NextBoat director reports 40,000-share stake

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.

Accepted by SEC EDGAR 07/23/2026 - 05:06 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Hadley Zebulon Zachary

Role Director

Type	Security	Shares	Price	Value
Holding	Common Stock F1	--	--	--

Holdings: Common Stock — 40,000 shares (Indirect, By Zeb National Coatings, Inc. (100% owned by Reporting Person))

Footnotes (1)

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many NextBoat (NXB) shares does Zeb National Coatings, Inc. hold?

Zeb National Coatings, Inc., a corporation wholly owned by Hadley Zebulon Zachary, holds 40,000 shares of NextBoat Inc. Common Stock, which are reported as indirectly beneficially owned by him.

When were Hadley Zebulon Zachary’s NextBoat (NXB) shares acquired?

The 40,000 indirectly beneficially owned NextBoat shares were acquired on October 31, 2025 in connection with a distribution by OTH Florida Acquisition Corp., according to the Form 3 footnote.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hadley Zebulon Zachary

(Last) (First) (Middle)

1701 JEL WADE DRIVE

(Street)

WILMINGTON NORTH CAROLINA 28401

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
07/23/2026

3. Issuer Name and Ticker or Trading Symbol
NextBoat Inc. [ NXB ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	40,000	I(1)	By Zeb National Coatings, Inc. (100% owned by Reporting Person)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Hadley Zebulon Zachary	07/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)