Vinje Robert 4

What Happened

• Robert Vinje, Chief Operating Officer of NextPower Inc. (NXT), received an award of 15,262 restricted stock units (RSUs) on June 15, 2026. The RSUs were granted at a $0.00 acquisition price (i.e., no cash exchanged at grant) and are reported as an Award/Grant (transaction code A) on the Form 4.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (appears timely).
• Grant amount: 15,262 RSUs; grant price reported as $0.00.
• Vesting schedule: 30% on May 18, 2027; 30% on May 18, 2028; 40% on May 18, 2029, subject to continued service and possible acceleration in specified circumstances (per footnote).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: each RSU entitles the holder to one share of common stock upon vesting; this is a compensation award, not an open-market purchase or sale.

Context

• RSUs are a deferred-compensation award that convert to actual shares only upon vesting; no immediate shares or cash were exchanged at grant. Such equity grants are common as employee compensation and do not by themselves indicate a buy/sell signal.