{"schema_version":"secwatch.filing_event.v1","accession":"0001852131-25-000028","form_type":"8-K","ticker":"NXT","cik":"0001852131","company_name":"Nextpower Inc.","filed_at":"2025-06-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.157302+00:00","generated_at":"2026-05-19T03:25:06.365938+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Nextracker appoints Monica Karuturi and Mark Menezes to Board of Directors","bullets":["Board expanded from 9 to 11 directors; Karuturi (Class III) and Menezes (Class I) appointed effective June 17, 2025.","Monica Karuturi is EVP & General Counsel at CenterPoint Energy; will serve on Compensation Committee.","Mark Menezes is President & CEO of USEA and former Deputy Secretary of DOE; will serve on Nominating Committee.","Each appointee receives annual cash retainer and $150K RSU grant; Karuturi $77,500 cash, Menezes $70,000 cash, prorated initially.","Both directors qualified as independent under Nasdaq listing rules."],"urls":{"canonical":"https://secwatch.observer/filing/0001852131-25-000028","json":"https://secwatch.observer/filing/0001852131-25-000028.json","markdown":"https://secwatch.observer/filing/0001852131-25-000028.md","text":"https://secwatch.observer/filing/0001852131-25-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852131/000185213125000028/0001852131-25-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852131/000185213125000028/nxt-20250617.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T03:25:06.365938+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":[{"claim_id":"738b93db77","claim":"Monica Karuturi was appointed as director at Nextpower Inc..","evidence_excerpt":"On June 17, 2025, the Board of Directors (the “ Board ”) of Nextracker Inc. (the “ Company ”) increased the number of directors serving on the Board from nine to eleven and appointed Monica Karuturi and Mark Menezes to serve as directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852131/000185213125000028/0001852131-25-000028-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"96e880fe70","claim":"Mark Menezes was appointed as director at Nextpower Inc..","evidence_excerpt":"On June 17, 2025, the Board of Directors (the “ Board ”) of Nextracker Inc. (the “ Company ”) increased the number of directors serving on the Board from nine to eleven and appointed Monica Karuturi and Mark Menezes to serve as directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852131/000185213125000028/0001852131-25-000028-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}