NextNRG CTO Vaknin sells $31K in common stock

Published 28/10/2025, 14:52
NextNRG CTO Vaknin sells $31K in common stock

NextNrg, Inc. (NASDAQ:NXXT), a $257 million market cap company showing strong momentum with 92% revenue growth in the last twelve months, reported that Chief Technology Officer Avishai Vaknin sold 15,509 shares of common stock on October 24, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, totaled $31238, with prices ranging from $2.0 to $2.04 per share.

Vaknin’s transactions involved multiple sales of NextNrg common stock. He sold 5,000 shares at $2.00, another 5,000 shares at $2.03, and a further 5,000 shares at $2.01. The final transaction involved the sale of 509 shares at $2.04.

Following these transactions, Vaknin directly owns 49204 shares of NextNrg.

In other recent news, NextNRG reported significant revenue growth, with preliminary unaudited revenue for September 2025 reaching $7.07 million, a 229% increase from the same month last year. The company delivered 2.03 million gallons of fuel in September, marking a 238% rise compared to September 2024. Year-to-date revenue through September stood at approximately $58.6 million, more than doubling the full-year 2024 revenue of about $27 million. Additionally, NextNRG secured a long-term lease option on 1,600 acres in Nassau County, with plans to develop a 200 MW smart microgrid on 1,200 acres and reserve 400 acres for potential data center development. In a financial move, NextNRG executed a Stock Purchase Agreement with its CEO, issuing 1 million shares in a debt-for-equity transaction valued at $1.67 million. The company also reported a 222% revenue growth for August 2025, with a revenue of $7.51 million and 2.18 million gallons delivered. H.C. Wainwright initiated coverage on NextNRG with a Buy rating, setting a price target of $5.00, highlighting the company’s diversified energy technology offerings.

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