Adam R. Levy - 14 May 2026 Form 4 Insider Report for NEXGEL, INC. (NXGL)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: NXGL
Reported as of: 14 May 2026
Net transaction value: +$60,000
SEC form: 4
Accepted by SEC: 18 May 2026, 19:57:40 UTC
Prior SEC filing: 29 Dec 2025
Next SEC filing: 29 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Adam Levy

Key filing fact

Adam R. Levy filed Form 4 for NEXGEL, INC. (NXGL) on 18 May 2026.

Key facts

This page summarizes Adam R. Levy's Form 4 filing for NEXGEL, INC. (NXGL).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 18 May 2026, 19:57.

Change

Previous filing in this sequence was filed on 29 Dec 2025.
Current net transaction value: +$60,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001794090 Primary reporting owner

Levy Adam R.

Relationship: Chief Executive Officer, Director
Address: C/O NEXGEL, INC., 2150 CABOT BLVD, WEST, SUITE B, LANGHORNE
Signature: /s/ Adam Levy
Signature date: 18 May 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NXGL transaction Derivative

Convertible Promissory Note (the "Note")

Purchase

Transaction value: $60,000
Shares: +100,000
Change %
Price: $0.6000
Shares after: 100,000
Date: 14 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price: $0.6000
Footnotes: F1

NXGL transaction Derivative

Warrant to Purchase Common Stock (the "Warrant")

Purchase

Transaction value
Shares: +50,000
Change %
Price: $0.000000^*
Shares after: 50,000
Date: 14 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 50,000
Exercise price: $0.8000
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reflects the issuance to the Reporting Person of (i) a Convertible Promissory Note in the original principal amount of $60,000 (the "Note") and (ii) a Warrant to Purchase Common Stock for 50,000 shares of the Issuer's common stock (the "Common Stock") (the "Warrant").The Note is convertible into up to 100,000 shares of Common Stock at an initial conversion price of $0.60 per share, and the Warrant is exercisable for 50,000 shares of Common Stock at an initial exercise price of $0.80 per share. The Note is convertible, and the Warrant is exercisable, at any time at the option of the holder, subject to (i) a beneficial-ownership limitation that prevents conversion or exercise to the extent the holder, together with its affiliates, would beneficially own more than 4.99% of the outstanding shares of Common Stock after such conversion or exercise, and (ii) certain other limitations set forth in the Note and Warrant.

Footnote F2

The Warrant was issued to the Reporting Person in connection with, and as part of the consideration for, the Reporting Person's purchase of the Note, for no additional consideration beyond the Note purchase price.