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NPWR

Net Power Inc.

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Tapewire entity
6500
SEC CIK
0001845437
Parsed reports
169

Last 12 months

Inside the activity.

0 purchase rows · 106 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 2025012
Dec 2025016
Jan 2026014
Feb 2026018
Mar 202604
Apr 202600
May 202604
Jun 202600
Jul 2026012
Aug 2026022
Sep 202604
Oct 202600

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
December 19, 2025 Filed Dec 23, 2025 22:18 UTC SaleClass A Common Stock 100,000 $2.34 $234,310.00
Disclosure

SEC source: 0001104659-25-124300 · tm2534242-1_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,450,000

F1 · price: 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 $2.305 to $2.425. 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.

F4 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
December 09, 2025 Filed Dec 11, 2025 23:01 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 40,000 $2.82 $112,940.00
Disclosure

SEC source: 0001104659-25-120367 · tm2533285-2_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,550,000

F1 · price: 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 $2.80 to $2.855. 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.

Read SEC document
December 09, 2025 Filed Dec 11, 2025 23:00 UTC SaleClass A Common Stock 40,000 $2.82 $112,940.00
Disclosure

SEC source: 0001104659-25-120366 · tm2533285-1_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,550,000

F1 · price: 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 $2.80 to $2.855. 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 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F3 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
December 08, 2025 Filed Dec 8, 2025 22:15 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 140,000 $2.81 $393,274.00
Disclosure

SEC source: 0001104659-25-119362 · tm2532961-2_4seq1.xml · nonDerivative · entry 3

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,590,000

F3 · price: 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 $2.75 to $2.87. 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.

Read SEC document
December 08, 2025 Filed Dec 8, 2025 22:14 UTC SaleClass A Common Stock 140,000 $2.81 $393,274.00
Disclosure

SEC source: 0001104659-25-119359 · tm2532961-1_4seq1.xml · nonDerivative · entry 3

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,590,000

F3 · price: 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 $2.75 to $2.87. 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.

F4 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
December 05, 2025 Filed Dec 8, 2025 22:15 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 105,000 $2.91 $305,172.00
Disclosure

SEC source: 0001104659-25-119362 · tm2532961-2_4seq1.xml · nonDerivative · entry 2

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,730,000

F2 · price: 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 $2.85 to $2.98. 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.

Read SEC document
December 05, 2025 Filed Dec 8, 2025 22:14 UTC SaleClass A Common Stock 105,000 $2.91 $305,172.00
Disclosure

SEC source: 0001104659-25-119359 · tm2532961-1_4seq1.xml · nonDerivative · entry 2

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,730,000

F2 · price: 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 $2.85 to $2.98. 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.

F4 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
December 04, 2025 Filed Dec 8, 2025 22:15 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 65,000 $2.94 $191,256.00
Disclosure

SEC source: 0001104659-25-119362 · tm2532961-2_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,835,000

F1 · price: 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 $2.885 to $3.00. 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.

Read SEC document
December 04, 2025 Filed Dec 8, 2025 22:14 UTC SaleClass A Common Stock 65,000 $2.94 $191,256.00
Disclosure

SEC source: 0001104659-25-119359 · tm2532961-1_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,835,000

F1 · price: 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 $2.885 to $3.00. 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.

F4 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 28, 2025 Filed Dec 2, 2025 22:21 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 200,000 $2.94 $587,080.00
Disclosure

SEC source: 0001104659-25-117791 · tm2532523-1_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,900,000

F1 · price: 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 $2.885 to $3.015. 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.

Read SEC document
November 28, 2025 Filed Dec 2, 2025 22:22 UTC SaleClass A Common Stock 200,000 $2.94 $587,080.00
Disclosure

SEC source: 0001104659-25-117793 · tm2532523-2_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,900,000

F1 · price: 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 $2.885 to $3.015. 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 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F3 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 21, 2025 Filed Nov 24, 2025 23:39 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 17,163 $2.50 $42,928.10
Disclosure

SEC source: 0001104659-25-115529 · tm2531990-2_4seq1.xml · nonDerivative · entry 2

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,100,000

F2 · price: 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 $2.50 to $2.505. 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.

Read SEC document
November 21, 2025 Filed Nov 24, 2025 23:36 UTC SaleClass A Common Stock 17,163 $2.50 $42,928.10
Disclosure

SEC source: 0001104659-25-115527 · tm2531990-1_4seq1.xml · nonDerivative · entry 2

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,100,000

F2 · price: 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 $2.50 to $2.505. 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 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F4 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 20, 2025 Filed Nov 24, 2025 23:39 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 132,837 $2.60 $344,990.97
Disclosure

SEC source: 0001104659-25-115529 · tm2531990-2_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,117,163

F1 · price: 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 $2.50 to $2.7406. 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.

Read SEC document
November 20, 2025 Filed Nov 24, 2025 23:36 UTC SaleClass A Common Stock 132,837 $2.60 $344,990.97
Disclosure

SEC source: 0001104659-25-115527 · tm2531990-1_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,117,163

F1 · price: 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 $2.50 to $2.7406. 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.

F3 · ownership.nature: As manager and holder of approximately 90.9% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F4 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 19, 2025 Filed Nov 19, 2025 22:45 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 250,000 $2.57 $642,000.00
Disclosure

SEC source: 0001104659-25-114214 · tm2531645-2_4seq1.xml · nonDerivative · entry 2

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,250,000

F2 · price: 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 $2.505 to $2.715. 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.

Read SEC document
November 19, 2025 Filed Nov 19, 2025 22:44 UTC SaleClass A Common Stock 250,000 $2.57 $642,000.00
Disclosure

SEC source: 0001104659-25-114213 · tm2531645-1_4seq1.xml · nonDerivative · entry 2

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,250,000

F2 · price: 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 $2.505 to $2.715. 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.

F3 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F4 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 17, 2025 Filed Nov 19, 2025 22:45 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 338,653 $2.81 $951,479.47
Disclosure

SEC source: 0001104659-25-114214 · tm2531645-2_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,500,000

F1 · price: 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 $2.76 to $2.885. 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.

Read SEC document
November 17, 2025 Filed Nov 19, 2025 22:44 UTC SaleClass A Common Stock 338,653 $2.81 $951,479.47
Disclosure

SEC source: 0001104659-25-114213 · tm2531645-1_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,500,000

F1 · price: 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 $2.76 to $2.885. 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.

F3 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F4 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:17 UTC ConversionClass A Units of NET Power Operations LLC · Derivative 2,000,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106553 · tm2530190-2_4seq1.xml · derivative · entry 5

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 20,729,880

Underlying: Class A Common Stock · 2,000,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: 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.

F3 · price: 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.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

F5 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F6 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:17 UTC OtherClass B Common Stock 2,000,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106553 · tm2530190-2_4seq1.xml · nonDerivative · entry 4

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 20,729,880

F4 · price: 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.

F5 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F6 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:17 UTC ConversionClass A Common Stock 2,000,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106553 · tm2530190-2_4seq1.xml · nonDerivative · entry 3

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,838,653

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: 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.

F5 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F6 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:17 UTC SaleClass A Common Stock 8,477 $4.00 $33,929.19
Disclosure

SEC source: 0001104659-25-106553 · tm2530190-2_4seq1.xml · nonDerivative · entry 2

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 1,838,653

F2 · price: 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.

F5 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F6 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:16 UTC
NPEH, LLC10% owner
ConversionClass A Units of NET Power Operations LLC · Derivative 2,000,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106551 · tm2530190-1_4seq1.xml · derivative · entry 5

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,729,880

Underlying: Class A Common Stock · 2,000,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: 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.

F3 · price: 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.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:16 UTC
NPEH, LLC10% owner
OtherClass B Common Stock 2,000,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106551 · tm2530190-1_4seq1.xml · nonDerivative · entry 4

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,729,880

F4 · price: 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.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:16 UTC
NPEH, LLC10% owner
ConversionClass A Common Stock 2,000,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106551 · tm2530190-1_4seq1.xml · nonDerivative · entry 3

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,838,653

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: 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.

Read SEC document
November 03, 2025 Filed Nov 5, 2025 02:16 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 8,477 $4.00 $33,929.19
Disclosure

SEC source: 0001104659-25-106551 · tm2530190-1_4seq1.xml · nonDerivative · entry 2

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,838,653

F2 · price: 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.

Read SEC document
November 02, 2025 Filed Nov 5, 2025 02:03 UTC OtherClass A Units of NET Power Operations LLC · Derivative 22,729,880 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106545 · tm2530009-1_4seq1.xml · derivative · entry 4

Beauchamp Cynda · CIK 0002079418 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Class A Common Stock · 22,729,880 shares

Expires not disclosed

F3 · derivative.exercise_price: For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date.

F2 · kind: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F2 · price: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F3 · derivative.exercise_date: For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date.

F3 · derivative.expiration_date: For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date.

F2 · ownership.nature: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F3 · ownership.nature: For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date.

Read SEC document
November 02, 2025 Filed Nov 5, 2025 02:03 UTC OtherClass B Common Stock 22,729,880 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106545 · tm2530009-1_4seq1.xml · nonDerivative · entry 3

Beauchamp Cynda · CIK 0002079418 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

F2 · kind: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F2 · price: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F2 · ownership.nature: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F3 · ownership.nature: For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date.

Read SEC document
November 02, 2025 Filed Nov 5, 2025 02:03 UTC OtherClass A Common Stock 1,847,130 Not disclosed Not disclosed
Disclosure

SEC source: 0001104659-25-106545 · tm2530009-1_4seq1.xml · nonDerivative · entry 2

Beauchamp Cynda · CIK 0002079418 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

F2 · kind: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F2 · price: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F2 · ownership.nature: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

F3 · ownership.nature: For each Class A Unit of Net Power Operations LLC, NPEH owns one corresponding share of Class B Common Stock of the Issuer. The Class A Units of NET Power Operations LLC are exchangeable (together with the cancellation of a corresponding number of shares of the Issuer's Class B Common Stock) into shares of the Issuer's Class A Common Stock on a one-for-one basis or, at the Issuer's election, cash, and have no expiration date.

Read SEC document
October 31, 2025 Filed Nov 5, 2025 02:17 UTC SaleClass A Common Stock 18,116 $4.05 $73,418.71
Disclosure

SEC source: 0001104659-25-106553 · tm2530190-2_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 1,847,130

F1 · price: 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.

F5 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F6 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
October 31, 2025 Filed Nov 5, 2025 02:16 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 18,116 $4.05 $73,418.71
Disclosure

SEC source: 0001104659-25-106551 · tm2530190-1_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,847,130

F1 · price: 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.

Read SEC document
October 31, 2025 Filed Nov 5, 2025 02:03 UTC SaleClass A Common Stock 18,116 $4.05 $73,418.71
Disclosure

SEC source: 0001104659-25-106545 · tm2530009-1_4seq1.xml · nonDerivative · entry 1

Beauchamp Cynda · CIK 0002079418 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,847,130

F1 · price: 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 · ownership.nature: The securities reported in this Form 4 are directly held by NPEH, a limited liability company of which the Reporting Person was the indirect majority owner. On November 2, 2025, the Reporting Person sold 100% of the equity interests of 8RCH, LLC, which holds 50% of the equity interests of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedoria"). Tillandsia, Areca and Chamaedorea own approximately 18.6%, 25.77% and 24.11%, respectively, of the voting units of 8 Rivers Capital, LLC ("8 Rivers"). 8 Rivers is the manager and owns approximately 91.4% of NPEH.

Read SEC document
October 30, 2025 Filed Oct 30, 2025 23:39 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 107,754 $4.04 $435,067.55
Disclosure

SEC source: 0001104659-25-104537 · tm2529849-2_4seq1.xml · nonDerivative · entry 3

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,865,246

F3 · price: 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 $4.105. 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.

Read SEC document
October 30, 2025 Filed Oct 30, 2025 23:38 UTC SaleClass A Common Stock 107,754 $4.04 $435,067.55
Disclosure

SEC source: 0001104659-25-104536 · tm2529849-1_4seq1.xml · nonDerivative · entry 3

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 1,865,246

F3 · price: 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 $4.105. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
October 29, 2025 Filed Oct 30, 2025 23:39 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 786,832 $4.12 $3,239,072.61
Disclosure

SEC source: 0001104659-25-104537 · tm2529849-2_4seq1.xml · nonDerivative · entry 2

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,973,000

F2 · price: 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 $3.72 to $4.315. 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.

Read SEC document
October 29, 2025 Filed Oct 30, 2025 23:38 UTC SaleClass A Common Stock 786,832 $4.12 $3,239,072.61
Disclosure

SEC source: 0001104659-25-104536 · tm2529849-1_4seq1.xml · nonDerivative · entry 2

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 1,973,000

F2 · price: 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 $3.72 to $4.315. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

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October 28, 2025 Filed Oct 30, 2025 23:39 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 7,585 $3.77 $28,591.66
Disclosure

SEC source: 0001104659-25-104537 · tm2529849-2_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,759,832

F1 · price: 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 $3.72 to $3.78. 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.

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October 28, 2025 Filed Oct 30, 2025 23:38 UTC SaleClass A Common Stock 7,585 $3.77 $28,591.66
Disclosure

SEC source: 0001104659-25-104536 · tm2529849-1_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,759,832

F1 · price: 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 $3.72 to $3.78. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

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October 27, 2025 Filed Oct 27, 2025 23:55 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 200,000 $3.77 $753,240.00
Disclosure

SEC source: 0001104659-25-102684 · tm2529510-2_4seq1.xml · nonDerivative · entry 3

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,767,417

F3 · price: 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 $3.705 to $3.85. 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.

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October 27, 2025 Filed Oct 27, 2025 23:54 UTC SaleClass A Common Stock 200,000 $3.77 $753,240.00
Disclosure

SEC source: 0001104659-25-102683 · tm2529510-1_4seq1.xml · nonDerivative · entry 3

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,767,417

F3 · price: 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 $3.705 to $3.85. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

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October 24, 2025 Filed Oct 27, 2025 23:55 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 32,583 $3.70 $120,684.17
Disclosure

SEC source: 0001104659-25-102684 · tm2529510-2_4seq1.xml · nonDerivative · entry 2

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,967,417

F2 · price: 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 $3.70 to $3.725. 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.

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October 24, 2025 Filed Oct 27, 2025 23:54 UTC SaleClass A Common Stock 32,583 $3.70 $120,684.17
Disclosure

SEC source: 0001104659-25-102683 · tm2529510-1_4seq1.xml · nonDerivative · entry 2

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 2,967,417

F2 · price: 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 $3.70 to $3.725. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

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October 23, 2025 Filed Oct 27, 2025 23:55 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 284,100 $3.69 $1,048,357.41
Disclosure

SEC source: 0001104659-25-102684 · tm2529510-2_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,000,000

F1 · price: 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 $3.33 to $4.05. 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.

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October 23, 2025 Filed Oct 27, 2025 23:54 UTC SaleClass A Common Stock 284,100 $3.69 $1,048,357.41
Disclosure

SEC source: 0001104659-25-102683 · tm2529510-1_4seq1.xml · nonDerivative · entry 1

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,000,000

F1 · price: 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 $3.33 to $4.05. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
October 22, 2025 Filed Oct 23, 2025 00:52 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 89,000 $3.31 $294,331.90
Disclosure

SEC source: 0001104659-25-101627 · tm2529224-1_4seq1.xml · nonDerivative · entry 3

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,284,100

F3 · price: 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 $3.225 to $3.365. 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.

Read SEC document
October 22, 2025 Filed Oct 23, 2025 00:55 UTC SaleClass A Common Stock 89,000 $3.31 $294,331.90
Disclosure

SEC source: 0001104659-25-101628 · tm2529224-2_4seq1.xml · nonDerivative · entry 3

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,284,100

F3 · price: 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 $3.225 to $3.365. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
October 21, 2025 Filed Oct 23, 2025 00:52 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 189,300 $3.53 $668,361.51
Disclosure

SEC source: 0001104659-25-101627 · tm2529224-1_4seq1.xml · nonDerivative · entry 2

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,373,100

F2 · price: 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 $3.51 to $3.5775. 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.

Read SEC document
October 21, 2025 Filed Oct 23, 2025 00:55 UTC SaleClass A Common Stock 189,300 $3.53 $668,361.51
Disclosure

SEC source: 0001104659-25-101628 · tm2529224-2_4seq1.xml · nonDerivative · entry 2

8 Rivers Capital, LLC · CIK 0001981100 · 10% owner

BEAUCHAMP DAMIAN R. · CIK 0001973442 · 10% owner

Beauchamp Cynda · CIK 0002079418 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: NPEH, LLC

Disclosed balance after: 3,373,100

F2 · price: 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 $3.51 to $3.5775. 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.

F4 · ownership.nature: As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.

F5 · ownership.nature: Damian R. Beauchamp ("Mr. Beauchamp") and Cynda Beauchamp ("Mrs. Beauchamp") are married and each independently indirectly owns approximately 34.2% of 8 Rivers. Accordingly, each may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his or her pecuniary interest therein. Mr. and Mrs. Beauchamp disclaim beneficial ownership of any such securities, except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. or Mrs. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Read SEC document
October 20, 2025 Filed Oct 23, 2025 00:52 UTC
NPEH, LLC10% owner
SaleClass A Common Stock 201,000 $3.58 $719,258.40
Disclosure

SEC source: 0001104659-25-101627 · tm2529224-1_4seq1.xml · nonDerivative · entry 1

NPEH, LLC · CIK 0001981772 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,562,400

F1 · price: 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 $3.51 to $3.72. 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.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.