Filing Details

Accession Number:
0000950103-24-004881
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-03 20:15:58
Reporting Period:
2024-04-01
Accepted Time:
2024-04-03 20:15:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1852131 Nextracker Inc. NXT Search, Detection, Navagation, Guidance, Aeronautical Sys (3812) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1961888 Leah Schlesinger C/O Nextracker Inc.
6200 Paseo Padre Parkway
Fremont CA 94555
Gc, Ch Eth & Compl Off'r & Sec No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-04-01 11,607 $0.00 18,502 No 4 M Direct
Common Stock Disposition 2024-04-01 4,443 $53.13 14,059 No 4 J Direct
Common Stock Disposition 2024-04-03 2,149 $51.91 11,910 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 J Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2024-04-01 11,607 $0.00 11,607 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,476 No 4 M Direct
Footnotes
  1. Reflects the vesting and conversion of restricted stock units ("RSUs"), which were previously granted to the Reporting Person on April 6, 2022, into shares of the Issuer's common stock, on a one-for-one basis.
  2. 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.
  3. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 17, 2023.