[Form 3] NextPlat Corp Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Lauren Sturges Fernandez filed an initial Form 3 reporting her beneficial ownership in NextPlat Corp (NXPL) related to an event on 08/13/2025. She is identified as a Director and a 10% owner. The report shows 25,000 shares owned directly, 1,576,598 shares held indirectly through Charles M. Fernandez's estate, and 2,990,252 shares held indirectly through eAperion Partners LLC (the latter held by the spouse's estate where the reporting person is executor). She also reports a 25,000-share option (direct) and a 233,682-share option (indirect) with an exercise price of $1.48; the options are stated as fully vested.
Positive
- None.
Negative
- None.
Insights
Director and >10% ownership disclosed, with large estate-held blocks.
The filing confirms Lauren Sturges Fernandez holds direct and significant indirect positions in NextPlat (NXPL), including 1,576,598 shares via the spouse's estate and 2,990,252 shares via eAperion Partners LLC. The report states she is the executor for the estate and the sole member/manager of the LLC, clarifying governance and control roles over those indirect holdings.
The report also discloses fully vested options totaling 258,682 underlying shares, including an indirect block exercisable at $1.48. These facts are material to shareholder composition and potential insider transactions because they show concentrated insider ownership and exercisable option positions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Charles M. Fernandez's estate. Sole member and managing partner of eAperion Partners LLC with voting and dispositive power over the reported shares. The reporting person was granted options to purchase up to 25,000 shares of the Issuer's common stock pursuant to a Stock Option Agreement dated April 7, 2023, of which one third of the shares of common stock vested immediately on the Grant Date, with options to purchase an additional third of the shares of common stock vesting on the one-year anniversary of the Grant Date, and options to purchase the remaining third of the shares of common stock vesting on the second-year anniversary of the Grant Date. The options are fully vested. Pursuant to the Stock Option Agreement, the options may be exercised by the Optionee's estate at any time prior to the one year anniversary of the Optionee's passing.
