What was the size and price of the NEXTNRG (NXXT) share award to the CEO?

The CEO received 21,739 NEXTNRG common shares at a price of $1.83 per share. Footnotes state these shares were issued as a dividend on Series B preferred shares already held by the reporting person.

NEXTNRG (NXXT) CEO adds 21,739 shares, now holds over 63M

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NEXTNRG, INC. director and CEO Michael D. Farkas reported a stock grant on common shares. On April 30, 2026, he received an award of 21,739 shares of common stock at $1.83 per share, described as shares issued as a dividend on his Series B preferred shares.

After this award, he directly owns 63,237,924 common shares. He also has indirect holdings of common stock through entities, including 12,900,188 shares via SIF Energy LLC, 26,578 shares via Balance Labs, Inc., and 154,827 shares via Inductive Holdings LLC, over which he has voting and investment control.

In addition, 140,000 shares of Series B preferred stock held by him have a stated value of $10.00 per share and may convert into 725,200 common shares based on a formula using 70% of $2.78, the minimum price on the date of issuance.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider FARKAS MICHAEL D

Role CEO and Executive Chairman

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	21,739	$1.83	$40K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 63,237,924 shares (Direct, null); Common Stock — 154,827 shares (Indirect, See footnote)

Footnotes (1)

Shares issued as dividend on Series B Preferred Shares held by reporting person. Does not include 725,200 shares of common stock which may be issued upon conversion of 140,000 shares of Series B preferred stock held by the reporting person, each with a stated value of $10.00 per share, at 70% of $2.78 (the minimum price on the date of issuance). Held by SIF Energy LLC. The reporting person has voting and investment control over such shares. Held by Balance Labs, Inc. The reporting person has voting and investment control over such shares. Held by Inductive Holdings LLC. The reporting person has voting and investment control over such shares.

Key Figures

Share award: 21,739 shares Award price: $1.83 per share Direct common shares: 63,237,924 shares +5 more

8 metrics

Share award 21,739 shares Common stock grant on April 30, 2026

Award price $1.83 per share Price for 21,739-share common stock award

Direct common shares 63,237,924 shares Direct NEXTNRG common stock held after transaction

Indirect SIF Energy holding 12,900,188 shares Indirect common stock via SIF Energy LLC

Indirect Balance Labs holding 26,578 shares Indirect common stock via Balance Labs, Inc.

Indirect Inductive Holdings stake 154,827 shares Indirect common stock via Inductive Holdings LLC

Convertible preferred shares 140,000 shares Series B preferred stock held by reporting person

Common shares on conversion 725,200 shares Common stock potentially issuable from Series B conversion

Key Terms

Series B preferred shares, stated value, grant, award, or other acquisition, voting and investment control, +1 more

5 terms

Series B preferred shares financial

"Shares issued as dividend on Series B Preferred Shares held by reporting person."

Series B preferred shares are a class of company stock issued during a later round of private financing that gives investors priority over common shareholders for payouts and protections if the company is sold or liquidated. Think of them as a VIP ticket that often includes a fixed claim on returns, possible regular payments, and the option to convert into regular shares; that mix of safety and upside helps investors assess risk and potential reward.

stated value financial

"each with a stated value of $10.00 per share, at 70% of $2.78"

Stated value is an accounting figure a company assigns to a share when the share has no par (legal) value; it becomes the portion of proceeds recorded as the company’s permanent capital for regulatory and bookkeeping purposes. It matters to investors because it affects the equity reported on the balance sheet and the legal limits on distributions or dividend payments, but it is not the market price — think of it as a record-keeping sticker price rather than what buyers actually pay.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

voting and investment control financial

"The reporting person has voting and investment control over such shares."

indirect financial

""ownership_type": "indirect", "ownership_code": "I""

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 05:20 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FARKAS MICHAEL D

(Last)

(First)

(Middle)

C/O NEXTNRG, INC.

407 LINCOLN RD. #9F

(Street)

MIAMI BEACH

FLORIDA

33139

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NEXTNRG, INC. [ NXXT ]

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		A⁽¹⁾		21,739	A	$1.83⁽¹⁾	63,237,924⁽²⁾	D
Common Stock								154,827	I	See footnote⁽³⁾
Common Stock								26,578	I	See footnote⁽⁴⁾
Common Stock								12,900,188	I	See footnote⁽⁵⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares issued as dividend on Series B Preferred Shares held by reporting person.

2. Does not include 725,200 shares of common stock which may be issued upon conversion of 140,000 shares of Series B preferred stock held by the reporting person, each with a stated value of $10.00 per share, at 70% of $2.78 (the minimum price on the date of issuance).

3. Held by SIF Energy LLC. The reporting person has voting and investment control over such shares.

4. Held by Balance Labs, Inc. The reporting person has voting and investment control over such shares.

5. Held by Inductive Holdings LLC. The reporting person has voting and investment control over such shares.

	/s/ Michael D. Farkas	05/04/2026
	** 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 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did NEXTNRG (NXXT) CEO Michael Farkas report in this Form 4?

Michael D. Farkas reported receiving an award of 21,739 NEXTNRG common shares at $1.83 per share. The filing also details his large direct and indirect holdings, plus additional shares potentially issuable from his Series B preferred stock.

How many NEXTNRG (NXXT) common shares does Michael Farkas hold after this filing?

Following the reported award, Michael Farkas directly holds 63,237,924 NEXTNRG common shares. He also indirectly holds additional blocks of 12,900,188, 26,578, and 154,827 shares through affiliated entities where he has voting and investment control.

What indirect NEXTNRG (NXXT) holdings are disclosed for Michael Farkas?

The filing shows indirect NEXTNRG holdings of 12,900,188 shares via SIF Energy LLC, 26,578 shares via Balance Labs, Inc., and 154,827 shares via Inductive Holdings LLC. In each case, Michael Farkas has voting and investment control over the shares.

How many NEXTNRG (NXXT) shares may be issued from Michael Farkas’s preferred stock?

The filing notes that 725,200 NEXTNRG common shares may be issued upon conversion of 140,000 Series B preferred shares. Each preferred share has a $10.00 stated value and uses 70% of $2.78 as the price reference for conversion.

Was the NEXTNRG (NXXT) CEO’s transaction an open-market buy or a grant?

The reported NEXTNRG transaction is classified as a grant or award acquisition, not an open-market purchase. Code A indicates the CEO received 21,739 common shares, with the footnote describing them as a dividend on Series B preferred shares he holds.