common Stock
Footnotes (3)
- [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.
- [F3]Reflects shares indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007.
Documents
Issuer
Nextracker Inc.
CIK 0001852131
Entity typeother
Related Parties
1- filerCIK 0001425477
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:36 PM ET
- Size
- 10.4 KB