<SEC-DOCUMENT>0000950103-25-006528.txt : 20250528
<SEC-HEADER>0000950103-25-006528.hdr.sgml : 20250528
<ACCEPTANCE-DATETIME>20250528202043
ACCESSION NUMBER:		0000950103-25-006528
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250523
FILED AS OF DATE:		20250528
DATE AS OF CHANGE:		20250528

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Miller Nicholas Marco
		CENTRAL INDEX KEY:			0001962163
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41617
		FILM NUMBER:		25997230

	MAIL ADDRESS:	
		STREET 1:		6200 PASEO PADRE PARKWAY
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94555

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Nextracker Inc.
		CENTRAL INDEX KEY:			0001852131
		STANDARD INDUSTRIAL CLASSIFICATION:	SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		6200 PASEO PADRE PARKWAY
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94555
		BUSINESS PHONE:		510-270-2500

	MAIL ADDRESS:	
		STREET 1:		6200 PASEO PADRE PARKWAY
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94555

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Nextracker LLC
		DATE OF NAME CHANGE:	20220215

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Nextracker Inc.
		DATE OF NAME CHANGE:	20210318
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>dp229350_4-miller.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <periodOfReport>2025-05-23</periodOfReport>

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    <issuer>
        <issuerCik>0001852131</issuerCik>
        <issuerName>Nextracker Inc.</issuerName>
        <issuerTradingSymbol>NXT</issuerTradingSymbol>
    </issuer>

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        <reportingOwnerId>
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            <rptOwnerName>Miller Nicholas Marco</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O NEXTRACKER INC.</rptOwnerStreet1>
            <rptOwnerStreet2>6200 PASEO PADRE PARKWAY</rptOwnerStreet2>
            <rptOwnerCity>FREMONT</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94555</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Operating Officer</officerTitle>
            <otherText></otherText>
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    <derivativeTable>
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            <securityTitle>
                <value>Stock Option (Right to Buy)</value>
            </securityTitle>
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                <value>2025-05-23</value>
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    <footnotes>
        <footnote id="F1">Reflects an award of restricted stock units (&quot;RSUs&quot;) granted to the Reporting Person on May 23, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 30% on May 23, 2026, 30% on May 23, 2027, and 40% on May 23, 2028, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances.</footnote>
        <footnote id="F2">Each earned PSU reflects the right to receive one share of the Issuer's common stock upon satisfaction of the applicable vesting conditions.</footnote>
        <footnote id="F3">Reflects performance stock units (&quot;PSUs&quot;), originally granted to the Reporting Person on May 21, 2024, which were initially earned upon certification by the Board of Directors of the Issuer on May 23, 2025 of the level of achievement of the financial performance metrics applicable to the PSUs for the performance period from April 1, 2024 to March 31, 2025. The PSUs remain subject to an rTSR modifier performance metric for the performance period from April 1, 2024 to March 31, 2027, pursuant to which the number of shares earned based on achievement of the financial performance metrics can be adjusted between 75% - 150%.</footnote>
        <footnote id="F4">The amount reported herein reflects 75% of the number of PSUs earned based on achievement of the financial performance metrics, which is the minimum amount of PSUs that will be earned and eligible to vest at the end of the three-year performance period, subject generally to the Reporting Person's continued employment with the Issuer through such date.</footnote>
        <footnote id="F5">Following the certification of the third tranche of PSUs that were granted on April 6, 2022, the PSUs settled in shares of the Issuer's common stock.</footnote>
        <footnote id="F6">Reflects the number of shares required to be sold pursuant to a &quot;sell-to-cover&quot; transaction in order to satisfy the tax withholding obligations in connection with the vesting and conversion of PSUs. These sales are mandated by the Issuer's &quot;sell-to-cover&quot; policy adopted by the Issuer on March 2, 2023 pursuant to the requirements of Rule 10b5-1 and its authority under its equity incentive plan, and do not represent discretionary trades by the Reporting Person.</footnote>
        <footnote id="F7">Reflects an award of stock options to purchase shares of common stock of the Issuer granted to the Reporting Person on May 23, 2025. This option will vest and become exercisable on May 23, 2028, subject to the Reporting Person's continued service to the Issuer through the vesting date and acceleration in certain circumstances.</footnote>
        <footnote id="F8">Reflects the third tranche of an award of PSUs, originally granted to the Reporting Person on April 6, 2022, which was earned upon the certification by the Board of Directors of the Issuer on May 23, 2025 of the level of achievement of the performance metrics applicable to the PSUs for the rTSR performance period from April 1, 2023 to March 31, 2025 and the financial performance period from April 1, 2024 to March 31, 2025.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Philip Reuther, as attorney-in-fact for Nicholas Marco Miller</signatureName>
        <signatureDate>2025-05-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
