v3.25.3
Insider Trading Arrangements
 3 Months Ended
Sep. 26, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
During the three-month period ended September 26, 2025, certain of our officers or directors listed below adopted or terminated trading arrangements for the purchase or sale of shares of our Class A common stock in amounts and prices determined in accordance with a formula set forth in each such plan:
Name and Title
Action
Date
Rule 10b5-1(1)
Non- Rule 10b5-1(2)
Aggregate Number of Securities/Total Dollar Value to be Purchased
Aggregate Number of Securities/Total Dollar Value to be Sold
Expiration
Dan Shugar, CEO
Adoption
August 19, 2025X
Up to 486,206 shares(3)
March 12, 2027
Howard Wenger, President
Adoption
August 18, 2025X
Up to 357,526 shares(3)
March 15, 2027
Dave Bennett, CAO
Adoption
September 12, 2025
X
Up to 33,725 shares(3)
March 20, 2026
(1)Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
(2)Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
(3)Subject to minimum selling price thresholds established by the individual. Includes 398,571 options for Mr. Shugar and 247,619 options for Mr. Wenger, in each case the future vesting of which is contingent upon continuous service and achievement of certain Nextracker equity valuation growth rate conditions and which, if vesting occurs, must be exercised by March 15, 2027 or such options terminate.
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Dan Shugar [Member]  
Trading Arrangements, by Individual  
Name Dan Shugar
Title CEO
Rule 10b5-1 Arrangement Adopted true
Adoption Date August 19, 2025
Expiration Date March 12, 2027
Arrangement Duration 570 days
Aggregate Available 486,206
Howard Wenger [Member]  
Trading Arrangements, by Individual  
Name Howard Wenger
Title President
Rule 10b5-1 Arrangement Adopted true
Adoption Date August 18, 2025
Expiration Date March 15, 2027
Arrangement Duration 574 days
Aggregate Available 357,526
Dave Bennett [Member]  
Trading Arrangements, by Individual  
Name Dave Bennett
Title CAO
Rule 10b5-1 Arrangement Adopted true
Adoption Date September 12, 2025
Expiration Date March 20, 2026
Arrangement Duration 189 days
Aggregate Available 33,725