Form 4 for NXXT NEXTNRG, INC.

Accepted 2025-02-18 00:00:00 ET · period of report 2025-02-13 · accession 0001493152-25-007238 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2025-02-18	2025-02-13	NXXT	FARKAS MICHAEL D	CEO, Executive COB, Dir, 10%	J - Other	—	+73.07M	77.20M	+1,768%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, par value $0.0001 per share	2025-02-13	J	A	73,067,463	—	77,200,189	I See footnote	—	—	(F1) Michael D. Farkas received 60,167,275 shares (the "Shares") of Common Stock and Inductive Holdings LLC ("Inductive") received 12,900,188 shares of Common Stock pursuant to the Second Amended and Restated Exchange Agreement dated June 11, 2024, as amended on July 22, 2024 and on September 25, 2024 (the "Exchange Agreement") entered into among the Issuer, the members of Next Charging LLC (the "Members") and Michael D. Farkas, as the representative of the Members. The Amount of Securities Beneficially Owned includes 42,372,880 shares of Common Stock subject to vesting and forfeiture as provided for in the Exchange Agreement. (F2) Amount of Securities Beneficially Owned includes (i) 64,118,596 shares held directly, (ii) 154,827 shares held by SIF Energy LLC, (iii) 26,578 shares held by Balance Labs, Inc. and (iv) 12,900,188 shares held by Inductive Holdings LLC. The Reporting Person has voting and dispositive power over the Common Stock held by SIF Energy LLC, NextNRG Holding Corp., Balance Labs, Inc. and Inductive Holdings LLC.