secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nextpower Inc. (NXT)
CIK:        0001852131
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0000950103-23-007303
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.08
LLM model:  deepseek-v4-flash:cloud@v2

Nextracker sets Sep 20, 2023 annual meeting; approves FY2023 cash bonuses for NEOs
--------------------------------------------------------------------------------

- Board approved FY2023 cash bonuses: Shugar $338K, Wenger $285K, Ledesma $285K, Bennett $310K, Miller $159K, Schlesinger $148K.
- 2023 annual meeting set for Sep 20, 2023; virtual-only; record date Jul 24, 2023.
- Deadline for Rule 14a-8 stockholder proposals is May 25, 2023; for nominations outside 14a-8, window is May 23 - Jun 22, 2023.
- Bonuses based on achievement of pre-set FY2023 goals (Revenue 40%, Adj. Operating Profit 40%, Adj. FCF 20%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852131/000095010323007303/0000950103-23-007303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852131/000095010323007303/dp19379_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-23-007303

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer