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Filed
NXTSHUGAR DANIEL S ( Reporting ) CIK : 0001425477 (see all company filings)Nasdaq

Officer-director Daniel S. Shugar proposes sale of 55,000 shares

144Insider / OwnershipbearishImpact68

NXT Price

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N/A$0.00 (+0.00%)
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Adds to a large recent selling run by a company officer; cumulative proposed and prior sales exceed $68M

Daniel S. Shugar submitted a Form 144 proposing to sell 55,000 Class A shares, aggregate market value $8,348,450, approximate sale date 06/01/2026. This is a proposed sale notice only, not an executed transaction. It follows multiple March–May insider sales with prior gross proceeds totaling about $59.8M

Score68

Score Rationale

bearish

Proposed $8.35M sale plus large prior three-month insider sales.

Bearish

  • Proposes to sell 55,000 Class A shares (~$8.35M).
  • Prior three-month sales total about $59.8M gross proceeds.
  • Reporting owner is an officer and director.
  • Form 144: 55,000 shares; $8,348,450; 06/01/2026
  • Prior three-month gross proceeds: $59,788,397.49
  • Broker: Fidelity Brokerage Services LLC
  1. Filed Form 4s showing any executed sales
  2. Additional Form 144/Form 4 filings by same owner
  3. Market reaction around approximate sale date 06/01/2026
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NXT Market Context

Market Cap$21.79B
Shares Outstanding150.27M
Public Float147.83M
Public Float %98.4%
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Original Filing Text

SEC filing text preserved from the raw item store.

### 144
Form 144 Filer Information |
UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 144

NOTICE OF PROPOSED SALE OF SECURITIES

PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

| |

FORM 144
| |

144: Filer Information
Filer CIK | 0001425477
|
Filer CCC | XXXXXXXX
|

Is this a LIVE or TEST Filing?
| LIVE
TEST
|
Submission Contact Information
|
Name |
|
Phone |
|
E-Mail Address |
|

144: Issuer Information
Name of Issuer | Nextpower Inc.
|
SEC File Number | 001-41617
|
Address of Issuer | 6200 PASEO PADRE PARKWAY
FREMONT

CALIFORNIA

94555
|
Phone | 510-270-2500
|
Name of Person for Whose Account the Securities are To Be Sold | SHUGAR DANIEL S
|

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person filing this notice.

|
Relationship to Issuer | Officer
|
Relationship to Issuer | Director
|

144: Securities Information
Title of the Class of Securities To Be Sold | Name and Address of the Broker | Number of Shares or Other Units To Be Sold | Aggregate Market Value | Number of Shares or Other Units Outstanding | Approximate Date of Sale | Name the Securities Exchange |
Class A | Fidelity Brokerage Services LLC
900 Salem Street
Smithfield

RI

02917
| 55000 | 8348450.00 | 150274472 | 06/01/2026 | NASDAQ
|

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment
of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold
Title of the Class | Date you Acquired | Nature of Acquisition Transaction | Name of Person from Whom Acquired | Is this a Gift? | Date Donor Acquired | Amount of Securities Acquired | Date of Payment | Nature of Payment * |
Class A | 06/01/2026 | Option Granted - 04/06/2022 | Issuer | | | 55000 | 06/01/2026 | Cash |

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note
thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made
in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months
Name and Address of Seller | Title of Securities Sold | Date of Sale | Amount of Securities Sold | Gross Proceeds |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 03/04/2026 | 39892 | 4030687.68 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 03/09/2026 | 59456 | 6253367.39 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 04/24/2026 | 73477 | 8908843.78 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 04/27/2026 | 74041 | 8908924.09 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 04/28/2026 | 76917 | 8908796.15 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 05/21/2026 | 55000 | 6689424.50 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 05/22/2026 | 20787 | 2615308.09 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 05/26/2026 | 45817 | 6066965.81 |
Daniel S. Shugar
6200 Paseo Padre Parkway
Fremont

CA

94555 | Class A | 05/27/2026 | 55000 | 7406080.00 |

144: Remarks and Signature
Remarks |
|
Date of Notice | 06/01/2026
|
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1 | 12/03/2025
|
ATTENTION:
|

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing
this notice that he does not know any material adverse information in regard to the current and prospective
operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has
adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by
signing the form and indicating the date that the plan was adopted or the instruction given, that person makes
such representation as of the plan adoption or instruction date.
|
Signature | /s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Daniel S. Shugar
|
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)
|

### 144
144

0001425477
XXXXXXXX

LIVE

0001852131
Nextpower Inc.
001-41617

6200 PASEO PADRE PARKWAY
FREMONT
CA
94555

510-270-2500
SHUGAR DANIEL S

Officer
Director

Class A

Fidelity Brokerage Services LLC

900 Salem Street
Smithfield
RI
02917

55000
8348450.00
150274472
06/01/2026
NASDAQ

Class A
06/01/2026
Option Granted - 04/06/2022
Issuer
N
55000
06/01/2026
Cash

N

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
03/04/2026
39892
4030687.68

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
03/09/2026
59456
6253367.39

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
04/24/2026
73477
8908843.78

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
04/27/2026
74041
8908924.09

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
04/28/2026
76917
8908796.15

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
05/21/2026
55000
6689424.50

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
05/22/2026
20787
2615308.09

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
05/26/2026
45817
6066965.81

Daniel S. Shugar

6200 Paseo Padre Parkway
Fremont
CA
94555

Class A
05/27/2026
55000
7406080.00

06/01/2026

12/03/2025

/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Daniel S. Shugar