Director Sarah A. Slusser of Nextpower Inc. filed a Form 4 on November 2, 2026, reporting the acquisition of 2,547 restricted stock units of common stock on November 1, 2026, at a price of $0.

Key Highlights

  • Reporting person: Sarah A. Slusser, a Director of Nextpower Inc. (NASDAQ:NXT)
  • Transaction date: November 1, 2026
  • Securities acquired: 2,547 restricted stock units (RSUs) of common stock, acquired at $0
  • Resulting ownership: 2,547 shares of common stock beneficially owned directly following the transaction
  • Vesting schedule: RSUs vest 100% as of the last business day preceding the date of the issuer's next scheduled annual meeting of stockholders, subject to continued service and acceleration in certain circumstances
  • Transaction code: A (acquisition), filed by one reporting person

Nextpower Director Slusser Acquires RSUs Under Annual Meeting Vesting Terms

According to the Form 4 filed with the SEC on November 2, 2026, Sarah A. Slusser, a Director of Nextpower Inc. (NASDAQ:NXT), acquired 2,547 restricted stock units of the company's common stock on November 1, 2026. The transaction was recorded under transaction code "A" and the price per unit was listed as $0. Following the reported transaction, Slusser holds 2,547 shares beneficially owned directly, as disclosed in Table I of the filing.

The filing's footnote explains that each RSU "represents a contingent right to receive one share of the Issuer's common stock." According to the filing, the RSUs "vest 100% as of the last business day preceding the date of the Issuer's next scheduled annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances." No derivative securities were reported in Table II of the filing.

The Form 4 was signed by Philip Reuther as attorney-in-fact for Sarah Slusser and dated November 2, 2026. The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934 and covers a transaction with a date of earliest transaction of November 1, 2026. No amendment date was listed, indicating this is an original filing.

What Was Disclosed

The filing disclosed that Director Sarah A. Slusser of Nextpower Inc. acquired 2,547 RSUs of common stock on November 1, 2026 at $0, resulting in direct beneficial ownership of 2,547 shares. The RSUs vest in full prior to the company's next annual stockholder meeting.