SEC Form 4 · accession 0001493152-26-029306
NEXTNRG, INC. · NXXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Farkas
Officer — CEO and Executive Chairman · Director · 10% Owner
Period of report
Jun 16, 2026
Accepted (ET)
Jun 18, 2026 · 3:57 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001817004
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jun 16, 2026 | A | 260,000 | $0.386 | A | 63,497,924 | D | |
| Common StockF3 | holding | — | — | — | 154,827 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 26,578 | I | See footnote | |
| Common StockF5 | holding | — | — | — | 12,900,188 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a purchase from the issuer pursuant to a Stock Purchase Agreement between Mr. Farkas and the issuer, dated June 16, 2026 (the "SPA"). Pursuant to the terms of the SPA, the issuer issued 260,000 shares of common stock to Mr. Farkas at a price per share of $0.386, for an aggregate purchase price of $100,360 (the "Purchase Price"). In lieu of delivering the Purchase Price, Mr. Farkas absolved the issuer of liabilities totaling $100,360 owed to Mr. Farkas pursuant to a note dated March 7, 2024.
- F2Does 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).
- F3Held by SIF Energy LLC. The reporting person has voting and investment control over such shares.
- F4Held by Balance Labs, Inc. The reporting person has voting and investment control over such shares.
- F5Held by Inductive Holdings LLC. The reporting person has voting and investment control over such shares.