[Form 4] Nextracker Inc. Insider Trading Activity
William D. Watkins, a director of Nextracker Inc. (NXT), reported related-party transfers on 08/25/2025. The filing shows an exempt gift transaction of 7,665 common shares from the Denise P. Watkins trust to Mr. Watkins at no cash price. After the transaction the trust鈥檚 indirect beneficial ownership in the issuer is reported as 0 and Mr. Watkins鈥� direct beneficial ownership is reported as 26,777 shares. The Form 4 is signed by an attorney-in-fact and includes an explanation that the reporting person and spouse are co-trustees and co-beneficiaries of the trust.
William D. Watkins, amministratore di Nextracker Inc. (NXT), ha dichiarato trasferimenti tra parti correlate in data 25/08/2025. La segnalazione indica una transazione esente come donazione di 7.665 azioni ordinarie dal trust Denise P. Watkins a Mr. Watkins senza corrispettivo in denaro. Dopo l'operazione la propriet脿 beneficiaria indiretta del trust nell'emittente risulta pari a 0 mentre la propriet脿 beneficiaria diretta di Mr. Watkins risulta pari a 26.777 azioni. Il Modulo 4 猫 firmato da un procuratore e include la precisazione che la persona obbligata alla segnalazione e il coniuge sono co-trustee e co-beneficiari del trust.
William D. Watkins, director de Nextracker Inc. (NXT), report贸 transferencias entre partes relacionadas el 25/08/2025. El documento muestra una operaci贸n exenta como regalo de 7.665 acciones ordinarias del fideicomiso Denise P. Watkins a Mr. Watkins sin contraprestaci贸n en efectivo. Tras la operaci贸n, la propiedad beneficiaria indirecta del fideicomiso en el emisor se informa como 0 y la propiedad beneficiaria directa de Mr. Watkins se informa como 26.777 acciones. El Formulario 4 est谩 firmado por un apoderado e incluye la explicaci贸n de que la persona informante y su c贸nyuge son cotrustees y cotitulares beneficiarios del fideicomiso.
William D. Watkins電� Nextracker Inc.(NXT)鞚� 鞚挫偓搿滌劀 2025雲� 8鞗� 25鞚� 甏�霠� 雼轨偓鞛� 鞚挫爠鞚� 鞁犼碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 Denise P. Watkins 鞁犿儊鞐愳劀 Watkins 鞌棎瓴� 順勱笀 雽�臧� 鞐嗢澊 氅挫牅霅� 歃濎棳 瓯半灅搿� 7,665 氤错喌欤缄皜 鞚挫爠霅� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� 鞁犿儊鞚� 氚滍枆須岇偓鞐� 雽�頃� 臧勳爲鞝� 靾橃澋甓� 氤挫湢電� 0搿� 氤搓碃霅橃棃瓿� Watkins 鞌潣 歆侅爲鞝� 靾橃澋甓� 氤挫湢電� 26,777欤茧 氤搓碃霅橃棃鞀惦媹雼�. Form 4電� 雽�毽澑鞚� 靹滊獏頄堨溂氅�, 鞁犼碃鞚戈臣 氚办毎鞛愱皜 鞁犿儊鞚� 瓿惦彊 靾橅儊鞛愳澊鞛� 瓿惦彊 靾橃澋甓岇瀽鞛勳潉 靹る獏頃橁碃 鞛堨姷雼堧嫟.
William D. Watkins, administrateur de Nextracker Inc. (NXT), a d茅clar茅 des transferts entre parties li茅es le 25/08/2025. Le dossier indique une op茅ration exon茅r茅e sous forme de don de 7 665 actions ordinaires du trust Denise P. Watkins 脿 M. Watkins sans contrepartie en esp猫ces. Apr猫s la transaction, la d茅tention b茅n茅ficiaire indirecte du trust dans l'茅metteur est d茅clar茅e 脿 0 et la d茅tention b茅n茅ficiaire directe de M. Watkins est d茅clar茅e 脿 26 777 actions. Le formulaire 4 est sign茅 par un mandataire et pr茅cise que la personne d茅clarante et son conjoint sont cotuteurs (co-trustees) et cob茅n茅ficiaires du trust.
William D. Watkins, Direktor von Nextracker Inc. (NXT), meldete am 25.08.2025 Transaktionen mit verbundenen Parteien. Die Einreichung weist eine befreite Schenkung von 7.665 Stammaktien vom Denise P. Watkins Trust an Herrn Watkins ohne Barzahlung aus. Nach der Transaktion wird das indirekte wirtschaftliche Eigentum des Trusts am Emittenten mit 0 und das direkte wirtschaftliche Eigentum von Herrn Watkins mit 26.777 Aktien angegeben. Das Formular 4 ist von einem Bevollm盲chtigten unterzeichnet und enth盲lt den Hinweis, dass die meldende Person und der Ehepartner Mitanlageverwalter (Co-Trustees) und Mitbeg眉nstigte des Trusts sind.
- Increased direct ownership: Mr. Watkins鈥� direct holdings rose by 7,665 shares to 26,777, improving transparency of his beneficial stake
- Proper disclosure: Transaction is reported on Form 4 with explanatory notes and signature by attorney-in-fact
- Trust no longer holds shares: The Denise P. Watkins trust is reported as holding 0 shares after the transfer, altering the indirect ownership structure
Insights
TL;DR: Routine related-party gift increased the director鈥檚 direct stake by 7,665 shares to 26,777, a non-cash transfer with no immediate market impact.
The Form 4 discloses an exempt gift on 08/25/2025 from the Denise P. Watkins trust to director William D. Watkins. The transfer is recorded as a non-cash (price $0) gift, reducing the trust鈥檚 indirect holding to zero while increasing Mr. Watkins鈥� direct holdings to 26,777 shares. This is an intra-family/trust reallocation rather than an open-market purchase or sale, so it does not change the company鈥檚 outstanding float or indicate trading intent. For investors, this is informational about ownership structure rather than operational or financial performance.
TL;DR: Form 4 shows a trustee-to-director gift within a family trust, properly disclosed; governance implications are limited and procedural.
The filing documents the exempt gift from the Denise P. Watkins u/a/d 01-0701994 William D. Watkins Trustee of Watkins Family Trust to William D. Watkins, who is a director and co-trustee. The disclosure includes the reporting relationship and an explanation of co-trustee/co-beneficiary status, and the Form 4 is executed by an attorney-in-fact. This appears to be a compliant insider disclosure of a related-party transfer; it does not reflect a change in board composition or executive role.
William D. Watkins, amministratore di Nextracker Inc. (NXT), ha dichiarato trasferimenti tra parti correlate in data 25/08/2025. La segnalazione indica una transazione esente come donazione di 7.665 azioni ordinarie dal trust Denise P. Watkins a Mr. Watkins senza corrispettivo in denaro. Dopo l'operazione la propriet脿 beneficiaria indiretta del trust nell'emittente risulta pari a 0 mentre la propriet脿 beneficiaria diretta di Mr. Watkins risulta pari a 26.777 azioni. Il Modulo 4 猫 firmato da un procuratore e include la precisazione che la persona obbligata alla segnalazione e il coniuge sono co-trustee e co-beneficiari del trust.
William D. Watkins, director de Nextracker Inc. (NXT), report贸 transferencias entre partes relacionadas el 25/08/2025. El documento muestra una operaci贸n exenta como regalo de 7.665 acciones ordinarias del fideicomiso Denise P. Watkins a Mr. Watkins sin contraprestaci贸n en efectivo. Tras la operaci贸n, la propiedad beneficiaria indirecta del fideicomiso en el emisor se informa como 0 y la propiedad beneficiaria directa de Mr. Watkins se informa como 26.777 acciones. El Formulario 4 est谩 firmado por un apoderado e incluye la explicaci贸n de que la persona informante y su c贸nyuge son cotrustees y cotitulares beneficiarios del fideicomiso.
William D. Watkins電� Nextracker Inc.(NXT)鞚� 鞚挫偓搿滌劀 2025雲� 8鞗� 25鞚� 甏�霠� 雼轨偓鞛� 鞚挫爠鞚� 鞁犼碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 Denise P. Watkins 鞁犿儊鞐愳劀 Watkins 鞌棎瓴� 順勱笀 雽�臧� 鞐嗢澊 氅挫牅霅� 歃濎棳 瓯半灅搿� 7,665 氤错喌欤缄皜 鞚挫爠霅� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� 鞁犿儊鞚� 氚滍枆須岇偓鞐� 雽�頃� 臧勳爲鞝� 靾橃澋甓� 氤挫湢電� 0搿� 氤搓碃霅橃棃瓿� Watkins 鞌潣 歆侅爲鞝� 靾橃澋甓� 氤挫湢電� 26,777欤茧 氤搓碃霅橃棃鞀惦媹雼�. Form 4電� 雽�毽澑鞚� 靹滊獏頄堨溂氅�, 鞁犼碃鞚戈臣 氚办毎鞛愱皜 鞁犿儊鞚� 瓿惦彊 靾橅儊鞛愳澊鞛� 瓿惦彊 靾橃澋甓岇瀽鞛勳潉 靹る獏頃橁碃 鞛堨姷雼堧嫟.
William D. Watkins, administrateur de Nextracker Inc. (NXT), a d茅clar茅 des transferts entre parties li茅es le 25/08/2025. Le dossier indique une op茅ration exon茅r茅e sous forme de don de 7 665 actions ordinaires du trust Denise P. Watkins 脿 M. Watkins sans contrepartie en esp猫ces. Apr猫s la transaction, la d茅tention b茅n茅ficiaire indirecte du trust dans l'茅metteur est d茅clar茅e 脿 0 et la d茅tention b茅n茅ficiaire directe de M. Watkins est d茅clar茅e 脿 26 777 actions. Le formulaire 4 est sign茅 par un mandataire et pr茅cise que la personne d茅clarante et son conjoint sont cotuteurs (co-trustees) et cob茅n茅ficiaires du trust.
William D. Watkins, Direktor von Nextracker Inc. (NXT), meldete am 25.08.2025 Transaktionen mit verbundenen Parteien. Die Einreichung weist eine befreite Schenkung von 7.665 Stammaktien vom Denise P. Watkins Trust an Herrn Watkins ohne Barzahlung aus. Nach der Transaktion wird das indirekte wirtschaftliche Eigentum des Trusts am Emittenten mit 0 und das direkte wirtschaftliche Eigentum von Herrn Watkins mit 26.777 Aktien angegeben. Das Formular 4 ist von einem Bevollm盲chtigten unterzeichnet und enth盲lt den Hinweis, dass die meldende Person und der Ehepartner Mitanlageverwalter (Co-Trustees) und Mitbeg眉nstigte des Trusts sind.
FAQ
What did William D. Watkins report on Form 4 for NXT?
How many NXT shares does William D. Watkins beneficially own after the transaction?
Did the transfer involve cash or a market transaction?
What happened to the trust鈥檚 ownership after the gift?
Who signed the Form 4 filing?
