Form 4: Net Power Inc. Director Receives Stock in Lieu of Cash

Director Joseph T. Kelliher received 9,934 shares of Class A common stock from Net Power Inc. in lieu of cash for his services as a director.

Summary

• On April 9, 2025, Joseph T. Kelliher, a director of Net Power Inc., acquired 9,934 shares of Class A common stock.
• The shares were received in lieu of cash as payment for his services as a director.
• Following the transaction, Kelliher directly owns 30,103 shares of Class A common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction of director compensation. The director taking stock instead of cash could be seen as a positive sign of confidence in the company.

Positives

• The acceptance of stock in lieu of cash by a director demonstrates confidence in the company's future prospects.

Industry Context

Directors receiving stock compensation is a common practice, aligning their interests with those of shareholders.

Comparison to Industry Standards

• Stock compensation for board members is a common practice across various industries, particularly in growth-oriented companies.
• Companies like Tesla and Amazon have used stock options and grants extensively to compensate executives and directors, aligning their interests with long-term shareholder value.
• The amount of stock compensation varies widely depending on the company's size, industry, and performance.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Director, Stock, Net Power Inc., Compensation, Class A Common Stock, Ownership, NPWR