Nextpower (NXT) executive compensation, 2026 proxy

Daniel Shugar, Chief Executive Officer, was paid $22.2M in 2026, up 10% from $20.1M the year before. The CEO-to-median-employee pay ratio was 324:1, on median employee pay of $68,491.

Filed
July 7, 2026
Annual meeting
August 18, 2026
Pay year
2026
Named executives
5
CEO total pay
$22.2M+10% vs prior year
CEO to median employee
324:1median $68,491
CEO pay in equity
88%$19.4M in awards
CEO share awards
$16,934,598FY26 grant-date fair value
CEO option awards
$2,507,690FY26 grant-date fair value
CEO incentive cash
$1,861,750FY26 earned incentive
FY26 PSU maximum value
$9,748,708Assuming maximum performance
CFO sign-on award
$2,000,000One-time FY25 cash award

How Shugar was paid

$22.2M in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary4%Stock awards76%Option awards11%Non-equity incentive8%All other compensation0%

Named executive officers

ExecutiveTotal
Daniel ShugarChief Executive Officer$22,204,244
Howard WengerPresident$11,180,097
Charles BoyntonChief Financial Officer$9,944,537
Bruce LedesmaChief Legal and Compliance Officer$7,645,739
Nicholas (Marco) MillerChief Operating Officer$7,276,768

What changed and why

  • $22.2M$22,204,244 CEO total compensation was reported for FY26, versus $20,097,412 for FY25.
  • $16.9M$16,934,598 of CEO compensation came from share awards, including RSUs and PSUs.
  • $9.7M$9,748,708 was the CEO’s FY26 PSU grant-date value assuming maximum performance.
  • 50%50% of FY26 PSU criteria used adjusted EBITDA and 50% used adjusted FCF.
  • $2M$2,000,000 one-time sign-on cash award was reported for CFO Charles Boynton in FY25.
  • $22,822$22,822 of CEO all-other compensation represented personal use of a Company-leased aircraft.

Other Nextpower proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.