NEXTNRG (NXXT) CEO Farkas reports 21,739-share stock dividend award
Rhea-AI Filing Summary
Michael D. Farkas, CEO, executive chairman, director and 10% owner of NEXTNRG, INC., reported receiving 21,739 shares of common stock on February 2, 2026 at $1.83 per share. The shares were issued as a dividend on Series B preferred shares he holds, bringing his directly owned common stock to 63,216,185 shares.
He also reports indirect beneficial ownership of 154,827 shares held by SIF Energy LLC, 26,578 shares held by Balance Labs, Inc., and 12,900,188 shares held by Inductive Holdings LLC, over which he has voting and investment control. Separately, up to 725,200 shares of common stock may be issued upon conversion of 140,000 Series B preferred shares he holds, based on the stated conversion terms.
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FAQ
What insider transaction did Michael D. Farkas report for NEXTNRG, INC. (NXXT)?
How many NEXTNRG (NXXT) shares does Michael D. Farkas own directly after this Form 4?
What was the price and nature of the 21,739 NEXTNRG (NXXT) shares acquired by Michael D. Farkas?
What indirect NEXTNRG (NXXT) share holdings are associated with Michael D. Farkas?
How many NEXTNRG (NXXT) shares may be issued from Michael D. Farkas’s Series B preferred stock?
What roles does Michael D. Farkas hold at NEXTNRG, INC. (NXXT) according to this Form 4?