NXB · NextBoat Inc. · Insider Trading

Represents bona fide gift of 12,500 shares of Common Stock. No consideration was received by the reporting person.

Correction of Prior Reported Amounts: The share balances reported in this Form 4 reflect a correction to previously reported figures. The Form 4 filed on March 31, 2026 omitted 5,000 shares of Common Stock issued to the reporting person upon the vesting of Restricted Stock Units on December 29, 2025 (reported as derivatives in Table II of the Form 4 filed on December 11, 2025). As a result, the starting balance for this filing is 2,653,750 shares which is 5,000 shares more than the 2,648,750 balance reflected in the Form 4 filed on May 15, 2026. All per-transaction balances in Table I have been adjusted accordingly.

Represents bona fide gift of 12,500 shares of Common Stock. No consideration was received by the reporting person.

Represents bona fide gift of 100,000 shares of Common Stock. No consideration was received by the reporting person.

Represents transfer of 54,000 shares of Common Stock by Ruegg Capital Group Inc. as compensation for services rendered. No cash consideration was received by the reporting person or Ruegg Capital Group Inc. The shares were valued at $2.05 per share (the market price on the date of the transaction).

Shares reported as indirectly owned are held by Ruegg Capital Group Inc., of which the reporting person is the sole owner.

These RSUs vested in full on the six-month anniversary of the grant date (May 26, 2026), subject to the Reporting Person's continued employment with the Company. Upon vesting, the Reporting Person surrendered 16,233 shares to the Company to satisfy tax withholding obligations. The net shares issued to the Reporting Person were 33,767. No shares were sold into the market.

The market price of the Company's common stock on the vesting date was $2.44 per share.

These RSUs vested in full on the six-month anniversary of the grant date (May 26, 2026), subject to the Reporting Person's continued employment with the Company. Upon vesting, the Reporting Person surrendered 16,233 shares to the Company to satisfy tax withholding obligations. The net shares issued to the Reporting Person were 33,767. No shares were sold into the market.

The price of $2.41 reported above represents the closing market price of the Issuer's common stock on the NYSE American on the date of transfer and does not represent proceeds received by Mr. John. The shares were not sold on the open market. Rather, the shares were transferred by Mr. John to a third-party service provider in consideration for professional services previously rendered to the Company, the cost of which Mr. John personally bore. Mr. John received no proceeds from the transfer of the shares. This amended Form 4/A is being filed to add this footnote 2 to clarify that Mr. John received no economic consideration in connection with the disposition of the shares.

These securities are held by BK Investments LLC, of which the reporting person is the sole owner and may be deemed to beneficially own such securities.

Shares reported as indirectly owned are held by Ruegg Capital Group Inc., of which the reporting person is the sole owner.

Shares reported as indirectly owned are held by Ruegg Capital Group Inc., of which the reporting person is the sole owner.

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.98 to $2.0646 per share. The reporting person undertakes to provide full information regarding the number of shares purchased at each separate price upon request.

The reporting person previously held shares through Off The Hook Acquisition Corp., an entity he controls. Such holdings have been distributed to the individual shareholders based on their respective ownership of that entity. The amounts reported herein reflect the reporting person's current beneficial ownership.

These securities are held by BK Investments LLC, of which the reporting person is the sole owner and may be deemed to beneficially own such securities.

13,903,750 shares of Common Stock beneficially owned by Jason Ruegg include (i) 2,653,750 shares of Common Stock held by Mr. Ruegg directly, and (ii) 11,250,000 shares of Common Stock Mr. Ruegg held through Ruegg Capital Group Inc., of which he is the sole owner.

The shares of common stock were received by the reporting person as a distribution from OTH Florida Acquisition Corp., an affiliate of the Company, for no cash consideration.

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest over a two-year period subject to continued employment and the achievement of specified Company net income performance goals. The number reported reflects the maximum number of RSUs eligible to vest. If the Company achieves only the threshold net income target, 50% of the RSUs will vest, with additional vesting occurring on a pro-rata basis up to the target level.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest in equal installments over a two-year period on the anniversary of the grant, subject to the Reporting Person's continued employment with the Company.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest in full on the six-month anniversary of the grant, subject to the Reporting Person's continued employment with the Company.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest in equal installments over a two-year period on the anniversary of the grant, subject to the Reporting Person's continued employment with the Company.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest over a two-year period subject to continued employment and the achievement of specified Company net income performance goals. The number reported reflects the maximum number of RSUs eligible to vest. If the Company achieves only the threshold net income target, 50% of the RSUs will vest, with additional vesting occurring on a pro-rata basis up to the target level.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Company.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Company.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Company.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Company.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

These RSUs vested immediately on the grant date.

Not applicable

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock upon vesting.

Reflects shares remaining from two additional RSU grants of 50,000 shares each made on 11/26/2025, which have not yet vested.

Represents shares of common stock acquired upon vesting and conversion of RSUs.

Mr. John purchased 25,000 shares of Common Stock in the Company's initial public offering.

The balance of 5,000,000 shares of Common Stock are owned by Off The Hook Acquisition Corp. of which Brian John is the control person.

Mr. John purchased 25,000 shares of Common Stock in the Company's initial public offering.

The balance of 5,000,000 shares of Common Stock are owned by Off The Hook Acquisition Corp. of which Brian John is the control person.

Mr. Gonnelli holds also holds 125,000 shares of Common Stock purchased in the Company's initial public offering.