Sunnova Energy International (NOVA) executive Berger acquired 238,098 shares
Insider transactions reported
William J Berger (executive at Sunnova Energy International Inc., NOVA) reported that they acquired 238,098 shares, and gave up 64,084 shares at $0.33 to cover taxes or an exercise price on Mar 17, 2025. After these transactions the filing shows 583,059 shares held directly.
- Reporting person
- Berger William J
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 17, 2025 | Exercise or conversion of a derivative (M) | Common Stock1 | +238,098 | - | - | 647,143 direct |
| Mar 17, 2025 | Shares withheld for taxes or exercise price (F) | Common Stock2 | -64,084 | $0.33 | $21.1K | 583,059 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 17, 2025 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 238,098 Common Stock1, 4 | -238,098 | - | - | 0 direct |
Holdings before and after
- Common Stock: 409,045 to 583,059 direct
- Restricted Stock Units: 238,098 to 0 direct
Other positions listed
- Common Stock: 24,100 indirect, See Footnote
Footnotes from the filing
- 1. Each Restricted Stock Unit ( RSU ) represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ( Common Stock ).
- 2. The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax obligations upon vesting March 17, 2025 and further settlement.
- 3. Such shares of Common Stock are held in an IRA under the reporting person's spouse.
- 4. The remainder of the RSUs vesting associated with this July 29, 2019 grant has been accelerated, which is the number of restricted stock units that would have vested under the applicable award had Mr. Berger remained employed by the Company through July 29, 2026. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Berger report in this NOVA Form 4?
William J Berger (executive at Sunnova Energy International Inc., NOVA) reported that they acquired 238,098 shares, and gave up 64,084 shares at $0.33 to cover taxes or an exercise price on Mar 17, 2025. After these transactions the filing shows 583,059 shares held directly.
How many NOVA shares does Berger hold after this filing?
The filing shows 583,059 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for NOVA
Earlier insider filings at NOVA
- Market cap
- 30-day
- Sector
- Utilities
- Industry
- Power Generation
- Listed since
- 2019
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