4//SEC Filing
FARKAS MICHAEL D 4
Accession 0001493152-25-025191
CIK 0001817004other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 5:20 PM ET
Size
8.0 KB
Accession
0001493152-25-025191
Insider Transaction Report
Form 4
NEXTNRG, INC.NXXT
FARKAS MICHAEL D
DirectorCEO and Executive Chairman10% Owner
Transactions
- Award
Common Stock
2025-11-24$1.04/sh+1,000,000$1,040,000→ 63,194,446 total
Holdings
- 154,827(indirect: See footnote)
Common Stock
- 26,578(indirect: See footnote)
Common Stock
- 12,900,188(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]Represents the issuance of common stock by the issuer to the reporting person in exchange for an agreement by the reporting person to settle certain indebtedness owed by the issuer to the reporting person, in the aggregate amount of $1,040,000, pursuant to certain promissory notes issued by the issuer (or its subsidiaries) to the reporting person between June 29, 2023 and February 18, 2025.
- [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).
- [F3]Held by SIF Energy LLC. The reporting person has voting and investment control over such shares.
- [F4]Held by Balance Labs, Inc. The reporting person has voting and investment control over such shares.
- [F5]Held by Inductive Holdings LLC. The reporting person has voting and investment control over such shares.
Documents
Issuer
NEXTNRG, INC.
CIK 0001817004
Entity typeother
Related Parties
1- filerCIK 0001128728
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 5:20 PM ET
- Size
- 8.0 KB