Nextpower Inc. reported an insider equity award to Lindsey Roon Wiedmann on July 20, 2026. The Form 4 describes the transaction as a grant of restricted stock units, or RSUs, covering the company’s common stock. According to the filing, each RSU represents a contingent right to receive one share of Nextpower common stock. The RSUs were granted on July 20, 2026, and are subject to a multi-year vesting schedule: 30% vest on May 19, 2027, another 30% vest on May 19, 2028, and the remaining 40% vest on May 19, 2029. Vesting depends on Wiedmann’s continued service to the company through each applicable vesting date, with acceleration possible in certain circumstances. The filing does not report an open-market purchase or sale of Nextpower shares. Instead, it reflects an equity compensation award, which typically serves as a retention and incentive tool for executives, directors, or other insiders. Because RSUs convert into common shares as they vest, the award may increase Wiedmann’s beneficial ownership over time if the service conditions are met. The provided filing text does not specify the number of RSUs granted, the transaction code, the grant-date value or price, or Wiedmann’s beneficial ownership after the transaction. The filing was signed by Philip Reuther as attorney-in-fact for Lindsey Wiedmann.
Stock detail
Nextpower (NXT) stock price, chart, and key data
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Stock detail
Nextpower
NXT · XNAS
+$4.89 (+4.80%) past day
$106.86
Overnight $107.64 (+0.73%)
Key metrics
Financials
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Operating income & Operating cash flow
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Total assets & Total liabilities
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Total equity & Shares outstanding
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Day range
$98.53 - $106.19
52-week range
$52.61 - $163.13
Close price
$104.49
Market cap
$15.8B
P/E ratio
27.83
Beta
1.86
Financials
FY2026 Q4Operating income
$160M
Operating cash flow
$171M
EPS
0.98
Shares outstanding
150.3M
Total assets
$4B
Total equity
$2B
Total liabilities
$2B
About the company
NEXTPOWER
Nextpower Inc. is a global energy technology provider based in Fremont, California. The company was originally established in 2014 as Nextracker Inc. On November 12, 2025, it rebranded as Nextpower to reflect its transformation from solar tracking to energy technology for utility-scale and distributed generation solar power plants.
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Mean target
$151
18
Buy
/ 21
Recent calls
07/20/2026
TD Cowen
Jeff Osborne
Hold · Price target $118
07/17/2026
RBC Capital
Chris Dendrinos
Buy · Price target $149
07/17/2026
BMO Capital
Ameet Thakkar
Hold · Price target $132
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#1Donald J Trump
republican · Executive
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