[Form 4] NEXTNRG, INC. Insider Trading Activity
Sean Matthew Oppen, a director of NEXTNRG, Inc. (NXXT), reported two open-market purchases of common stock in September 2025. He bought 10,000 shares on 09/18/2025 at $1.82 per share and 25,000 shares on 09/22/2025 at $1.66 per share. After these transactions he beneficially owned 263,976 shares in total, with ownership held individually and indirectly through Federated Cash LLC defined benefit trust and the Federated Cash 401(k) Plan. The Form 4 identifies these as purchases on the open market and is signed by the reporting person.
- Insider purchases of 35,000 shares indicate director confidence by deploying personal funds.
- Clear disclosure of beneficial ownership structure (individual, defined benefit trust, 401(k)) improves transparency.
- None.
Insights
TL;DR: Insider purchases totaling 35,000 shares at low single-digit dollar prices increase an officer/director's stake, signaling personal capital commitment.
The reporting shows a director acquired 35,000 shares across two open-market transactions at $1.82 and $1.66 per share, increasing beneficial ownership to 263,976 shares. From a market-activity perspective, open-market purchases by insiders can be interpreted as alignment with shareholder interests because they use personal funds. The transactions are modest in absolute size but meaningful relative to low per-share prices and to the director's existing stake. No derivative activity or disposals are reported.
TL;DR: Director disclosed straightforward open-market buys and clear beneficial ownership through personal and plan accounts, meeting Section 16 transparency.
The Form 4 is complete for the reported transactions and identifies the reporting person as a director. It discloses direct and indirect holdings through a defined benefit trust and 401(k) plan, which clarifies potential voting and control implications. The signature and dates are present, and no amendments or complex arrangements are disclosed. The filing does not indicate any planned 10b5-1 arrangement or derivative instruments.