Scopellite Steven 4

4 · New America Acquisition I Corp. · Filed Feb 19, 2026

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New America Acquisition (NWAX) Director Steven Scopellite Sells 50,000 Shares

What Happened

  • Steven Scopellite, a director of New America Acquisition I Corp. (NWAX), reported a disposition (transaction code S) of 50,000 founder/derivative shares on 2026-02-17. The Form 4 shows no price or total value (listed as N/A). These are Founder Shares that, per the issuer, convert one-for-one into Class A common stock at the time of the SPAC’s initial business combination (or earlier at the holder’s option).

Key Details

  • Transaction date: 2026-02-17. Filing date: 2026-02-19 (timely under Section 16 two-business-day rule).
  • Reported transaction: Sale/disposition (code S) of 50,000 shares; price and dollar value: N/A.
  • Shares reported as an indirect/derivative interest held by New America Sponsor I LLC; Mr. Scopellite may be deemed to beneficially own 50,000 Founder Shares via his membership interest in the Sponsor.
  • Footnote F1: Founder Shares convert to Class A common stock one-for-one at the initial business combination and have no expiration date.
  • Footnote F2: Mr. Scopellite received his interest through the Sponsor, does not have voting or dispositive control over the Sponsor, and disclaims beneficial ownership except to the extent of his pecuniary interest.
  • No 10b5-1 plan, tax withholding, or late-filing indication included.

Context

  • These are derivative/founder shares associated with the SPAC sponsor rather than a typical open-market sale with a reported price/ proceeds. The filing mainly discloses an indirect economic interest (and a possible deemed beneficial ownership) rather than showing direct voting or dispositive control by the director.

Insider Transaction Report

Form 4
Period: 2026-02-17
Transactions
  • Sale

    Class B Common Stock

    [F1][F2]
    2026-02-17+50,00050,000 total(indirect: See Footnote)
    Class A Common Stock (50,000 underlying)
Footnotes (2)
  • [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-289204) under the heading "Description of Securities - Founder Shares," shares of Class B common stock, par value $0.0001 per share (the "Founder Shares"), of the issuer will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments, and have no expiration date.
  • [F2]Mr. Scopellite received for his services as a director of the issuer an indirect interest in the Founder Shares through membership interests in New America Sponsor I LLC (the "Sponsor"). Mr. Scopellite may be deemed to beneficially own 50,000 shares held by the Sponsor by virtue of his membership interest therein. Mr. Scopellite does not have voting or dispositive control over the Sponsor and disclaims beneficial ownership except to the extent of his pecuniary interest.
Signature
/s/ Steven Scopellite|2026-02-19

Documents

1 file
  • 4
    ownership.xmlPrimary

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