Form 4: NEXTNRG CEO Farkas Buys 1M Shares at $1.67

NEXTNRG, INC. CEO and Executive Chairman Michael D. Farkas acquired 1,000,000 shares of common stock at $1.67 per share, increasing his beneficial ownership to over 75 million shares.

Summary

• Michael D. Farkas, CEO and Executive Chairman of NEXTNRG, INC., acquired 1,000,000 shares of the company's common stock.
• The shares were purchased at a price of $1.67 per share on September 18, 2025.
• This transaction was executed pursuant to a Stock Purchase Agreement dated September 18, 2025.
• Following this acquisition, Michael D. Farkas beneficially owns a total of 75,254,300 shares of common stock.
• His beneficial ownership includes 62,172,707 shares held directly and 13,081,593 shares held indirectly through SIF Energy LLC (154,827 shares), Balance Labs, Inc. (26,578 shares), and Inductive Holdings LLC (12,900,188 shares), over which he has voting and investment control.

Sentiment

Score: 8

Explanation: The significant purchase of company stock by the CEO and Executive Chairman indicates strong confidence in NEXTNRG's future prospects and valuation, which is a highly positive signal for investors.

Positives

• The CEO and Executive Chairman, Michael D. Farkas, made a significant purchase of 1,000,000 shares, signaling strong confidence in the company's future prospects.
• The acquisition increases the insider's stake, aligning management's interests more closely with those of shareholders.

Future Outlook

This filing does not contain explicit forward-looking statements or guidance regarding the company's future performance, but the insider purchase implicitly signals a positive outlook from management.

Industry Context

Insider buying, particularly by a CEO and Executive Chairman, is generally viewed as a positive signal by the market, suggesting that management believes the company's stock is undervalued or expects positive developments.

Related Party Transactions

• The acquisition of 1,000,000 shares by Michael D. Farkas, the CEO and Executive Chairman, from NEXTNRG, INC. constitutes a related party transaction.

Stakeholder Impact

• Shareholders may perceive this insider buying as a positive indicator of future company performance and management's belief in the company's value.
• The company benefits from the capital inflow generated by the share issuance to the insider.

Key Dates

Recommendation

The CEO and Executive Chairman, Michael D. Farkas, significantly increased his stake in NEXTNRG by purchasing 1,000,000 shares at $1.67, demonstrating strong conviction in the company's value and future performance. This insider buying activity typically signals a positive outlook from management and can be a strong indicator for potential investors.

Keywords

NEXTNRG, NXXT, Michael D. Farkas, insider buying, stock purchase, beneficial ownership, CEO, Executive Chairman, Form 4