FARKAS MICHAEL D bought NXXT
November 24, 2025 · Form 4 insider transaction
FARKAS MICHAEL D bought 1,000,000 shares of NextNRG, Inc. at $1.04 per share, a transaction worth $1.04M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
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.; 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).