Nextpower Officer Charles Boynton Files Form 144 to Sell 4,500 Class A Shares
Nextpower Inc.
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Filing Summary
š Form 144 Filing Alert: Nextpower Inc. ā¢ Insider: Charles D Boynton (Officer) ā¢ Proposed Sale: 4,500 Class A Shares (~$359,910) ā¢ Approx. Sale Date: 09/01/2026 ā¢ Plan Adoption Date: 06/13/2025 (Rule 10b5-1) ā¢ Broker: Fidelity Brokerage Services LLC
Comprehensive Analysis
Form 144 Analysis: Nextpower Inc.
Executive Summary
On September 1, 2026, Charles D Boynton, an Officer of Nextpower Inc., filed a Form 144 notice of proposed sale covering 4,500 shares of Class A Common Stock with an estimated aggregate market value of $359,910.00 (~$79.98 per share).
Key Filing Highlights
- Securities to be Sold: 4,500 Class A shares.
- Aggregate Market Value: $359,910.00.
- Acquisition Origin: Shares originated from Restricted Stock Vesting as compensation from the issuer on May 21, 2025.
- Trading Plan: Executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on June 13, 2025.
- Recent Prior Activity: Sold 4,500 shares on June 1, 2026, for gross proceeds of $683,055.00.
- Shares Outstanding: 151,729,520 shares.
Market Impact & Trading Significance
The proposed sale represents a negligible fraction (<0.01%) of the company's 151.7M shares outstanding. Combined with the use of a pre-arranged Rule 10b5-1 trading plan, this transaction is viewed as routine compensation-related diversification, with Low expected market impact.
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