NXPL CEO David Phipps increases stake to 621,788 shares

Rhea-AI Filing Summary

David Phipps, who serves as Chief Executive Officer and a Director of NextPlat Corp (NXPL), reported an acquisition of 200,000 shares of the issuer's common stock on 09/26/2025. The Form 4 shows the transaction price as $0 and lists the total number of shares beneficially owned after the transaction as 621,788. The filing is a single-reporting-person Form 4 signed on 10/02/2025. The document contains no derivative transactions and includes no explanatory text beyond the standard signature block.

Positive

• David Phipps disclosed an acquisition of 200,000 common shares on 09/26/2025
• Total beneficial ownership after the transaction is reported as 621,788 shares

Negative

• None.

Insights

Corporate Governance Expert

Insider acquisition of 200,000 shares increases CEO ownership to 621,788.

The Form 4 discloses that David Phipps, listed as CEO and Director, acquired 200,000 common shares on 09/26/2025 at a reported price of $0. The filing records the resulting beneficial ownership as 621,788 shares.

This is a straightforward disclosure of insider activity required under Section 16; the filing contains no additional narrative or derivative transactions to explain the $0 price or the transaction code. The absence of explanatory text means the filing only documents ownership change without context.

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^*

Phipps David

(Last) (First) (Middle)

C/O NEXTPLAT CORP

400 ANSIN BLVD, SUITE A

(Street)

HALLANDALE BEACH FL 33009

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NextPlat Corp [ NXPL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/26/2025

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	09/26/2025		A		200,000	A	$0	621,788	D

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:

	/s/ David Phipps	10/02/2025
	** 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 transaction did NextPlat (NXPL) insider David Phipps report?

The Form 4 reports an acquisition of 200,000 common shares on 09/26/2025.

How many NextPlat (NXPL) shares does David Phipps beneficially own after the reported transaction?

The filing shows 621,788 shares beneficially owned following the transaction.

What price was reported for the 200,000 shares on the Form 4?

The Form 4 lists the transaction price as $0.

What roles does the reporting person hold at NextPlat (NXPL)?

The reporting person is listed as both Chief Executive Officer and a Director of NextPlat.

When was the Form 4 signed by the reporting person?

The signature block is dated 10/02/2025.