NXT Nextpower Inc.
Price Chart
Executive Summary
Nextpower CEO Daniel Shugar conducted two open-market stock sales totaling approximately $4.36 million and gifted 220,805 shares in a non-cash transaction over the past week. The sales represent a material insider divestment, though no explicit reason was disclosed.
Key Financial Metrics
Actionable Insight
Monitor for follow-up filings or commentary on the reason for the sales, especially given the CEO's significant position. Consider whether this is part of a pre-arranged 10b5-1 plan or a reaction to internal outlook concerns.
Key Facts
- CEO Daniel Shugar sold 43,142 shares in open-market transactions for total proceeds of $4,355,915.18
- One transaction was a non-cash gift of 220,805 shares, which does not reflect economic disposal for proceeds
- Total open-market sale value represents ~0.027% of NXT's $16.1B market cap
- Sales occurred at prices between $100.07 and $101.04 per share
Financial Impact
$4.36 million in open-market insider selling by CEO
Risk Factors
- Perception of insider lack of confidence, especially with no offsetting purchases
- Potential for negative market reaction despite modest dollar size relative to market cap
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-NXT-1773104427689 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 11, 2026
1d ago
|
Institutional Cluster
| $119.67 awaiting T+1 | awaiting T+1 | — | $121.88 (+1.85%) |
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Jun 5, 2026
7d ago
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144
| $137.78 awaiting T+1 | awaiting T+1 | — | $121.88 (+11.54%) |
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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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