4Filed Aug 18, 8:00 PM ET
Nextpower (NXT) Director Thomas Brandi Elizabeth Receives Award
$NXT · Nextpower Inc.Research Summary
AI-generated summary of this SEC filing
Nextpower (NXT) Director Thomas Brandi Elizabeth Receives Award
What Happened
- Thomas Brandi Elizabeth, a director of Nextpower Inc. (NXT), received a grant of 2,742 restricted stock units (RSUs) on August 19, 2026. The RSUs were granted at $0.00 (i.e., no cash purchase) and are reported as an award (Form 4 transaction code A). This is a grant, not a market purchase or sale.
Key Details
- Transaction date: 2026-08-19. Report filed: 2026-08-19 (timely).
- Grant size and price: 2,742 RSUs granted; reported price $0.00.
- Shares owned after transaction: not specified in the reported details.
- Footnote: Each RSU represents a contingent right to one share of Nextpower common stock and vests on the one-year anniversary of the grant (or, if earlier, the business day before the next annual shareholders meeting), subject to continued service by the reporting person.
- Transaction code: A (Award/Grant). No 10b5-1, tax-withholding, or sale details were reported.
Context
- RSU grants are compensation awards that convert to actual shares only upon vesting; they do not represent immediate stock purchases or sales and often reflect standard director compensation. Because this is an award, it does not by itself indicate buying or selling sentiment by the insider.