LEDESMA BRUCE 4

What Happened
Bruce Ledesma, Nextpower's Chief Legal & Compliance Officer, disposed of a total of 53,675 shares in two sell-to-cover transactions tied to the vesting/conversion of PSUs. On 2026-04-27 he sold 26,326 shares at $120.32 each for $3,167,544, and on 2026-04-28 he sold 27,349 shares at $115.82 each for $3,167,561, for a combined proceeds of $6,335,105. These were disposals (not purchases) and were routine sell-to-cover transactions.

Key Details

• Transaction dates/prices: 2026-04-27 — 26,326 shares @ $120.32; 2026-04-28 — 27,349 shares @ $115.82.
• Total shares sold: 53,675; total proceeds: $6,335,105.
• Shares owned after transaction: not disclosed in the filing.
• Transaction code: "Other acquisition or disposition (J)" and footnote F1 explains these were sell-to-cover sales to satisfy tax withholding related to PSUs.
• Footnote F1: Sales were mandated by the issuer’s sell-to-cover policy (adopted Mar 2, 2023) pursuant to Rule 10b5-1 and the equity incentive plan; they do not represent discretionary trades by the reporting person.
• Filing timeliness: Report filed 2026-04-28 for transactions dated 2026-04-27 and 2026-04-28 (filed promptly).

Context
Sell-to-cover transactions are routine: shares are automatically sold to cover tax obligations on vested performance stock units and typically do not signal the insider’s view on the company’s stock. This filing documents the tax-withholding disposals rather than an open-market sale initiated for investment reasons.