Beauchamp Cynda 4
4 · NET Power Inc. · Filed Nov 4, 2025
Insider Transaction Report
Form 4
NET Power Inc.NPWR
Beauchamp Cynda
10% Owner
Transactions
- Sale
Class A Common Stock
2025-10-31$4.05/sh−18,116$73,419→ 1,847,130 total(indirect: See Footnote) - Other
Class B Common Stock
2025-11-02−22,729,880→ 0 total(indirect: See Footnotes) - Other
Class A Units of NET Power Operations LLC
2025-11-02−22,729,880→ 0 total(indirect: See Footnotes)→ Class A Common Stock (22,729,880 underlying) - Other
Class A Common Stock
2025-11-02−1,847,130→ 0 total(indirect: See Footnotes)
Footnotes (3)
- [F1]The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $4.05 to $4.06. NPEH, LLC ("NPEH") will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.
- [F3]For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date.