SEC Filing Summary for Nextpower Inc.
This filing details transactions related to Nextpower Inc. common stock by CEO Daniel Shugar. On April 22, 2026, Shugar was awarded 214,368 performance stock units (PSUs) with a transaction value of $0. These PSUs, originally granted in June 2023, were earned based on performance metrics for the period April 1, 2023, to March 31, 2026. An additional number of PSUs, exceeding the minimum earned amount, were also certified. Each earned PSU converts to one share of common stock. On April 24, 2026, Shugar sold 73,477 shares at $121.25 per share to cover tax withholding obligations related to the PSU vesting, a transaction mandated by the company's "sell-to-cover" policy. Following these transactions, Shugar directly holds 887,230 shares. Additionally, 18,104 shares are held indirectly through the Kathleen and Daniel Shugar Family Trust.