Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-08-19

Nextpower (NXT)

Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$22,204,244
Daniel Shugar total, FY2026
78th
CEO pay percentile vs peers
324:1
CEO-to-median pay ratio
93.48%
Say-on-pay support, latest vote
Companies that benchmark against NXT
3 companies name NXT as a compensation peer

Each company listed discloses NXT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NXT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Daniel Shugar$863,000$0$16,934,598$2,507,690$1,861,750$0$37,206$22,204,244
Chief Executive Officer & Director
Howard Wenger581,73108,467,2331,253,829862,920014,38411,180,097
President & Director
Charles Boynton600,00008,467,2330862,920014,3849,944,537
Chief Financial Officer
Bruce Ledesma505,00005,644,866835,897645,592014,3847,645,739
Chief Legal and Compliance Officer & Secretary
Nicholas Miller440,38505,503,662814,967503,370014,3847,276,768
Chief Operating Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
Daniel Shugar$22,204,244$20,097,412$20,725,590+2,106,832
Howard Wenger11,180,09710,765,96110,663,437+414,136
Charles Boynton9,944,53718,743,621−8,799,084
Bruce Ledesma7,645,7396,940,5037,551,810+705,236
Nicholas Miller7,276,7686,258,5125,594,656+1,018,256

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2026 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Lindsey Roon WiedmannChief Legal & Compliance Off.2026-07-20A13,898$0$0CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Bruce LedesmaPSU2025-05-2321,36742,73542,735128,205$3,249,569
Bruce LedesmaRSU2025-05-2342,7352,395,297
Howard WengerPSU2025-05-2332,05164,10264,102192,3064,874,316
Howard WengerOPTION2025-05-2338,4611,253,829
Bruce LedesmaOPTION2025-05-2325,641835,897
Charles BoyntonRSU2025-05-2364,1023,592,917
Bruce LedesmaRSU2025-05-2341,6662,335,379
Bruce LedesmaOPTION2025-05-2324,999814,967
Daniel ShugarRSU2025-05-23128,2057,185,890
Howard WengerRSU2025-05-2364,1023,592,917
Charles BoyntonPSU2025-05-2332,05164,10264,102192,3064,874,316
Bruce LedesmaPSU2025-05-2320,83341,66641,666124,9983,168,283
Daniel ShugarPSU2025-05-2364,102128,205128,205384,6159,748,708
Daniel ShugarOPTION2025-05-2376,9232,507,690
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Bruce Ledesma$4,730,676$6,417,852$1,650,86450.1%
Howard Wenger3,592,9174,874,3161,253,82950.1%
Charles Boynton3,592,9174,874,316057.6%
Daniel Shugar7,185,8909,748,7082,507,69050.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Charles BoyntonRSU82,637$9,961,876
Daniel ShugarRSU93,98211,329,530
Howard WengerRSU152,44018,376,642
Bruce LedesmaRSU101,62612,251,014
Bruce LedesmaRSU31,3283,776,590
Nicholas MillerRSU76,2209,188,321
Howard WengerPSU76,2209,188,321
Howard WengerRSU46,9915,664,765
Bruce LedesmaPSU50,8136,125,507
Nicholas MillerPSU38,1104,594,161
Nicholas MillerRSU29,3703,540,554
Bruce LedesmaPSU22,3772,697,487
Bruce LedesmaRSU20,3262,450,299
Charles BoyntonPSU32,6373,934,390
Daniel ShugarPSU142,91217,228,042
Daniel ShugarRSU57,1656,891,241
Howard WengerRSU84,98710,245,132
Nicholas MillerRSU41,6665,022,836
Nicholas MillerPSU20,9782,528,898
Daniel ShugarRSU169,97320,490,264
Howard WengerRSU30,4883,675,328
Howard WengerPSU33,5654,046,261
Daniel ShugarPSU67,1308,092,522
Charles BoyntonRSU64,1027,727,496
Howard WengerRSU64,1027,727,496
Daniel ShugarRSU128,20515,455,113
Daniel ShugarRSU285,82434,456,083
Nicholas MillerRSU53,1166,403,169
Charles BoyntonRSU45,6925,508,171
Bruce LedesmaRSU42,7355,151,704
Nicholas MillerRSU15,2441,837,664
Charles BoyntonRSU94,75711,422,956
Bruce LedesmaRSU56,6576,830,037
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation philosophy is driven by our pay-for-performance culture, which incentivizes the achievement of a balanced set of performance objectives with respect to Nextpower through the implementation of the following objectives: Drive business success, Pay meaningfully aligned to performance, Attract, retain and motivate superior talent, Aligning compensation with stockholder interests, Peer group analysis.

CEO STI target (% of salary)135%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-08-18126,004,3208,785,2391,619,39193.48%Passed
20252025-08-18102,259,63224,905,312118,54880.41%Passed
20242024-08-19107,075,31418,549,60485,30585.23%Passed
20232023-09-20132,559,4492,551,18721,15398.11%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-08-1893.48%a
20252025-08-1880.41%b
20242024-08-1985.23%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “What is the Effect of Abstentions, Votes to Withhold and Broker Non-Votes? Abstentions: Under Delaware law (under which we are incorporated), abstentions are counted as shares present and entitled to vote at the Annual Meeting, but they are not counted as shares cast.”.

c. Approved under the standard stated in the filing — “What is the Effect of Abstentions, Votes to Withhold and Broker Non-Votes? Abstentions: Under Delaware law (under which we are incorporated), abstentions are counted as shares present and entitled to vote at the Annual Meeting, but they are not counted as shares cast.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)324 : 1
CEO total compensation$22,204,244
Median employee compensation$68,491
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brandi ThomasIndependent$111,875$250,000$0$0$0$361,875
Willy ShihIndependent100,625250,000000350,625
Julie BlundenIndependent93,750250,000000343,750
Monica KaruturiIndependent62,227275,479000337,706
Mark MenezesIndependent60,136275,479000335,615
Jeffrey GuldnerIndependent75,625250,000000325,625
09

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$250,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 15,000
Stock ownership guideline5x total annual cash retainer for Board and committee service
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$504,238
Equity awards (grant-date value)$1,550,958
All other compensation$0
Total cost of the board$2,055,196

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Nextpower names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Nextpower.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Okta, Inc.2026Todd McKinnon$595,233$35,684,266$0$561,719$36,843,718
2Skyworks Solutions, Inc.2025Liam Griffin745,67510,416,7300024,717,041
3F5, Inc.2025François Locoh-Donou962,00020,642,85201,398,42123,039,819
4Nextpower2026Daniel Shugar863,00016,934,5982,507,6901,861,75022,204,244
5NetApp, Inc.2026George Kurian1,000,00019,552,87201,597,57522,157,635
6Trimble Inc.2025Robert Painter950,00013,311,8642,230,6372,633,44319,129,944
7Pure Storage, Inc.2026Charles Giancarlo850,00016,011,70801,568,25018,434,966
8Keysight Technologies, Inc.2025Satish Dhanasekaran933,00015,345,17601,575,47318,020,109
9EnerSys2026David Shaffer154,0157,704,8165,988,878258,79814,288,481
10Juniper Networks, Inc.2024Rami Rahim1,000,00010,718,7360875,00012,696,193
11Enphase Energy, Inc.2025Badrinarayanan Kothandaraman450,0008,844,6240306,7529,601,958
12Sunrun Inc.2025Mary Powell850,0005,767,49001,698,3008,331,132
13First Solar, Inc.2025Mark Widmar1,021,5355,500,03201,603,0388,138,605
14Fluence Energy, Inc.2025Julian Nebreda965,0004,400,0301,100,001425,7636,909,044
15Array Technologies, Inc.2025Kevin Hostetler869,1354,776,33401,126,5636,803,799
16Sunnova Energy International Inc.2023William Berger620,833489,6454,000,000734,4685,865,040
17SolarEdge Technologies, Inc.2025Yehoshua Shuki Nir725,6673,460,8350746,9685,061,438
18Resideo Technologies, Inc.2025Jay Geldmacher1,066,000001,622,9852,714,465
19Dropbox, Inc.2025Andrew Houston800,00000750,4002,166,622
nVent Electric plcnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Nextpower159.8%PSU 40 · RSU 40 · Options 20Yes — Three-year Relative TSRMeridian Compensation Partners, LLC
Array Technologies, Inc.103%RSU 50 · PSU 50NoPay Governance
Dropbox, Inc.107.3%RSU 100not disclosedCompensia
EnerSys141.5%Options 50 · RSU 50not disclosedFrederic W. Cook & Co., Inc.
Enphase Energy, Inc.68.2%PSU 67 · RSU 33Yes — Relative TSR vs. S&P 500Compensia
F5, Inc.111.8%PSU 64 · RSU 36Yes — relative TSRCompensia
First Solar, Inc.113%RSU 75 · PSU 25NoWTW
Fluence Energy, Inc.36%PSU 40 · RSU 40 · Options 20NoPay Governance
Juniper Networks, Inc.100%PSU 50 · RSU 50NoCompensia, Inc.
Keysight Technologies, Inc.114.09%PSU 60 · RSU 40Yes — 3-Year Relative TSRMeridian Compensation Partners LLC
NetApp, Inc.89.5%PSU 75 · RSU 25Yes — Relative TSRMeridian Compensation Partners, LLC
nVent Electric plcnot disclosednot disclosednot disclosednot disclosed
Okta, Inc.98.7%PSU 60 · RSU 40Yes — TSR relative to the TSR of the IndexCompensia
Pure Storage, Inc.not disclosednot disclosednot disclosednot disclosed
Resideo Technologies, Inc.101.5%PSU 50 · RSU 50NoFW Cook
Skyworks Solutions, Inc.206%PSU 60 · RSU 40Yes — TSR Percentile RankingAon
SolarEdge Technologies, Inc.86.2%PSU 50 · RSU 50NoFrederic W. Cook & Co., Inc.
Sunnova Energy International Inc.126%Options 100not disclosedPearl Meyer
Sunrun Inc.133.2%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners
Trimble Inc.138.6%PSU 60 · RSU 25 · Options 15Yes — Total Shareholder Return (TSR) relative to S&P 500Mercer (US) LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Daniel ShugarDEF 14A2026-07-070001852131-26-000038Section “Summary Compensation Table”. As printed: 22,204,244. Filing ↗machine: r5 · c27 · span 968088–968098
2Section 01, Howard WengerDEF 14A2026-07-070001852131-26-000038Section “Summary Compensation Table”. As printed: 11,180,097. Filing ↗machine: r10 · c27 · span 976174–976184
3Section 01, Charles BoyntonDEF 14A2026-07-070001852131-26-000038Section “Summary Compensation Table”. As printed: 9,944,537. Filing ↗machine: r15 · c27 · span 984264–984273
4Section 01, Bruce LedesmaDEF 14A2026-07-070001852131-26-000038Section “Summary Compensation Table”. As printed: 7,645,739. Filing ↗machine: r19 · c27 · span 990098–990107
5Section 01, Nicholas MillerDEF 14A2026-07-070001852131-26-000038Section “Summary Compensation Table”. As printed: 7,276,768. Filing ↗machine: r24 · c27 · span 998196–998205
6Section 03, Bruce Ledesma PSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r25 · c24 · span 1100040–1100049
7Section 03, Bruce Ledesma RSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r26 · c23 · span 1104336–1104345
8Section 03, Howard Wenger PSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r14 · c24 · span 1067966–1067975
9Section 03, Howard Wenger OPTIONDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r16 · c23 · span 1076392–1076401
10Section 03, Bruce Ledesma OPTIONDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r27 · c23 · span 1108466–1108473
11Section 03, Charles Boynton RSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r21 · c23 · span 1090365–1090374
12Section 03, Bruce Ledesma RSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 03, Bruce Ledesma OPTIONDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
14Section 03, Daniel Shugar RSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r9 · c23 · span 1053284–1053293
15Section 03, Howard Wenger RSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r15 · c23 · span 1072262–1072271
16Section 03, Charles Boynton PSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r20 · c24 · span 1086069–1086078
17Section 03, Bruce Ledesma PSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
18Section 03, Daniel Shugar PSUDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r8 · c24 · span 1048987–1048996
19Section 03, Daniel Shugar OPTIONDEF 14A2026-07-070001852131-26-000038Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t181 · r10 · c23 · span 1058219–1058228
20Section 07, pay ratioDEF 14A2026-07-070001852131-26-000038Section “CEO Pay Ratio”. As printed: 324 : 1. Filing ↗machine: span 1540961–1540964
21Section 08, Brandi ThomasDEF 14A2026-07-070001852131-26-000038Section “Director Compensation”. As printed: 361,875. Filing ↗machine: t223 · r9 · c5 · span 1579358–1579365
22Section 08, Willy ShihDEF 14A2026-07-070001852131-26-000038Section “Director Compensation”. As printed: 350,625. Filing ↗machine: t223 · r8 · c5 · span 1578028–1578035
23Section 08, Julie BlundenDEF 14A2026-07-070001852131-26-000038Section “Director Compensation”. As printed: 343,750. Filing ↗machine: t223 · r4 · c5 · span 1572379–1572386
24Section 08, Monica KaruturiDEF 14A2026-07-070001852131-26-000038Section “Director Compensation”. As printed: 337,706. Filing ↗machine: t223 · r6 · c5 · span 1575191–1575198
25Section 08, Mark MenezesDEF 14A2026-07-070001852131-26-000038Section “Director Compensation”. As printed: 335,615. Filing ↗machine: t223 · r7 · c5 · span 1576701–1576708
26Section 08, Jeffrey GuldnerDEF 14A2026-07-070001852131-26-000038Section “Director Compensation”. As printed: 325,625. Filing ↗machine: t223 · r5 · c5 · span 1573678–1573685
27Section 02, Lindsey Roon Wiedmann 2026-07-20Form 42026-07-200000950103-26-010845Insider equity transaction reported since the proxy statement. Filing ↗
28Section 06, 2026 voteForm 8-K2026-08-190001852131-26-000052Item 5.07 · say-on-pay result. As reported: 93.48% (votes for as printed: 126,004,320). Filing ↗
29Section 06, 2025 voteForm 8-K2025-08-180001852131-25-000053Item 5.07 · say-on-pay result. As reported: 80.41% (votes for as printed: 102,259,632). Filing ↗
30Section 06, 2024 voteForm 8-K2024-08-190001852131-24-000018Item 5.07 · say-on-pay result. As reported: 85.23% (votes for as printed: 107,075,314). Filing ↗
31Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
32Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
33Section 09b board cost (computed)ComputedcomputedCash 504,238 + equity 1,550,958 + all other 0 = 2,055,196, summed across the director compensation table rows.machine: formula: Σ = 2,055,196
34Okta, Inc., Section 10b CEO totalDEF 14A2026-05-070001660134-26-000036CEO total compensation as printed in Okta, Inc.'s own proxy. As printed: 36,843,718. Filing ↗machine: r2 · c18 · span 710081–710091
35Skyworks Solutions, Inc., Section 10b CEO totalDEF 14A2026-04-030001104659-26-039476CEO total compensation as printed in Skyworks Solutions, Inc.'s own proxy. As printed: 24,717,041. Filing ↗machine: r16 · c19 · span 958870–958880
36F5, Inc., Section 10b CEO totalDEF 14A2026-01-260001048695-26-000012CEO total compensation as printed in F5, Inc.'s own proxy. As printed: 23,039,819. Filing ↗machine: r3 · c8 · span 2148428–2148438
37Nextpower (subject), Section 10b CEO totalDEF 14A2026-07-070001852131-26-000038CEO total compensation as printed in Nextpower's own proxy. As printed: 22,204,244. Filing ↗machine: r5 · c27 · span 968088–968098
38NetApp, Inc., Section 10b CEO totalDEF 14A2026-07-280001193125-26-321210CEO total compensation as printed in NetApp, Inc.'s own proxy. As printed: 22,157,635. Filing ↗machine: r2 · c27 · span 1816914–1816924
39Trimble Inc., Section 10b CEO totalDEF 14A2026-04-090000864749-26-000042CEO total compensation as printed in Trimble Inc.'s own proxy. As printed: 19,129,944. Filing ↗machine: r3 · c30 · span 695230–695240
40Pure Storage, Inc., Section 10b CEO totalDEF 14A2026-05-010001474432-26-000041CEO total compensation as printed in Pure Storage, Inc.'s own proxy. As printed: 18,434,966. Filing ↗machine: t123 · r2 · c12 · span 762824–762834
41Keysight Technologies, Inc., Section 10b CEO totalDEF 14A2026-01-260001140361-26-002381CEO total compensation as printed in Keysight Technologies, Inc.'s own proxy. As printed: 18,020,109. Filing ↗machine: r2 · c28 · span 1994587–1994597
42EnerSys, Section 10b CEO totalDEF 14A2026-07-020001193125-26-294512CEO total compensation as printed in EnerSys's own proxy. As printed: 14,288,481. Filing ↗machine: span 742207–742217
43Juniper Networks, Inc., Section 10b CEO totalDEF 14A2025-04-160001104659-25-035489CEO total compensation as printed in Juniper Networks, Inc.'s own proxy. As printed: 12,696,193. Filing ↗machine: r1 · c48 · span 1248796–1248806
44Enphase Energy, Inc., Section 10b CEO totalDEF 14A2026-04-010001463101-26-000026CEO total compensation as printed in Enphase Energy, Inc.'s own proxy. As printed: 9,601,958. Filing ↗machine: span 731757–731766
45Sunrun Inc., Section 10b CEO totalDEF 14A2026-04-150001469367-26-000029CEO total compensation as printed in Sunrun Inc.'s own proxy. As printed: 8,331,132. Filing ↗machine: r3 · c24 · span 715556–715566
46First Solar, Inc., Section 10b CEO totalDEF 14A2026-04-020001274494-26-000096CEO total compensation as printed in First Solar, Inc.'s own proxy. As printed: 8,138,605. Filing ↗machine: r2 · c36 · span 626954–626963
47Fluence Energy, Inc., Section 10b CEO totalDEF 14A2026-01-260001140361-26-002380CEO total compensation as printed in Fluence Energy, Inc.'s own proxy. As printed: 6,909,044. Filing ↗machine: r2 · c25 · span 1396025–1396034
48Array Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-070001140361-26-013682CEO total compensation as printed in Array Technologies, Inc.'s own proxy. As printed: 6,803,799. Filing ↗machine: t254 · r2 · c22 · span 1316076–1316085
49Sunnova Energy International Inc., Section 10b CEO totalDEF 14A2024-04-040001772695-24-000049CEO total compensation as printed in Sunnova Energy International Inc.'s own proxy. As printed: 5,865,040. Filing ↗machine: span 634076–634085
50SolarEdge Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-230001178913-26-002197CEO total compensation as printed in SolarEdge Technologies, Inc.'s own proxy. As printed: 5,061,438. Filing ↗machine: t241 · r1 · c6 · span 668014–668023
51Resideo Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-220001140361-26-016160CEO total compensation as printed in Resideo Technologies, Inc.'s own proxy. As printed: 2,714,465. Filing ↗machine: t196 · r2 · c28 · span 1411904–1411913
52Dropbox, Inc., Section 10b CEO totalDEF 14A2026-04-070001467623-26-000020CEO total compensation as printed in Dropbox, Inc.'s own proxy. As printed: 2,166,622. Filing ↗machine: span 785543–785552
53Section 10a, Array Technologies, Inc. reciprocityDEF 14A0001140361-26-013682Array Technologies, Inc. names Nextpower in its own disclosed peer group (read from its most recent proxy). Filing ↗
54Section 10a, Fluence Energy, Inc. reciprocityDEF 14A0001140361-26-002380Fluence Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
55Section 10a, Resideo Technologies, Inc. reciprocityDEF 14A0001140361-26-016160Resideo Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
56Section 10a, Enphase Energy, Inc. reciprocityDEF 14A0001463101-26-000026Enphase Energy, Inc. names Nextpower in its own disclosed peer group (read from its most recent proxy). Filing ↗
57Section 10a, NetApp, Inc. reciprocityDEF 14A0001193125-26-321210NetApp, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
58Section 10a, Sunnova Energy International Inc. reciprocityDEF 14A0001772695-24-000049Sunnova Energy International Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
59Section 10a, Skyworks Solutions, Inc. reciprocityDEF 14A0001104659-26-039476Skyworks Solutions, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
60Section 10a, Sunrun Inc. reciprocityDEF 14A0001469367-26-000029Sunrun Inc. names Nextpower in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, F5, Inc. reciprocityDEF 14A0001048695-26-000012F5, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
62Section 10a, Okta, Inc. reciprocityDEF 14A0001660134-26-000036Okta, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
63Section 10a, Dropbox, Inc. reciprocityDEF 14A0001467623-26-000020Dropbox, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
64Section 10a, EnerSys reciprocityDEF 14A0001193125-26-294512EnerSys's most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
65Section 10a, Juniper Networks, Inc. reciprocityDEF 14A0001104659-25-035489Juniper Networks, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
66Section 10a, Pure Storage, Inc. reciprocityDEF 14A0001474432-26-000041Pure Storage, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
67Section 10a, Trimble Inc. reciprocityDEF 14A0000864749-26-000042Trimble Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗
68Section 10a, First Solar, Inc. reciprocityDEF 14A0001274494-26-000096First Solar, Inc.'s most recent proxy was read; its disclosed peer group does not include Nextpower. Filing ↗