SCHEDULE: Nardone Reduces Stake in New Fortress Energy

Randal A. Nardone has filed an amendment to Schedule 13D, reporting a decrease in his beneficial ownership of New Fortress Energy Inc. Class A Common Stock to 3.2% following a reverse stock split.

Summary

• Randal A. Nardone has filed Amendment No. 4 to Schedule 13D regarding his beneficial ownership of New Fortress Energy Inc. Class A Common Stock.
• This amendment is filed due to a greater than 1% change in the percentage of shares beneficially owned by Mr. Nardone.
• As of September 11, 2026, Mr. Nardone's beneficial ownership is reported as 523,930 shares, representing 3.2% of the outstanding Class A Common Stock.
• This change is in connection with the Issuer's Restructuring Transaction, which included a 1-for-50 reverse stock split for Class A Shares.
• Mr. Nardone has not engaged in any transactions involving Class A Shares in the past 60 days.
• He retains the right to receive proceeds from the sale of the reported shares, and no other person is known to have the right to direct the receipt of proceeds.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative score due to a reduction in beneficial ownership percentage, indicating a potential shift in strategic interest or a response to corporate actions rather than a positive development.

Positives

• The filing clearly discloses a reduction in beneficial ownership, providing transparency to the market.
• The reporting person retains the right to proceeds from the sale of shares, indicating continued, albeit reduced, financial interest.

Negatives

• Randal A. Nardone's beneficial ownership has decreased to 3.2% of the outstanding Class A Common Stock.
• The filing indicates that Mr. Nardone ceased to be the beneficial owner of more than five percent of the outstanding Class A Common Stock as of September 11, 2026.

Risks

• The reduction in beneficial ownership percentage could signal a decreased conviction or strategic interest from a significant stakeholder.
• The reverse stock split, while a corporate action, can sometimes be perceived negatively by the market if not accompanied by strong underlying performance.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from management regarding future performance. It primarily reports a change in beneficial ownership.

Management Comments

• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that changes in beneficial ownership, especially by significant stakeholders, are closely watched in the energy infrastructure sector. This filing reflects a corporate action (reverse stock split) and a subsequent adjustment in reporting thresholds, rather than a strategic shift in the company's operational outlook.

Stakeholder Impact

• Shareholders: Increased transparency regarding the ownership structure following a corporate action. The reduction in a significant stakeholder's percentage ownership may influence investor sentiment.
• Management: The filing is a routine disclosure related to ownership changes and corporate actions.

Next Steps

• The filing itself is a disclosure requirement and does not outline specific future actions for the company or the reporting person beyond standard reporting obligations.

Key Dates

Keywords

New Fortress Energy, Schedule 13D, Beneficial Ownership, Randal Nardone, Class A Common Stock, Restructuring Transaction, Reverse Stock Split