NextPlat (NXPL) appoints Amanda L. Ferrio CFO; base pay $225,000

NextPlat Corp announced a leadership change in finance.

Rhea-AI Filing Summary

NextPlat Corp announced a leadership change in finance. On October 13, 2025, Chief Financial Officer Cecile Munnik stepped down and will assist during a transition, including through the filing of the quarterly report for the period ended September 30, 2025.

The Board appointed Amanda L. Ferrio as Chief Financial Officer effective immediately. Ferrio, 37, has led accounting and finance at the company’s Progressive Care subsidiary since 2022 and brings over 15 years of experience. Her annual base salary was set at $225,000. The company reported no related-party or selection arrangements. A press release dated October 14, 2025 announces the appointment.

Insights

Corporate Governance Analyst

Executive transition: CFO steps down; internal successor appointed immediately. Continuity signaled; short-term reporting handoff to be monitored.

NextPlat announced a CFO transition on October 13, 2025. The sitting CFO will assist through the filing of the quarterly report for the period ended September 30, 2025, which supports continuity. The Board appointed **Amanda L. Ferrio** as CFO effective immediately, elevating her from VP of Accounting & Finance at the wholly owned subsidiary Progressive Care.

The filing highlights Ms. Ferrio’s oversight of financial reporting, budgeting/forecasting, and SEC filings over the past three years at Progressive Care, and more than 15 years of accounting and finance experience. Compensation includes an annual base salary of $225,000. The company states no other material plans or arrangements tied to her appointment, and no related-party or Item 404(a) relationships.

This is a governance event with operational implications centered on financial reporting. Immediate appointment and a defined transition period reduce execution risk around the upcoming Form 10‑Q. Watch for timely filing of the Q3 2025 report, any follow-on disclosures about Ms. Ferrio’s compensation structure, and stability in disclosure controls and procedures over the next reporting cycle. A press release dated October 14, 2025 was furnished as Exhibit 99.1.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

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.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

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

What did NXPL disclose in this 8-K?

The company reported that CFO Cecile Munnik stepped down on October 13, 2025, and appointed Amanda L. Ferrio as Chief Financial Officer effective immediately.

Who is NextPlat’s new CFO and when did she start?

Amanda L. Ferrio became CFO effective immediately on October 13, 2025.

Will the outgoing CFO remain involved during the transition?

Yes. Cecile Munnik will work through a transitional period, including through the filing of the quarterly report for the period ended September 30, 2025.

What is the new CFO’s compensation?

The Compensation Committee approved an annual base salary of $225,000 for Amanda L. Ferrio.

What is Amanda L. Ferrio’s background?

She served as VP of Accounting & Finance at Progressive Care since 2022 and has 15+ years of accounting and finance experience at Nasdaq-listed and private companies.

Were there any related-party or selection arrangements disclosed?

No. The company disclosed no arrangements or family relationships related to her selection and no indirect material interests under Item 404(a).

Did NextPlat issue a press release about the CFO change?

Yes. A press release dated October 14, 2025 was issued and is attached as Exhibit 99.1.

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

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Accepted by SEC EDGAR 10/15/2025 - 12:00 AM Learn about SEC filing dates

false 0001058307 0001058307 2025-10-13 2025-10-13 0001058307 nxpl:CommonStockCustomMember 2025-10-13 2025-10-13 0001058307 nxpl:WarrantsCustomMember 2025-10-13 2025-10-13

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): October 13, 2025

NEXTPLAT CORP

(Exact Name of Registrant as Specified in its Charter)

Nevada		001-40447		65-0783722
(State or Other Jurisdiction of Incorporation or Organization)		(Commission File No.)		(I.R.S. Employer Identification No.)

400 Ansin Blvd, Suite A

Hallandale Beach, FL 33009

(Address of principal executive offices and zip code)

(305) 560-5381

(Registrant’s telephone number, including area code)

(Former name or former address, if changed from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-14(c)).

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol (s)		Name of each exchange on which registered
Common Stock, par value $0.0001		NXPL		The Nasdaq Stock Market, Inc.
Warrants		NXPLW		The Nasdaq Stock Market, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 13, 2025, the Company’s Chief Financial Officer, Cecile Munnik, decided to step down from her position as Chief Financial Officer. Ms. Munnik will continue to work with the Company through a transitional period, including through the filing of the Company’s quarterly report for the period ended September 30, 2025.

In addition, on October 13, 2025, the Board of Directors of the Company unanimously voted to appoint Amanda L. Ferrio to serve as Chief Financial Officer of the Company effective immediately.

Amanda L. Ferrio, 37, has served as the Vice President of Accounting & Finance of Progressive Care LLC (“Progressive Care”), the Company’s wholly owned healthcare operation subsidiary, since 2022. Over the past three years at Progressive Care, Ms. Ferrio oversaw aspects of the accounting and finance department including financial reporting and analysis, budgeting and forecasting, and managed its SEC filings. Ms. Ferrio has over 15 years of accounting and finance experience at both Nasdaq-listed and private companies. Prior to joining Progressive Care, Ms. Ferrio held multiple accounting and finance roles including serving as Controller at BBC International, LLC; Senior Manager, Financial Reporting & Compliance at Willis Lease Finance Corporation; Senior Accountant at BioMatrix Specialty Pharmacy; and Senior Accountant at FedNat. Ms. Ferrio holds a Master or Science and a Bachelor of Science in Accounting.

In connection with the appointment of Ms. Ferrio as the Company’s Chief Financial Officer, the Compensation Committee of the Board of Directors approved an increase in Ms. Ferrio’s annual base salary to $225,000 per year. There were no other material plans, contracts or arrangements entered into between the Company and Ms. Ferrio in connection with her appointment as Chief Financial Officer.

In addition, there are no arrangements or understandings between Ms. Ferrio and any other persons pursuant to which she was selected as Chief Financial Officer. There are no family relationships between Ms. Ferrio and any director or executive officer of the Company, and she has no indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

On October 14, 2025, the Company issued a press release (the “Press Release”) reporting on appointment of Ms. Ferrio as Chief Financial Officer.

A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The foregoing disclosure is qualified by the full text of the press release.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NEXTPLAT CORP.
	By:	/s/ David Phipps
	Name:	David Phipps
	Title:	Chief Executive Officer
Dated: October 15, 2025