NextBoat (NXB) director Hadley Zachary discloses 40,000 shares via entity
Rhea-AI Filing Summary
NextBoat Inc. director Hadley Zebulon Zachary reports initial beneficial ownership of 40,000 shares of Common Stock, held indirectly through Zeb National Coatings, Inc., a corporation wholly owned by him.
The shares were acquired on October 31, 2025 in connection with a distribution by OTH Florida Acquisition Corp.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hadley Zebulon Zachary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,000 shares (Indirect, By Zeb National Coatings, Inc. (100% owned by Reporting Person))
Footnotes (1)
- F1. The shares of Common Stock reported in Table I are beneficially owned indirectly through Zeb National Coatings, Inc., a corporation wholly owned by the reporting person. The shares were acquired on October 31, 2025 in connection with a distribution by OTH Florida Acquisition Corp.
Key Figures
Indirectly owned common shares: 40,000 shares
Acquisition date of reported shares: October 31, 2025
Insider roles reported: 1
3 metrics
Indirectly owned common shares
40,000 shares
Beneficially owned through Zeb National Coatings, Inc.; holdings after reported event
Acquisition date of reported shares
October 31, 2025
Date shares were acquired in connection with a distribution by OTH Florida Acquisition Corp.
Insider roles reported
1
Hadley Zebulon Zachary is reported as a director of NextBoat Inc.
Key Terms
beneficially owned indirectly, wholly owned, distribution
3 terms
beneficially owned indirectly financial
"The shares of Common Stock reported in Table I are beneficially owned indirectly through Zeb National Coatings, Inc."
wholly owned financial
"Zeb National Coatings, Inc., a corporation wholly owned by the reporting person."
distribution financial
"The shares were acquired on October 31, 2025 in connection with a distribution by OTH Florida Acquisition Corp."
A distribution is a payment or transfer of value from a company, fund, or trust to its shareholders or unit holders, commonly made in cash, additional shares, or other assets. Investors care because distributions provide income, reflect how much cash a business or fund can return to owners, can influence yield and taxable income, and often affect the share price much like a store handing out a portion of its profits to customers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider ownership does the Form 3 report for NextBoat (NXB)?
The Form 3 reports that director Hadley Zebulon Zachary beneficially owns 40,000 shares of NextBoat Inc. Common Stock, held indirectly through Zeb National Coatings, Inc., which is wholly owned by him.
Is Hadley Zebulon Zachary’s NextBoat (NXB) ownership direct or indirect?
His reported ownership is indirect. The 40,000 shares of NextBoat Common Stock are beneficially owned through Zeb National Coatings, Inc., which is wholly owned by him, rather than held in his own name.
What position does Hadley Zebulon Zachary hold at NextBoat (NXB)?
Hadley Zebulon Zachary is reported as a director of NextBoat Inc. on the Form 3, and the filing provides details of his initial beneficial ownership of the company’s Common Stock.