Form 4 Filing for Daniel Shugar of Nextpower Inc.
2026-05-27SEC Filing 4 (0000950103-26-007836)
This Form 4 filing details stock transactions by Daniel Shugar, Chief Executive Officer and Director of Nextpower Inc. On May 26, 2026, Shugar sold 26,077 shares of Common Stock at $134.72 per share, pursuant to a Rule 10b5-1 trading plan. Additionally, 19,740 shares were sold at $129.38 per share as part of a "sell-to-cover" transaction to satisfy tax withholding obligations related to vesting and conversion of RSUs. These sales are mandated by the company's policy and do not represent discretionary trades. Following these transactions, Shugar directly owns 911,679 shares. The filing also notes that 18,104 shares are indirectly beneficially owned through the Kathleen and Daniel Shugar Family Trust.