Ruegg Jason Daniel 4

4 · NextBoat Inc. · Filed Jun 17, 2026

AI-generated summary of this filing

Updated Jun 17, 2026

NextBoat (NXB) 10% Owner Jason Ruegg Gifts/Transfers 179,000 Shares

What Happened

Ruegg Jason Daniel, a reported 10% owner of NextBoat Inc. (NXB), disposed of 179,000 shares on June 16, 2026. Transactions were three bona fide gifts (12,500; 12,500; 100,000 shares) and one transfer of 54,000 shares as compensation for services. Each share was valued at the market price of $2.05 on the transaction date, for a total value of approximately $366,950.
These were dispositions (gifts/transfers), not open-market sales for cash; gifts do not necessarily reflect the insider's view of the stock.

Key Details

Transaction date: 2026-06-16; reported on Form 4 filed 2026-06-17.
Price used for valuation: $2.05 per share.
Breakdown: Gifts — 12,500 + 12,500 + 100,000 shares; Transfer as compensation — 54,000 shares.
Shares owned after transactions: 2,474,750 shares (starting balance reported as 2,653,750 before these dispositions).
Notable footnotes:
- Shares reported indirectly are held by Ruegg Capital Group Inc., of which Ruegg is the sole owner (F1).
- The three gifts were bona fide; no consideration received (F2–F4).
- The 54,000-share transfer was compensation for services; no cash changed hands (F5).
- The filing corrects a prior reported balance by adding 5,000 shares issued on vesting of RSUs (F6).
Filing timeliness: Report appears filed the day after the transactions; no late-filing indication noted in the summary.

Context

Gifts and intra-company transfers are common and do not necessarily signal buy/sell intent; they often reflect estate planning, charitable giving, or compensation arrangements.
As a 10% owner (not a routine open-market purchaser), Ruegg’s dispositions reflect changes in beneficial ownership and company-related transfers rather than a typical executive market sale.

Form 4

Period: 2026-06-16

DirectorPresident and Chairman10% Owner

Transactions

Gift
Common Stock
[F2][F6]
2026-06-16$2.05/sh−12,500$25,625→ 2,641,250 total
Gift
Common Stock
[F3]
2026-06-16$2.05/sh−12,500$25,625→ 2,628,750 total
Gift
Common Stock
[F4]
2026-06-16$2.05/sh−100,000$205,000→ 2,528,750 total
Other
Common Stock
[F5][F1]
2026-06-16$2.05/sh−54,000$110,700→ 10,721,000 total(indirect: see footnote)

Footnotes (6)

[F1]Shares reported as indirectly owned are held by Ruegg Capital Group Inc., of which the reporting person is the sole owner.
[F2]Represents bona fide gift of 12,500 shares of Common Stock. No consideration was received by the reporting person.
[F3]Represents bona fide gift of 12,500 shares of Common Stock. No consideration was received by the reporting person.
[F4]Represents bona fide gift of 100,000 shares of Common Stock. No consideration was received by the reporting person.
[F5]Represents transfer of 54,000 shares of Common Stock by Ruegg Capital Group Inc. as compensation for services rendered. No cash consideration was received by the reporting person or Ruegg Capital Group Inc. The shares were valued at $2.05 per share (the market price on the date of the transaction).
[F6]Correction of Prior Reported Amounts: The share balances reported in this Form 4 reflect a correction to previously reported figures. The Form 4 filed on March 31, 2026 omitted 5,000 shares of Common Stock issued to the reporting person upon the vesting of Restricted Stock Units on December 29, 2025 (reported as derivatives in Table II of the Form 4 filed on December 11, 2025). As a result, the starting balance for this filing is 2,653,750 shares which is 5,000 shares more than the 2,648,750 balance reflected in the Form 4 filed on May 15, 2026. All per-transaction balances in Table I have been adjusted accordingly.

Signature

/s/ Jason Ruegg|2026-06-17

1 file