Net Power (NPWR) Director Alexander Ralph Receives Award

What Happened
Alexander Ralph, a director of Net Power, was granted 71,770 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports the acquisition at $0.00 (typical for awards); each RSU represents the right to receive one share of Class A common stock. The RSUs vest on the earlier of the day before the issuer's 2027 annual meeting or June 3, 2027, subject to continued service, and settlement is deferred per the reporting person’s standing deferral election.

Key Details

• Transaction date and type: 2026-06-03 — Award/Grant of 71,770 RSUs (code A).
• Reported acquisition price: $0.00 (grant).
• Shares owned after the transaction: Not disclosed in this filing.
• Footnotes: Grant made under the Issuer's Non-Employee Director Compensation Policy (automatic annual RSU grant); each RSU = 1 share; vesting by ~June 3, 2027; settlement deferred.
• Timeliness: This Form 4 was filed late due to administrative oversight (late filing).

Context
Director RSU grants are routine compensation for non-employee directors and do not represent an open-market purchase or sale. Because settlement is deferred, Ralph will receive shares (or their cash equivalent) later according to his deferral election and the vesting schedule. A grant is informational about compensation but is not, by itself, a straightforward bullish or bearish signal about insider sentiment.