NextBoat Inc. (NXB) adds Zebulon Hadley to board after Kosloske exit
Rhea-AI Filing Summary
NextBoat Inc. reported a change in its board of directors. Michael Kosloske resigned as a director effective 5:00 p.m. Eastern Time on July 17, 2026, and his resignation was stated not to result from any disagreement regarding operations, policies, or practices.
On July 23, 2026, the board, acting by unanimous written consent, appointed Zebulon Z. Hadley, IV, age 44, to fill the resulting vacancy, serving until the next annual meeting and until a successor is elected and qualified. Hadley is President and Chief Executive Officer of National Coatings, Inc. and has prior entrepreneurial experience and community board service. He has been named Chair of the Compensation Committee, has no disclosed related-party interests or family relationships with company insiders, and will receive the standard non-employee director compensation.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Director resignation effective time: 5:00 p.m. Eastern Time on July 17, 2026
New director appointment date: July 23, 2026
Common stock par value: $0.001 per share
+1 more
4 metrics
Director resignation effective time
5:00 p.m. Eastern Time on July 17, 2026
Effective time of Michael Kosloske’s resignation from the board
New director appointment date
July 23, 2026
Date Zebulon Z. Hadley, IV was appointed to the board
Common stock par value
$0.001 per share
Par value of NextBoat Inc. common stock
Age of new director
44
Age of director Zebulon Z. Hadley, IV at appointment
Key Terms
Emerging growth company, unanimous written consent, Compensation Committee, Item 404(a) of Regulation S-K, +1 more
5 terms
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
unanimous written consent regulatory
"On July 23, 2026, the Board, acting by unanimous written consent, appointed Zebulon Z. Hadley"
Compensation Committee financial
"As of the date of this report, Mr. Hadley has been appointed Chair of the Compensation Committee of the Board"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Item 404(a) of Regulation S-K regulatory
"no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
non-employee director compensation arrangements financial
"The Company’s standard non-employee director compensation arrangements will apply to Mr. Hadley"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What board change did NextBoat Inc. (NXB) disclose on July 17, 2026?
NextBoat Inc. reported that director Michael Kosloske resigned effective 5:00 p.m. Eastern Time on July 17, 2026. The company stated his resignation was not due to any disagreement related to its operations, policies, or practices, indicating a non-contentious departure.
Who replaced Michael Kosloske on the NextBoat Inc. (NXB) board?
The board appointed Zebulon Z. Hadley, IV as a director on July 23, 2026 to fill the vacancy. He will serve until the next annual meeting of stockholders and until his successor is duly elected and qualified, or until an earlier resignation or removal.
What is Zebulon Hadley’s background relevant to NextBoat Inc. (NXB)?
Zebulon Z. Hadley, IV, age 44, has been President and Chief Executive Officer of National Coatings, Inc. since June 2006. He previously founded Xstream Pressure Cleaning and studied Agricultural Business Management at North Carolina State University, and has received notable regional business leadership awards.
What board roles will Zebulon Hadley hold at NextBoat Inc. (NXB)?
As of this report, Zebulon Z. Hadley, IV has been appointed Chair of the Compensation Committee of the board. The board has not assigned him to any other committees yet, and he will receive the company’s standard non-employee director compensation package.