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NXT Nextpower Inc. Insider Trading

Latest: COO Sold $3.5M of Shares · May 2026

Multiple insiders have been active at Nextpower Inc. (NXT): 6 distinct insiders account for 0 buy filings and 15 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: COO Nicholas Marco Miller sold $3.5M, transaction dated May 2026.

11 filings analyzed · Latest 2026-06-02

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Buys
0
Sells
15
Insiders
6
Direction
Net selling

Nextpower Inc. leadership

CEO
Daniel Shugar — Chief Executive Officer
CFO
Charles Boynton — Chief Financial Officer
COO
Nicholas (Marco) Miller — Chief Operating Officer
General Counsel
Bruce Ledesma — Chief Legal and Compliance Officer & Secretary
Chair
William Watkins — Chairperson of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-02 10b5-1 Plan
low
Chief Financial Officer
4,500 shares
$683,055
@ $151.79
Significance 3

CFO Charles D Boynton sold 4,500 NXT shares at $151.79 on 2026-06-01 under pre-arranged 10b5-1 plan; retains 358,500 shares.

This sale by Charles D Boynton, Chief Financial Officer, was executed under a pre-arranged 10b5-1 trading plan adopted on 2025-06-13, meaning it was scheduled rather than discretionary. The 4,500-share reduction represents -1.2% of his pre-transaction holdings of 363,000 shares, leaving him with substantial continuing exposure at 358,500 shares. Nextpower Inc. has demonstrated strong fundamentals with annual revenue growth of +20.3%, latest-quarter revenue of $909,352,000.00, and net income of $131,236,000.00, alongside robust recent stock performance (+20.9% over 30 days, +43.4% over 90 days). The scheduled nature of the transaction and Boynton's maintained significant position preclude timing-based inferences; the sale reflects programmatic portfolio management rather than discretionary signaling.

2026-06-01 10b5-1 Plan
medium
Chief Operating Officer
22,427 shares
$3,498,612
@ $156.00
Significance 5

Former COO Nicholas Marco Miller sold 22,427 shares of Nextpower Inc. at $156.00 under pre-arranged 10b5-1 plan

Nicholas Marco Miller, who was COO at the time of this transaction on 2026-05-29, sold 22,427 shares at $156.00 as part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-12. Since this transaction is scheduled rather than discretionary, timing-based interpretation is not applicable. His prior trades at Nextpower showed 30-day returns of +22.8%, +3.6%, and +3.0% following sales, indicating varied near-term outcomes at this ticker. The current price of $145.02 is -11.1% from the 52-week high of $163.13, while the stock has risen +20.9% over the past 30 days and +43.4% over 90 days. Nextpower's fundamentals show revenue of $909,352,000.00 and net income of $131,236,000.00, with annual revenue growth of +20.3%, a P/E of 29.60, and market cap of $19,801,382,183.46. The sale reduced his holdings from 208,621 shares to 186,194 shares, a net reduction of 22,427 shares or -10.8% of pre-transaction holdings.

May 2026
2026-05-27 10b5-1 Plan
low
President
62,670 shares
$8,162,614
@ $130.25
Significance 4

NXT President Wenger sells 62,670 shares for $8,162,614.49 under 10b5-1 plan adopted 2023-03-02

Howard Wenger executed 5 separate sales on 2026-05-26 totaling 62,670 shares for $8,162,614.49 at prices ranging from $128.91 to $132.59. This transaction is scheduled under a 10b5-1 trading plan adopted on 2023-03-02, meaning the sales were pre-arranged and not discretionary. Wenger's post-transaction holdings of 416,597 shares represent a 13.1% reduction from his pre-transaction position of 479,267 shares. The stock currently trades at $135.78, with a 52-week high of $156.78 and 90-day price appreciation of 27.1%, placing the blended sale price of $130.25 below recent highs. The company reports strong fundamentals: latest-quarter revenue of $909,352,000.00, net income of $131,236,000.00, annual revenue growth of 20.3%, and a market cap of $18,539,730,194.94.

2026-05-27 10b5-1 Plan
low
Chief Executive Officer
26,077 shares
$3,513,093
@ $134.72
Significance 4

CEO Daniel S Shugar sold 26,077 shares of NXT at $134.72 on 2026-05-26 ($3.5M); scheduled 10b5-1 plan activity.

Daniel S Shugar, as CEO, sold 26,077 shares at $134.72 on 2026-05-26, reducing his holdings to 911,679 shares, a -2.8% reduction from pre-transaction holdings of 937,756 shares. This sale is part of a pre-arranged 10b5-1 trading plan adopted on 2023-03-02, meaning the transaction was scheduled and non-discretionary. His prior trades at NXT (five separate sales on 2026-03-09) showed post-trade 90-day returns ranging from +21.2% to +27.2%, and his cross-ticker track record shows 12 prior sells with an average 90-day return of +26.3%, indicating he has historically sold before subsequent appreciation. The current price of $135.78 is -13.4% from the 52-week high of $156.78, and the stock has risen +27.1% over 90 days and +10.8% over 30 days since the transaction date. Nextpower fundamentals remain solid with $909.4M quarterly revenue, $131.2M net income, +20.3% annual growth, and a P/E of 27.71 on an $18.5B market cap, providing no obvious fundamental distress signal.

2026-05-26 10b5-1 Plan
low
President
9,051 shares
$1,095,352
@ $121.02
Significance 3

NXT President Howard Wenger sells 9,051 shares for $1,095,352.02 under pre-arranged 10b5-1 plan; retains 489,137 shares

Howard Wenger, President of Nextpower Inc., sold 9,051 shares at $121.02 on 2026-05-22 for $1,095,352.02 as part of a pre-arranged 10b5-1 trading plan adopted on 2023-03-02. This is a scheduled transaction, not a discretionary decision, reducing his holdings from 498,188 to 489,137 shares (-1.8%). The company shows solid fundamentals with $909.4M quarterly revenue, $131.2M net income, and 20.3% annual revenue growth; the stock is currently at $131.21, up 8.1% over 30 days and 12.6% over 90 days. Because this sale is governed by a pre-established plan, it carries no inference about current insider sentiment or confidence in the company's direction.

2026-05-22 10b5-1 Plan
low
President
16,090 shares
$2,048,579
@ $127.32
Significance 3

NXT: President Howard Wenger sold 16,090 shares at $127.32 under pre-arranged 10b5-1 plan adopted 2025-08-18.

President Howard Wenger executed a scheduled sale of 16,090 shares at $127.32 on 2026-05-20 as part of a pre-arranged 10b5-1 trading plan adopted on 2025-08-18, reducing his holdings from 524,672 shares to 508,582 shares. Because this transaction is governed by a pre-arranged trading plan, it is scheduled rather than discretionary and therefore carries limited signaling value regarding current insider conviction. The sale occurred with the stock trading at $130.50 (current market price), below the 52-week high of $156.78 by -16.8%, and follows a 30-day gain of +12.3% and 90-day gain of +9.4%. The company demonstrates strong fundamentals with FY revenue growth of +20.3% and a P/E of 26.63 on a market cap of $17,818,786,201.50.

2026-05-22 10b5-1 Plan
low
Chief Operating Officer
24,511 shares
$3,120,741
@ $127.32
Significance 3

Former-COO Nicholas Marco Miller sells 24,511 NXT shares at $127.32 under 10b5-1 plan; holds 221,533 post-sale

Nicholas Marco Miller, who was COO at the time of this filing, sold 24,511 shares of Nextpower Inc. for $3,120,740.52 on 2026-05-20 pursuant to a pre-arranged 10b5-1 trading plan adopted on 2025-12-12. Because the sale was scheduled under a 10b5-1 plan rather than discretionary, it reflects a mechanical execution of a prior commitment rather than a contemporaneous market judgment. His post-transaction holdings of 221,533 shares represent a reduction of 10.0% from his prior position of 246,044 shares. Nextpower's fundamentals show revenue of $909,352,000.00 and net income of $131,236,000.00, with annual revenue growth of +20.3%, suggesting a company in expansion phase; the P/E of 26.63 reflects a market-priced expectation. His prior two sales at NXT occurred on 2025-06-12 with subsequent 30-day returns of +3.6% and +3.0%, and 90-day returns of +13.5% and +12.8%, showing a pattern of sales followed by stock appreciation in the same-ticker history.

March 2026
2026-03-09 10b5-1 Plan
medium
Chief Executive Officer
59,456 shares
$6,253,223
@ $105.17
Significance 4

NXT CEO Daniel Shugar sells 59,456 shares for $6.3M via pre-arranged 10b5-1 plan on 2026-03-09

Nextpower CEO Daniel Shugar executed 9 separate sales totaling 59,456 shares for $6,253,223.32 on 2026-03-09, reducing his holdings from 805,795 to 746,339 shares (-7.4%), with transaction prices ranging from $100.07 to $108.22. This activity was part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-03, meaning the timing and volume were scheduled in advance rather than discretionary. As a scheduled disposition under Rule 10b5-1, the transaction reflects pre-planned capital deployment rather than real-time market timing or responsive positioning. Investors should note the sale volume and resulting post-transaction holdings level, and cross-reference with any concurrent company filings on cash allocation, capital structure, or compensation arrangements.

2026-03-06 10b5-1 Plan
medium
Chief Executive Officer
39,892 shares
$4,030,688
@ $101.04
Significance 4

CEO sold 39,892 shares (39.9K) of NXT at $101.04; stock since down 13.1% in 30 days. Retains 805,795 shares.

Daniel S. Shugar, Chief Executive Officer of Nextpower Inc., sold 39,892 shares at $101.04 on 2026-03-04, reducing his holdings by 4.7% to 805,795 shares post-transaction. The current price of $101.43 reflects a 30-day decline of -13.1% from the sale date, and his prior two sales at NXT (both on 2025-11-17) similarly were followed by negative 30-day returns of -5.8% and -7.0%, though both showed positive 90-day returns. At a P/E of 23.37 and market cap of $13.8B with recent quarterly revenue of $909.4M and net income of $131.2M, the company appears fundamentally sound with annual revenue growth of +18.4%, yet the persistent weakness in share price following his sales merits monitoring alongside the company's operational trajectory.

December 2025
2025-12-12 10b5-1 Plan
medium
Chief Accounting Officer
33,725 shares
$2,970,498
@ $88.08
Significance 4

CAO Bennett sold 33,725 shares ($2.97M) at $88.08; holdings drop 20.5% to 131.0K shares

Bennett David P, Chief Accounting Officer, sold 33,725 shares of Nextpower Inc. (NXT) at $88.08 on 2025-12-11, reducing his holdings by 20.5% from 164.7K to 131.0K shares. The sale occurred at a price $1.33 above the current market price of $86.75, and approximately $23.76 below the 52-week high of $111.84. His cross-ticker track record shows 1 prior open-market sale with an average 90-day return of +39.3%, indicating that his previous sale preceded stock appreciation rather than decline, yielding a well-timed rate of 0.00%. At NXT specifically, his prior sale on 2025-09-12 similarly produced a 90-day return of +39.3%, also poorly timed by the sell-timing metric. The stock is currently -22.4% from its 52-week high and -10.1% over the last 30 days, though it has gained +30.1% over 90 days. Company fundamentals show revenue of $905.3M, net income of $146.9M, annual revenue growth of +18.4%, and a P/E of 20.56.

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