Bruce Ledesma - Feb 10, 2025 Form 4 Insider Report for Nextracker Inc. (NXT)

Signature
/s/ Philip Reuther, as attorney-in-fact for Bruce Ledesma
Stock symbol
NXT
Transactions as of
Feb 10, 2025
Transactions value $
-$455,475
Form type
4
Date filed
2/11/2025, 04:34 PM
Previous filing
Jul 1, 2024
Next filing
Apr 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXT Common Stock Sale -$455K -9.89K -6.95% $46.05 132K Feb 10, 2025 Direct F1, F2
* 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 sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 10, 2024.
F2 The reported price in Column 4 for these sales transactions is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.0349 to $46.0556 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.