Net Power (NPWR) Director Carol R. Peterson Receives 71,770 RSUs

What Happened

• Carol R. Peterson, a non-employee director of Net Power Inc. (NPWR), received a grant of 71,770 restricted stock units (RSUs) effective June 3, 2026. The Form 4 reports an acquisition at $0.00 per unit (transaction code A — award/grant). Each RSU represents the right to receive one share of Class A common stock when settled.

Key Details

• Transaction date: June 3, 2026; Form 4 filed August 31, 2026 (late filing noted).
• Reported price: $0.00 per RSU (award/grant), total reported acquisition value $0 on the Form 4.
• Vesting: RSUs vest on the earlier of the day before the 2027 annual meeting or June 3, 2027, subject to continued service as a director.
• Settlement: Settlement is deferred under the reporting person's standing deferral election.
• Footnote: Grant made under the company’s Non‑Employee Director Compensation Policy (automatic annual RSU grant for eligible directors).
• Shares owned after transaction: Not specified in the provided filing.

Context

• This is an award of RSUs to a director (routine compensation), not an open‑market purchase or sale — it does not by itself indicate buying or selling sentiment. Because settlement is deferred, Peterson will not immediately receive shares or cash; final issuance depends on vesting and the deferral terms. The filing was submitted late due to administrative oversight, which is flagged on the Form 4.