4//SEC Filing
NPEH, LLC 4
Accession 0001104659-25-106551
CIK 0001845437other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:16 PM ET
Size
13.1 KB
Accession
0001104659-25-106551
Insider Transaction Report
Form 4
NET Power Inc.NPWR
NPEH, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2025-11-03+2,000,000→ 3,838,653 total - Conversion
Class A Units of NET Power Operations LLC
2025-11-03−2,000,000→ 20,729,880 total→ Class A Common Stock (2,000,000 underlying) - Sale
Class A Common Stock
2025-11-03$4.00/sh−8,477$33,929→ 1,838,653 total - Sale
Class A Common Stock
2025-10-31$4.05/sh−18,116$73,419→ 1,847,130 total - Other
Class B Common Stock
2025-11-03−2,000,000→ 20,729,880 total
Footnotes (4)
- [F1]The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $4.05 to $4.06. NPEH, LLC ("NPEH") will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $4.00 to $4.01. NPEH will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]The Class A Units of NET Power Operations LLC are exchangeable into shares of the Issuer's Class A Common Stock or, at the Issuer's election, cash, on a one-for-one basis and have no expiration date. On November 03, 2025, NPEH exchanged 2,000,000 Class A Units of NET Power Operations LLC for 2,000,000 shares of the Issuer's Class A Common Stock.
- [F4]For each Class A Unit of Net Power Operations LLC, NPEH owns a corresponding share of Class B Common Stock of the Issuer. Upon the exchange of 2,000,000 Class A Units of Net Power Operations LLC, an equal number of shares of Class B Common Stock of the Issuer held by NPEH, which have no economic value, were cancelled.
Documents
Issuer
NET Power Inc.
CIK 0001845437
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001981772
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 9:16 PM ET
- Size
- 13.1 KB