Registered owners 8 rivers capital and beauchamp sold a total of 295,220 shares of NET Power Inc. Class A Common Stock (NYSE: NPWR) over a three-day span from January 26 through January 28, according to a Form 4 filing with the Securities and Exchange Commission.
The disposition was executed in three separate transactions, each recorded with transaction code "S." Trade prices for the individual sales ranged from $2.3549 to $2.3837 per share, producing combined gross proceeds of $699,926.
Earnings and strategic update
In related company news, NET Power Inc. reported its third-quarter results for 2025, disclosing an earnings per share (EPS) loss of $5.28. That outcome fell well short of the consensus forecasted EPS of -$0.13.
Alongside the unexpected financial results, NET Power announced a strategic shift toward post-combustion carbon capture technology. The company described the pivot as a move it intends to leverage for long-term growth within the clean energy sector. The announcement was framed as a notable change in NET Power's operational focus.
The combination of an earnings shortfall and the stated strategy change has attracted attention from investors and analysts. While the financial performance was below expectations, the company characterized the strategic pivot as a potential new direction.
Context and note on disclosures
The Form 4 filing documents the insider sales and the SEC record shows the transactions occurred at the prices and dates noted. The company-released financials and strategic statement describe the EPS result and the move toward post-combustion carbon capture, and those items are reflected in the reporting here.
Readers should note that this article reports on the filing data and the company disclosure as presented; it does not include additional projections or evaluations beyond those statements.