Nextpower CFO Charles Boynton Sells 4,500 Shares Under Rule 10b5-1 Plan
Nextpower Inc.
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Filing Summary
📉 Insider Sale Notification
Issuer: Nextpower Inc. ($NXT)
Insider: Charles D. Boynton (Chief Financial Officer)
Transaction Date: 2026-09-01
Shares Sold: 4,500 @ $79.98
Total Value: $359,910.00
Shares Remaining: 354,000
Plan: Rule 10b5-1 plan adopted June 13, 2025
Accession Number: 0000950103-26-013492
Comprehensive Analysis
Executive Summary
On September 1, 2026, Charles D. Boynton, Chief Financial Officer of Nextpower Inc. ($NXT), executed a sale of 4,500 shares of Common Stock at an average price of $79.98 per share, generating gross proceeds of approximately $359,910.
Key Transaction Details
- Insider: Charles D. Boynton (Chief Financial Officer)
- Security: Common Stock
- Transaction Code: S (Open Market Sale)
- Shares Sold: 4,500 shares
- Execution Price: $79.98
- Total Transaction Value: $359,910.00
- Post-Transaction Beneficial Ownership: 354,000 shares (held directly)
Market & Significance Assessment
- Trading Significance: Low
- Trading Plan Context: The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025.
- Ownership Impact: The sale represents approximately 1.25% of Mr. Boynton's total holdings, leaving him with a substantial direct position of 354,000 shares. Because the disposition was executed under a scheduled 10b5-1 plan and constitutes a minor reduction in ownership, it does not suggest a discretionary shift in executive sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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