ELLENOFF DOUGLAS 4

What Happened

• Douglas Ellenoff, a director of NextPlat Corp (NXPL), was granted 24,324 shares on 2026-04-06. The award is reported at a price of $0.00, so the Form 4 shows a reported cash value of $0.00 for the transaction. This was an award/grant (not a market purchase or sale), which is typically compensation-related rather than a direct market signal like an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-06; Form 4 filed: 2026-04-22.
• Transaction type/code: Award/Grant (A).
• Shares acquired: 24,324; reported acquisition price: $0.00 (reported value $0.00).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/conditions: None disclosed in the excerpt (no 10b5-1 plan, tax-withholding, or cashless sale indicated).
• Timeliness: The Form 4 was filed 16 days after the transaction (Form 4s are generally required within two business days), so the filing appears late.

Context

• Awards/grants record compensation or board-related equity and do not necessarily reflect buying or selling intent. They may be subject to vesting and tax-withholding rules not detailed in this filing. For investors tracking insider activity, outright purchases are often more informative; awards are common compensation events and should be interpreted accordingly.