David E. Lazar - 16 Oct 2025 Form 4 Insider Report for NovaBay Pharmaceuticals, Inc. (NBY)

Role
10%+ Owner
Signature
/s/ David E. Lazar
Issuer symbol
NBY
Transactions as of
16 Oct 2025
Net transactions value
$0
Form type
4
Filing time
17 Oct 2025, 17:28:33 UTC
Previous filing
26 Aug 2025
Next filing
29 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lazar David E. 10%+ Owner PH THE TOWERS, TOWER 200, 30B, WINSTON CHURCHILL, PAITILLA, PANAMA CITY, PANAMA /s/ David E. Lazar 17 Oct 2025 0001932843

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NBY Series D Convertible Preferred Stock Sale -441,325 -92% 39,925 16 Oct 2025 Common Stock 70,612,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Series D Preferred Stock are convertible at the option of the Reporting Person for no additional consideration. Each share of Series D Preferred Stock is convertible into 160 shares of the Common Stock of NovaBay Pharmaceuticals, Inc. (the "Issuer") at any time, subject to certain ownership limitations.
F2 The Series D Preferred Stock is exercisable immediately upon issuance, is perpetual and has no expiration date.
F3 On October 9, 2025, David E. Lazar (the "Reporting Person") entered into a Securities Purchase Agreement with R01 Fund LP ("R01 LP") and Framework Ventures IV L.P. ("Framework" and together with R01 LP, the "Purchasers") pursuant to which the Purchasers agreed to acquire from the Reporting Person all of the Reporting Person's right, title and interest in (i) an aggregate of 441,325 shares of Series D Preferred Stock for $9,850,000 and (ii) the rights and obligations to purchase 268,750 shares of Series E Preferred Stock for an additional $2,150,000 payable to the Issuer. The closing of the transaction occurred on October 16, 2025 following the Issuer's annual meeting of stockholders.