Howard Wenger - 16 Jan 2025 Form 4 Insider Report for Nextracker Inc. (NXT)

Signature
/s/ Philip Reuther, as attorney-in-fact for Howard Wenger
Issuer symbol
NXT
Transactions as of
16 Jan 2025
Transactions value $
$-272,970
Form type
4
Filing time
17 Jan 2025, 16:17:17 UTC
Previous filing
25 Jun 2024
Next filing
03 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXT Common Stock Sale $-272,970 -6,066 -2.82% $45.00 209,365 16 Jan 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 13, 2024.