4Filed Aug 5, 8:00 PM ET

NET Power (NPWR) 10% Owner NPEH, LLC Sells Shares

$NPWR · NET Power Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

NET Power (NPWR) 10% Owner NPEH, LLC Sells Shares

What Happened
NPEH, LLC (identified as a 10% owner) sold a total of 349,255 Class A common shares of NET Power (NPWR) in open-market transactions between August 4 and August 6, 2026. The three reported disposals were: 120,000 shares on 2026-08-04 (weighted avg price $1.54, proceeds $184,728), 140,000 shares on 2026-08-05 (weighted avg price $1.51, proceeds $211,456), and 89,255 shares on 2026-08-06 (weighted avg price $1.51, proceeds $134,436). Combined proceeds were approximately $530,620. These were sales (dispositions), which are often routine for large holders; they do not constitute a purchase/bullish signal.

Key Details

  • Transaction dates and amounts:
    • 2026-08-04: Sold 120,000 shares @ weighted avg $1.54 — $184,728 (footnote F1: trades ranged $1.50–$1.55)
    • 2026-08-05: Sold 140,000 shares @ weighted avg $1.51 — $211,456 (footnote F2: trades ranged $1.50–$1.55)
    • 2026-08-06: Sold 89,255 shares @ weighted avg $1.51 — $134,436 (footnote F3: trades ranged $1.50–$1.52)
  • Total shares sold: 349,255; total reported proceeds: ~$530,620.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Notable footnotes: Prices are weighted averages; each sale consisted of multiple trades at the ranges noted above. NPEH will provide detailed per-trade breakdowns upon request to the SEC or issuer (per F1–F3).
  • Filing timing: Form filed 2026-08-06 (covers trades through 2026-08-06); this appears to be a timely Form 4 filing (no late-file flag shown).

Context
NPEH, LLC is reported as a 10% owner (an institutional/large shareholder), not an individual executive. Sales by 10% holders can reflect portfolio rebalancing or liquidity needs and do not necessarily indicate management sentiment about company prospects. No options exercise, awards, gifts, or tax-withholding transactions are indicated in this report.