secwatch.observer — SEC 8-K summary
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Issuer:     NET Power Inc. (NPWR)
CIK:        0001845437
Form:       8-K
Filed at:   2026-04-13T23:59:59+00:00
Accession:  0001845437-26-000013
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Net Power names Lee Shuman CFO, replacing interim CFO Dan Rice, effective April 13, 2026
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- Shuman, 56, previously CFO of WattBridge Energy, led $1.6B of senior secured financings and $425M of mezzanine capital.
- Compensation includes $420K base salary, 60% target cash bonus, 180% target equity award, $800K RSU grant, and $100K cash bonus.
- Shuman most recently served as Head of Power Finance at Javelin Global Commodities from April 2024 to April 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845437/000184543726000013/0001845437-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845437/000184543726000013/npwr-20260410.htm
  HTML page:      https://secwatch.observer/filing/0001845437-26-000013

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