Beauchamp Damian R.'s Form 4 filing
Net Power Inc. (NPWR) · filed Oct 16, 2025
- Accession no.
- 0001104659-25-100173
- Filed
- Oct 16, 2025, 9:01 PM ET
- Trade date
- Oct 14-16, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.15M. 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 |
|---|---|
| Beauchamp Damian R.CIK 0001973442 | 10% Owner |
| 8 Rivers Capital, LLCCIK 0001981100 | 10% Owner |
| Beauchamp CyndaCIK 0002079418 | 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Oct 14, 2025 | Class A Common Stock | CConversionAcquired | +4,000,000 | –F1 | – | 4,000,000 | Indirect | Duplicate filing |
| Oct 14, 2025 | Class B Common Stock | JOtherDisposed | −4,000,000 | –F2 | – | 22,729,880 | Indirect | Duplicate filing |
| Oct 15, 2025 | Class A Common Stock | SSaleDisposed | −100,000 | $4.83F3 | −$483,210 | 3,900,000 | Indirect | |
| Oct 15, 2025 | Class A Common Stock | SSaleDisposed | −122,641 | $4.88F4 | −$598,316.38 | 3,777,359 | Indirect | |
| Oct 16, 2025 | Class A Common Stock | SSaleDisposed | −13,959 | $4.71F5 | −$65,692.45 | 3,763,400 | Indirect |
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 |
|---|---|---|---|---|---|---|---|---|
| Oct 14, 2025 | Class A Common Stock | CConversionDisposed | −4,000,000 | –F1 | – | 22,729,880 | Indirect | Duplicate filing |
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.
- F1
The Class A Units of NET Power Operations LLC are exchangeable into shares of the Issuer's Class A Common Stock or, at the Issuer's election, cash, on a one-for-one basis and have no expiration date. On October 14, 2025, NPEH, LLC ("NPEH") exchanged 4,000,000 Class A Units of NET Power Operations LLC for 4,000,000 shares of the Issuer's Class A Common Stock.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F2
For each Class A Unit of Net Power Operations LLC, NPEH owns a corresponding share of Class B Common Stock of the Issuer. Upon the exchange of 4,000,000 Class A Units of Net Power Operations LLC, an equal number of shares of Class B Common Stock of the Issuer held by NPEH, which have no economic value, were cancelled.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $4.67 to $4.93. NPEH will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $4.85 to $4.925. NPEH will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $4.50 to $4.83. NPEH will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.