AGÕæÈ˹ٷ½

Bruce Ledesma, Chief Legal & Compliance Officer of Nextracker Inc. (NXT), reported a sale of 6,980 shares of common stock on 08/08/2025 at $56.24 per share. Following the reported transaction the Form 4 shows 195,789.5 shares beneficially owned.

The filing states the sales were effected pursuant to a 10b5-1 trading plan adopted on September 10, 2024, a plan that the form notes is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). No derivative securities transactions are reported on this Form 4.

Nextracker Inc. (NXT) filed a Form 144 indicating that insider Bruce Ledesma intends to sell 6,980 Class A shares on or about 08 Aug 2025 through Fidelity Brokerage Services. The proposed block is valued at $392,555 based on the market price disclosed in the filing and represents less than 0.005 % of the company’s 147.96 million shares outstanding.

The notice also discloses substantial recent activity: over the past three months Ledesma disposed of 196,891 shares across six transactions, generating $11.06 million in gross proceeds. Including the new planned sale, total insider sales reach roughly 203,871 shares, or about 0.14 % of shares outstanding. The shares being sold were acquired via restricted-stock vesting on 21 Jun 2025 and are being liquidated for compensation purposes.

While the stake sold is small in percentage terms, continued selling by a key insider may raise questions about near-term confidence in the stock.

On 08/05/2025, Nextracker Inc. (NXT) director William D. Watkins filed a Form 4 disclosing an open-market sale of 10,000 common shares at $56.79 per share. The shares were held through the Watkins Family Trust, of which Watkins and his spouse are co-trustees and beneficiaries.

Following the transaction, the trust’s ownership declined to 7,666 NXT shares. No derivative securities were reported, and there were no acquisitions of shares. The filing lists no 10b5-1 trading plan and does not note any additional insider transactions. Watkins remains a director of the company.

Nextracker (NXT) delivered another strong quarter. Fiscal Q1 26 revenue rose 20% YoY to $864 million, driven by 27% higher GW shipments and continued U.S. demand (69% of sales). The 45X manufacturing credit lowered cost of sales by $93 million, helping keep gross margin at 32.6% (-40 bp YoY) despite freight and labor inflation. Operating income climbed 16% to $186 million; diluted EPS advanced 24% to $1.04.

Cash flow from operations softened to $81 million (-33%) on working-capital use—receivables and inventories up while contract assets fell. Cash & equivalents ended at $743 million; total liquidity, including the undrawn revolver, is ~$1.7 billion. Balance-sheet leverage remains low with no term debt and $1.58 billion total liabilities; TRA liability edged down to $392 million.

The company closed two tuck-in deals—Bentek and OnSight—for $103 million (cash outflow $86 million) adding electrical infrastructure and robotics capabilities; goodwill rose to $445 million.

Key watch-points: (1) outstanding litigation with Flex and securities class actions, (2) potential retroactive AD/CVD duties on imported solar modules, (3) customer concentration—top five represent 37% of revenue. Management sees 72% of $363 million backlog converting within 12 months, underscoring near-term visibility.

Nextracker Inc. (NXT) filed a Form 4 disclosing that President and Director Howard Wenger sold 5,216 shares of common stock on 07/03/2025 at a weighted-average price of $65 per share, for total proceeds of roughly $0.34 million. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on 13-Sep-2024. Following the sale, Wenger’s direct ownership stands at 419,959 shares, representing the vast majority of his holdings. No derivative securities were exercised or disposed, and no other insiders were involved in this filing. The sale equals about 1.2 % of Wenger’s reported stake and is modest relative to both his remaining position and Nextracker’s public float, suggesting limited immediate impact on control or voting power.

Nextracker Inc. (NXT) � Form 144 Filing Overview

This Rule 144 notice discloses that Howard Wenger intends to sell 5,216 Class A shares of Nextracker Inc. through Fidelity Brokerage Services LLC on or after 07/03/2025. Based on the stated aggregate market value of $339,040, the implied share price is roughly $65.00. The planned sale represents less than 0.01% of the company’s 146,263,962 outstanding shares, indicating limited dilution or ownership impact.

The filing also details Wenger’s prior insider sales over the last three months:

• 5/13/2025 â€� 6,066 shares for $333,630
• 5/15/2025 â€� 5,703 shares for $342,180
• 5/22/2025 â€� 11,088 shares for $591,788.74
• 5/28/2025 â€� 67,205 shares for $3,720,065.57
• 6/23/2025 â€� 11,690 shares for $669,136.77

Total insider disposals during the period amount to 101,752 shares and $5.66 million in gross proceeds. The filing indicates the shares being sold were acquired on 04/01/2024 via vesting of restricted stock awarded as compensation. No 10b5-1 trading-plan date is provided, and the filer represents that he is not in possession of undisclosed material adverse information.

While the absolute number of shares is modest relative to Nextracker’s float, the pattern of repeated sales by an insider may attract investor scrutiny regarding sentiment and timing.