AI assistant
NET Power Inc. — Director's Dealing 2025
Nov 5, 2025
33525_dirs_2025-11-04_0f049fa8-b606-45bf-a087-c8c93f205c1c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NET Power Inc. (NPWR)
CIK: 0001845437
Period of Report: 2025-10-31
Reporting Person: NPEH, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | Class A Common Stock | S | 18116 | $4.0527 | Disposed | 1847130 | Direct |
| 2025-11-03 | Class A Common Stock | S | 8477 | $4.0025 | Disposed | 1838653 | Direct |
| 2025-11-03 | Class A Common Stock | C | 2000000 | — | Acquired | 3838653 | Direct |
| 2025-11-03 | Class B Common Stock | J | 2000000 | — | Disposed | 20729880 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-11-03 | Class A Units of NET Power Operations LLC | $ | C | 2000000 | Disposed | Class A Common Stock (2000000) | Direct |
Footnotes
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.