David P. Bennett - May 22, 2025 Form 4 Insider Report for Nextracker Inc. (NXT)

Role
Chief Accounting Officer
Signature
/s/ Philip Reuther, as attorney-in-fact for David P Bennett
Stock symbol
NXT
Transactions as of
May 22, 2025
Transactions value $
-$147,947
Form type
4
Date filed
5/23/2025, 07:12 PM
Previous filing
May 15, 2025
Next filing
May 28, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bennett David P Chief Accounting Officer C/O NEXTRACKER INC., 6200 PASEO PADRE PARKWAY, FREMONT /s/ Philip Reuther, as attorney-in-fact for David P Bennett 2025-05-23 0001582417

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXT Common Stock Other -$148K -2.77K -2.22% $53.37 122K May 22, 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 Reflects the number of shares required to be sold pursuant to a "sell-to-cover" transaction in order to satisfy the tax withholding obligations in connection with the vesting and conversion of RSUs. These sales are mandated by the Issuer's "sell-to-cover" policy adopted by the Issuer on March 2, 2023 pursuant to the requirements of Rule 10b5-1 and its authority under its equity incentive plan, and do not represent discretionary trades by the Reporting Person.