Wenger Howard's Form 4 filing
Nextpower Inc.NXT · filed May 22, 2026
- Accession no.
- 0000950103-26-007678
- Filed
- May 22, 2026
- Trade date
- May 20-21, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 9 non-derivative transactions and 1 derivative transaction. Open-market sales total $2.05M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Wenger HowardCIK 0001387222 | Director, Officer (President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 20, 2026 | Common Stock | SSaleDisposed | −16,090 | $127.32 | −$2,048,578.8 | 508,582 | Direct | |
| May 20, 2026 | Common Stock | MOption exerciseAcquired | +124,497 | $21.00F2,F3 | +$2,614,437 | 633,079 | Direct | |
| May 21, 2026 | Common Stock | JOtherDisposed | −15,568 | $119.99F4 | −$1,868,004.32 | 617,511 | Direct | |
| May 21, 2026 | Common Stock | JOtherDisposed | −37,412 | $121.07F5 | −$4,529,470.84 | 580,099 | Direct | |
| May 21, 2026 | Common Stock | JOtherDisposed | −44,828 | $121.94F6 | −$5,466,326.32 | 535,271 | Direct | |
| May 21, 2026 | Common Stock | JOtherDisposed | −21,528 | $122.82F7 | −$2,644,068.96 | 513,743 | Direct | |
| May 21, 2026 | Common Stock | JOtherDisposed | −3,747 | $124.18F8 | −$465,302.46 | 509,996 | Direct | |
| May 21, 2026 | Common Stock | JOtherDisposed | −1,314 | $124.89F9 | −$164,105.46 | 508,682 | Direct | |
| May 21, 2026 | Common Stock | JOtherDisposed | −100 | $125.66 | −$12,566 | 508,582 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 20, 2026 | Common Stock | MOption exerciseDisposed | −124,497 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Reflects an award of performance-based options ("Performance Options") to purchase shares of the Issuer's common stock ("Common Stock") that vested and became exercisable as of April 1, 2026 upon the achievement of both a continuous service requirement and the achievement of certain Nextpower equity valuation growth conditions. These Performance Options contain unique restrictions which (i) provide a limited period of time following vesting to exercise such Performance Options (i.e., by no later than March 15, 2027) or otherwise such Performance Options terminate and (ii) cap the maximum "gain" value realizable by Mr. Wenger upon exercise of the total award of Performance Options at 250% of the aggregate exercise price (the "Max Benefit Limit").
Referenced by the price of 1 transaction in Table I.
- F3
The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 18, 2025. A portion of this sale includes the sale of shares of Common Stock required to be sold in order to satisfy the exercise price and tax withholding obligations in connection with the exercise of the Performance Options.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $119.46 to $120.43, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such ranges.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $120.47 to $121.46, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such ranges.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $121.47 to $122.46, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such ranges.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $122.47 to $123.46, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such ranges.
Referenced by the price of 1 transaction in Table I.
- F8
The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $123.49 to $124.48, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such ranges.
Referenced by the price of 1 transaction in Table I.
- F9
The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $124.58 to $125.34, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such ranges.
Referenced by the price of 1 transaction in Table I.