[Form 4] Nexalin Technology, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Alan Kazden, a director of Nexalin Technology, Inc. (NXL), reported acquiring additional common stock on 09/29/2025. The Form 4 shows he acquired 36,459 shares with a reported price of $0 and, following the transaction, beneficially owns 119,590 shares. The filing states those shares are held indirectly by the Alan and Natalie Kazden Family Trust and that the reporting person has dispositive and voting control.

The submission is a routine Section 16 disclosure of an ownership change and is signed by Alan Kazden on 09/30/2025. No derivatives, option grants, dispositions, or other transaction types are reported on this Form 4.

Positive

• Increased beneficial ownership: Reporting person acquired 36,459 shares, raising reported beneficial ownership to 119,590 shares.
• Clear control disclosed: Filing states the reporting person has dispositive and voting control and identifies the Alan and Natalie Kazden Family Trust as holder.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director increased reported beneficial ownership by 36,459 shares, bringing total beneficial ownership to 119,590 shares.

The reported acquisition of 36,459 common shares increases the director's economic stake and reported voting power through an entity identified as the Alan and Natalie Kazden Family Trust. The Form 4 indicates the transaction price as $0 and no derivative activity; this filing therefore primarily updates ownership levels rather than reflecting market purchases or option exercises. For investors, the filing signals a change in insider-held shares but contains no information about consideration or the reason for the transfer.

Corporate Governance Expert

TL;DR: Routine insider disclosure showing increased indirect holdings and continued dispositive and voting control by the reporting director.

From a governance perspective, the Form 4 documents that the reporting director maintains control over the shares via a family trust and has reported an incremental ownership change. The document is complete for Section 16 reporting purposes: it identifies relationship (Director), transaction date, post-transaction holdings, and signature. The filing does not include details on the transaction's nature beyond the $0 price, so it is a compliance disclosure without additional governance actions reported.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kazden Alan

(Last) (First) (Middle)

3435 CONSUELO DRIVE

(Street)

CALABASAS CA 91302

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Nexalin Technology, Inc. [ NXL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

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

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	09/29/2025		A		36,459	A	$0	119,590	I	Owned by Alan and Natalie Kazden Family Trust(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reporting Person has dispositive and voting control of the shares.

	/s/ Alan Kazden Name: Alan Kazden	09/30/2025
	** 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 4 (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.

FAQ

What shares did Alan Kazden report acquiring in the Form 4 for NXL?

The Form 4 reports an acquisition of 36,459 common shares on 09/29/2025.

How many NXL shares does Alan Kazden beneficially own after the reported transaction?

Following the transaction, the Form 4 reports 119,590 shares beneficially owned.

What ownership form is reported for the NXL shares?

The shares are reported as indirectly owned through the Alan and Natalie Kazden Family Trust.

What price is listed for the reported acquisition on the Form 4?

The Form 4 lists a transaction price of $0 for the 36,459 shares.

Who signed the Form 4 and when was it signed?

The Form 4 is signed by Alan Kazden and dated 09/30/2025.