NXT Nextpower Inc.
Price Chart
Executive Summary
Four top executives at Nextpower Inc. (CEO, COO, President, Chief Legal & Compliance Officer) sold a total of $8.44M in open-market shares over a 7-day window. The CEO alone sold $3.51M, and the COO sold $3.50M at the highest price ($156). These sales represent approximately 0.036% of the $23.5B market cap, which is trivial in relative terms. The cluster is amplified by cross-filing context (cluster-insider-trades + cluster-offering-context, cluster-insider-trades + cluster-press-context), but the absolute dollar amount is too small to signal material bearish information.
Key Financial Metrics
Actionable Insight
The $8.44M in insider sales is trivial relative to NXT's $23.5B market cap (0.036%). CEO's option exercise and concurrent sale is consistent with routine tax/vesting planning. The cross-filing amplifiers (cluster + offering/press context) suggest elevated event risk, but the dollar amounts do not support a bearish read. Monitor for any upcoming 8-K or offering filing that could explain the timing.
Key Facts
- CEO Daniel Shugar sold 26,077 shares for $3.51M on 2026-05-26
- COO Nicholas Miller sold 22,427 shares for $3.50M on 2026-05-29
- President Howard Wenger sold 7,690 shares for $991K on 2026-05-26
- Chief Legal & Compliance Officer Bruce Ledesma sold 3,248 shares for $438K on 2026-05-26
- Total open-market sales: $8.44M, representing ~0.036% of $23.5B market cap
- CEO also exercised 55,000 derivative shares at $21 (cash) and 55,000 at $0 (non-cash) on 2026-05-26
- Multiple insiders also had non-cash 'OTHER' transactions (tax withholding/vesting) on 2026-05-26
Financial Impact
Total open-market sales of $8.44M, which is 0.036% of market cap — well below the 0.1% materiality threshold
Risk Factors
- CEO sold at $134.72 while COO sold later at $156 — COO may have had more favorable information or a separate liquidity need
- Cross-filing amplifiers (cluster + offering context) indicate elevated probability of a dilutive event in the near term
- Historical performance shows past neutral calls on NXT had positive T+20 alpha (+7.04%), suggesting the stock tends to drift up after insider clusters
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NXT-1780346680867 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $119.67 awaiting T+1 | awaiting T+1 | — | $121.88 (+1.85%) |
|
Jun 5, 2026
7d ago
|
144
| $137.78 awaiting T+1 | awaiting T+1 | — | $121.88 (+11.54%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $152.24 awaiting T+1 | awaiting T+1 | — | $121.88 (−19.94%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $146.47 $150.32 | ▲ +2.63% | ▲ +2.23% | $121.88 (−16.79%) |
|
Jun 1, 2026
11d ago
|
Insider Cluster
| $152.22 $146.47 | ▼ −3.78% | ▼ −3.08% | $121.88 (−19.93%) |
|
Jun 1, 2026
11d ago
|
Insider Cluster
| $152.22 $146.47 | ▼ −3.78% | ▼ −3.06% | $121.88 (−19.93%) |
|
Jun 1, 2026
11d ago
|
144
| $145.02 $152.22 | ▼ −4.96% | ▼ −4.82% | $121.88 (+15.96%) |
|
Jun 1, 2026
11d ago
|
144
| $145.02 $152.22 | ▲ +4.96% | ▲ +4.82% | $121.88 (−15.96%) |
|
May 27, 2026
16d ago
|
Insider Cluster
| $137.17 $156.40 | ▲ +14.02% | ▲ +13.78% | $121.88 (−11.15%) |
|
May 27, 2026
16d ago
|
144
| $137.17 $156.40 | ▼ −14.02% | ▼ −13.78% | $121.88 (+11.15%) |
US Market Status
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