4Filed Sep 9, 8:00 PM ET
Net Power (NPWR) 10% Owner NPEH, LLC Sells 250,000 Shares
$NPWR · Net Power Inc.Research Summary
AI-generated summary of this SEC filing
Net Power (NPWR) 10% Owner NPEH, LLC Sells 250,000 Shares
What Happened
- NPEH, LLC, a reported 10% owner of Net Power, Inc. (NPWR), sold a total of 250,000 shares of Class A common stock in two open-market transactions. On 2026-09-08 it sold 100,000 shares at a weighted average price of $1.94 (proceeds ~$193,520) and on 2026-09-09 it sold 150,000 shares at a weighted average price of $1.84 (proceeds ~$276,075). Combined proceeds were roughly $469,595. These were sales (not purchases), which are often routine liquidations by large holders.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-09-08: 100,000 shares sold @ $1.94 (weighted avg; range $1.87–$2.00 per footnote F1)
- 2026-09-09: 150,000 shares sold @ $1.84 (weighted avg; range $1.77–$1.885 per footnote F2)
- Total shares sold: 250,000; total reported proceeds: ~$469,595.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 and F2 state the reported prices are weighted averages from multiple trades and disclose the per‑trade price ranges; NPEH will provide a full breakdown of trades/prices upon request to the SEC, issuer, or security holder.
- Filing timeliness: Form filed 2026-09-10 for trades on 9/8–9/9; this appears to be timely (within the typical 2-business-day reporting window).
Context
- NPEH is a 10% owner (a large/institutional holder), not an individual executive; sales by large holders can reflect portfolio management or liquidity needs rather than insider sentiment about operations. No option exercises, awards, or gifts are reported in this filing—only open-market sales.