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NEXTNRG (NXXT) CEO Farkas reports 21,739-share stock dividend award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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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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 FL 33139

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
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 02/02/2026 A(1) 21,739 A $1.83(1) 63,216,185(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
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 02/04/2026
** 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.

FAQ

What insider transaction did Michael D. Farkas report for NEXTNRG, INC. (NXXT)?

Michael D. Farkas reported acquiring 21,739 shares of NEXTNRG common stock on February 2, 2026. The shares were issued as a dividend on Series B preferred shares he holds, at a reported price of $1.83 per share, increasing his direct ownership stake.

How many NEXTNRG (NXXT) shares does Michael D. Farkas own directly after this Form 4?

After the reported transaction, Michael D. Farkas directly owns 63,216,185 shares of NEXTNRG common stock. This figure reflects the addition of 21,739 shares issued to him as a dividend on his Series B preferred shares, according to the Form 4 disclosure.

What was the price and nature of the 21,739 NEXTNRG (NXXT) shares acquired by Michael D. Farkas?

The 21,739 NEXTNRG common shares were reported at a price of $1.83 per share. They were not open-market purchases but were issued to Michael D. Farkas as a stock dividend on his Series B preferred shares, as described in the filing footnotes.

What indirect NEXTNRG (NXXT) share holdings are associated with Michael D. Farkas?

Indirectly, 154,827 shares are held by SIF Energy LLC, 26,578 by Balance Labs, Inc., and 12,900,188 by Inductive Holdings LLC. The Form 4 states Michael D. Farkas has voting and investment control over these NEXTNRG common shares through the respective entities.

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

The filing notes that 725,200 NEXTNRG common shares may be issued upon conversion of 140,000 Series B preferred shares held by Michael D. Farkas. Each preferred share has a $10.00 stated value and converts at 70% of $2.78, the minimum price on the issuance date.

What roles does Michael D. Farkas hold at NEXTNRG, INC. (NXXT) according to this Form 4?

Michael D. Farkas is identified as a director, a 10% owner, and an officer of NEXTNRG, INC. His officer titles are CEO and executive chairman. These roles underscore his significant leadership position and substantial ownership stake in the company’s common equity.
NextNRG Inc.

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