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.

Insider Trade Summary

Net Buyer: 21,739 shares

Net Buy 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 — 63,216,185 shares (Direct); Common Stock — 13,081,593 shares (Indirect, See footnote)

Footnotes (5)

1. F1. Shares issued as dividend on Series B Preferred Shares held by reporting person.
2. F2. 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. F3. Held by SIF Energy LLC. The reporting person has voting and investment control over such shares.
4. F4. Held by Balance Labs, Inc. The reporting person has voting and investment control over such shares.
5. F5. Held by Inductive Holdings LLC. The reporting person has voting and investment control over such shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/04/2026 - 04:05 PM Learn about SEC filing dates

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.

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.