{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-23-009188","form_type":"8-K","ticker":"NXT","cik":"0001852131","company_name":"Nextpower Inc.","filed_at":"2023-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.244731+00:00","generated_at":"2026-06-13T18:26:26.904731+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Nextracker approves FY2024 LTIP grants for NEOs with RSUs, PSUs, and options","bullets":["CEO Daniel Shugar receives 142,912 RSUs, 142,912 PSUs (target), and 153,521 options.","CFO David Bennett receives 63,516 RSUs, 63,516 PSUs (target), and 68,231 options.","PSU payout ranges 0%-300% based on equally weighted revenue and EBITDA metrics for FY2024.","Earned PSUs subject to cumulative 3-year relative TSR modifier; cliff vest March 31, 2026.","RSUs vest 30% on first two anniversaries, 40% on third; options cliff vest on third anniversary."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-23-009188","json":"https://secwatch.observer/filing/0000950103-23-009188.json","markdown":"https://secwatch.observer/filing/0000950103-23-009188.md","text":"https://secwatch.observer/filing/0000950103-23-009188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852131/000095010323009188/0000950103-23-009188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852131/000095010323009188/dp195600_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T18:26:26.904731+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}