Nextpower (NXT) President Wenger Howard Sells 11,176 Shares

What Happened

• Wenger Howard, President and Director of Nextpower Inc. (NXT), sold 11,176 shares on August 11, 2026. The shares were reported at $104.78 each for a total proceeds of approximately $1,171,021. The sale is reported as an "open market or private sale" (code S).

Key Details

• Transaction date: August 11, 2026; Form 4 filed August 12, 2026 (timely filing).
• Price per share: $104.78; Total proceeds: $1,171,021.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: Sale was executed pursuant to a 10b5-1 trading plan adopted by the reporting person on August 18, 2025.
• Transaction type: Sale (routine disposition rather than a purchase or award).

Context

• The sale was made under a pre-established 10b5-1 plan, which means it was scheduled in advance and does not necessarily reflect the insider’s current view of the company. Sales by insiders can be routine (e.g., diversification, liquidity) and are not, by themselves, a definitive signal about company prospects.