NPEH, LLC 4

What Happened

• NPEH, LLC, identified as a 10% owner of NET Power Inc. (NPWR), sold a total of 175,000 shares of Class A common stock in two open-market dispositions. On Feb 13, 2026 it sold 100,000 shares for total proceeds of $214,140 (weighted avg $2.14; trade prices ranged $2.10–$2.215). On Feb 18, 2026 it sold 75,000 shares for total proceeds of $155,190 (weighted avg $2.07; trade prices ranged $2.045–$2.115). Combined proceeds ≈ $369,330. These were sales (not purchases or exercises).

Key Details

• Transaction dates and prices:
  • 2026-02-13: 100,000 shares sold, weighted avg $2.14 (range $2.10–$2.215) — $214,140 proceeds. (Footnote F1)
  • 2026-02-18: 75,000 shares sold, weighted avg $2.07 (range $2.045–$2.115) — $155,190 proceeds. (Footnote F2)
• Total shares sold: 175,000; total proceeds ≈ $369,330.
• Shares owned after transaction: not shown in the excerpt provided — see the full Form 4 for post-transaction holdings.
• Footnotes: both sales use weighted average prices and note multiple trades at the ranges above; NPEH will provide per-trade detail to the SEC or issuer upon request.
• Filing timeliness: Form 4 was filed on 2026-02-18 and reports the Feb 13 and Feb 18 transactions; the filing does not indicate a late-reporting flag.

Context

• NPEH, LLC is a 10% owner (an institutional/large holder), not an individual officer or director — such institutional sales can be for portfolio reasons and do not necessarily signal insider sentiment.
• Sales (code S) are common and, unlike purchases, are generally less informative about bullish conviction. No options exercises, gifts, or tax-withholding transactions are reported in this filing.