SHUGAR DANIEL S 4
4 · Nextracker Inc. · Filed Jun 24, 2025
Insider Transaction Report
Form 4
SHUGAR DANIEL S
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-06-21+42,873→ 606,907 total - Other
Common Stock
2025-06-23$57.24/sh−21,917$1,254,529→ 584,990 total - Exercise/Conversion
Restricted Stock Units
2025-06-21−42,873→ 57,166 total→ Common Stock (42,873 underlying)
Holdings
- 326,544(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 June 21, 2023, 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 March 2, 2023 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.