4//SEC Filing
SHUGAR DANIEL S 4
Accession 0000950103-25-007781
CIK 0001852131other
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 8:19 PM ET
Size
10.3 KB
Accession
0000950103-25-007781
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.
Documents
Issuer
Nextracker Inc.
CIK 0001852131
Entity typeother
Related Parties
1- filerCIK 0001425477
Filing Metadata
- Form type
- 4
- Filed
- Jun 23, 8:00 PM ET
- Accepted
- Jun 24, 8:19 PM ET
- Size
- 10.3 KB