[Form 4] Nextracker Inc. Insider Trading Activity
Daniel S. Shugar, who is listed as Chief Executive Officer and a director of Nextracker Inc. (NXT), reported on Form 4 transactions dated 08/18/2025. The filing shows an exempt gift of 87,635 shares from the Kathleen and Daniel Shugar Family Trust to the reporting person at a price of $0. The form lists resulting beneficial ownership of 672,625 shares held directly and 238,909 shares held indirectly through the family trust. The filing is signed by an attorney-in-fact, Philip Reuther, on behalf of Mr. Shugar.
Daniel S. Shugar, indicato come Amministratore Delegato e membro del consiglio di Nextracker Inc. (NXT), ha riportato operazioni sul Modulo 4 datate 08/18/2025. La dichiarazione segnala un trasferimento a titolo gratuito di 87.635 azioni dal Kathleen and Daniel Shugar Family Trust alla persona segnalante a un prezzo di $0. Il modulo riporta una partecipazione risultante di 672.625 azioni detenute direttamente e 238.909 azioni detenute indirettamente tramite il family trust. La firma sul documento 猫 apposta per procura dall'avvocato Philip Reuther per conto del sig. Shugar.
Daniel S. Shugar, citado como Director Ejecutivo y miembro del consejo de Nextracker Inc. (NXT), declar贸 transacciones en el Formulario 4 con fecha 08/18/2025. La presentaci贸n indica una donaci贸n exenta de 87.635 acciones del Kathleen and Daniel Shugar Family Trust a la persona reportante a un precio de $0. El formulario muestra una tenencia resultante de 672.625 acciones en propiedad directa y 238.909 acciones en propiedad indirecta a trav茅s del family trust. El documento est谩 firmado por un apoderado, Philip Reuther, en representaci贸n del Sr. Shugar.
Daniel S. Shugar電� Nextracker Inc.(NXT)鞚� 斓滉碃瓴届榿鞛� 瓴� 鞚挫偓搿� 霌膘灛霅橃柎 鞛堨溂氅�, 2025-08-18鞛� Form 4 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� Kathleen and Daniel Shugar Family Trust搿滊秬韯� 氤搓碃鞚胳棎瓴� $087,635欤� 歃濎棳臧� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞏戩嫕鞐愲姅 瓴瓣臣鞝侅溂搿� 歆侅爲 氤挫湢 672,625欤�鞕� family trust毳� 韱淀暅 臧勳爲 氤挫湢 238,909欤�臧� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滊姅 雽�毽澑鞚� 氤�順胳偓 Philip Reuther臧� Shugar 鞌ゼ 雽�鞁犿暣 靹滊獏頄堨姷雼堧嫟.
Daniel S. Shugar, inscrit en tant que Directeur G茅n茅ral et administrateur de Nextracker Inc. (NXT), a d茅clar茅 des op茅rations sur le formulaire 4 dat茅es du 08/18/2025. Le d茅p么t indique un don exon茅r茅 de 87 635 actions du Kathleen and Daniel Shugar Family Trust 脿 la personne d茅clarante au prix de 0 $. Le formulaire fait 茅tat d'une d茅tention r茅sultante de 672 625 actions d茅tenues directement et de 238 909 actions d茅tenues indirectement via le family trust. Le document est sign茅 par un mandataire, l'avocat Philip Reuther, au nom de M. Shugar.
Daniel S. Shugar, aufgef眉hrt als Chief Executive Officer und Direktor von Nextracker Inc. (NXT), meldete Transaktionen im Formular 4 datiert 08/18/2025. Die Einreichung zeigt eine befreite Schenkung von 87.635 Aktien vom Kathleen and Daniel Shugar Family Trust an die meldende Person zu einem Preis von $0. Das Formular weist ein resultierendes wirtschaftliches Eigentum von 672.625 Aktien, direkt gehalten, und 238.909 Aktien, indirekt gehalten 眉ber den Family Trust aus. Die Einreichung ist durch einen Bevollm盲chtigten, Philip Reuther, im Namen von Herrn Shugar unterschrieben.
- Transparent disclosure of an intra-family gift and updated beneficial ownership counts in compliance with Section 16 reporting
- Clear attribution of indirect holdings to the Kathleen and Daniel Shugar Family Trust with an explanatory note
- None.
Insights
TL;DR: Insider transfer was a non-sale intra-family gift; ownership counts shifted between direct and indirect holdings.
The Form 4 documents a gift of 87,635 NXT shares from the Kathleen and Daniel Shugar Family Trust to Daniel S. Shugar on 08/18/2025 at no cash consideration. The filing presents the post-transaction beneficial ownership totals: 672,625 shares direct and 238,909 shares indirect via the family trust. This is a non-derivative, non-sale change in ownership rather than a market transaction, so there is no proceeds or price impact recorded.
TL;DR: Governance disclosure appears routine: record of intra-family gift and accurate beneficial ownership reporting.
The disclosure identifies Mr. Shugar as both an officer (CEO) and director and attributes indirect holdings to the Kathleen and Daniel Shugar Family Trust. The form includes the required explanatory note that the transfer was an exempt gift and is signed by an attorney-in-fact. For corporate governance purposes this is a standard ownership reallocation with no indication of compensatory or market-driven sale activity in the filing.
Daniel S. Shugar, indicato come Amministratore Delegato e membro del consiglio di Nextracker Inc. (NXT), ha riportato operazioni sul Modulo 4 datate 08/18/2025. La dichiarazione segnala un trasferimento a titolo gratuito di 87.635 azioni dal Kathleen and Daniel Shugar Family Trust alla persona segnalante a un prezzo di $0. Il modulo riporta una partecipazione risultante di 672.625 azioni detenute direttamente e 238.909 azioni detenute indirettamente tramite il family trust. La firma sul documento 猫 apposta per procura dall'avvocato Philip Reuther per conto del sig. Shugar.
Daniel S. Shugar, citado como Director Ejecutivo y miembro del consejo de Nextracker Inc. (NXT), declar贸 transacciones en el Formulario 4 con fecha 08/18/2025. La presentaci贸n indica una donaci贸n exenta de 87.635 acciones del Kathleen and Daniel Shugar Family Trust a la persona reportante a un precio de $0. El formulario muestra una tenencia resultante de 672.625 acciones en propiedad directa y 238.909 acciones en propiedad indirecta a trav茅s del family trust. El documento est谩 firmado por un apoderado, Philip Reuther, en representaci贸n del Sr. Shugar.
Daniel S. Shugar電� Nextracker Inc.(NXT)鞚� 斓滉碃瓴届榿鞛� 瓴� 鞚挫偓搿� 霌膘灛霅橃柎 鞛堨溂氅�, 2025-08-18鞛� Form 4 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� Kathleen and Daniel Shugar Family Trust搿滊秬韯� 氤搓碃鞚胳棎瓴� $087,635欤� 歃濎棳臧� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞏戩嫕鞐愲姅 瓴瓣臣鞝侅溂搿� 歆侅爲 氤挫湢 672,625欤�鞕� family trust毳� 韱淀暅 臧勳爲 氤挫湢 238,909欤�臧� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滊姅 雽�毽澑鞚� 氤�順胳偓 Philip Reuther臧� Shugar 鞌ゼ 雽�鞁犿暣 靹滊獏頄堨姷雼堧嫟.
Daniel S. Shugar, inscrit en tant que Directeur G茅n茅ral et administrateur de Nextracker Inc. (NXT), a d茅clar茅 des op茅rations sur le formulaire 4 dat茅es du 08/18/2025. Le d茅p么t indique un don exon茅r茅 de 87 635 actions du Kathleen and Daniel Shugar Family Trust 脿 la personne d茅clarante au prix de 0 $. Le formulaire fait 茅tat d'une d茅tention r茅sultante de 672 625 actions d茅tenues directement et de 238 909 actions d茅tenues indirectement via le family trust. Le document est sign茅 par un mandataire, l'avocat Philip Reuther, au nom de M. Shugar.
Daniel S. Shugar, aufgef眉hrt als Chief Executive Officer und Direktor von Nextracker Inc. (NXT), meldete Transaktionen im Formular 4 datiert 08/18/2025. Die Einreichung zeigt eine befreite Schenkung von 87.635 Aktien vom Kathleen and Daniel Shugar Family Trust an die meldende Person zu einem Preis von $0. Das Formular weist ein resultierendes wirtschaftliches Eigentum von 672.625 Aktien, direkt gehalten, und 238.909 Aktien, indirekt gehalten 眉ber den Family Trust aus. Die Einreichung ist durch einen Bevollm盲chtigten, Philip Reuther, im Namen von Herrn Shugar unterschrieben.
FAQ
What did Daniel S. Shugar disclose on the NXT Form 4?
How many NXT shares does Daniel S. Shugar beneficially own after these transactions?
What is the relationship of the reporting person to Nextracker (NXT)?
Was this transaction a sale or purchase on the open market?
Who signed the Form 4 for Daniel S. Shugar?
