Nxt-ID, Inc. Stock: price and directors' dealings · United States · SEC (Form 4)

About Nxt-ID, Inc.

Nxt-ID, Inc. (ticker: NXTD) is a U.S.-listed technology company traded on NASDAQ, not NYSE, which places it in the category of a small-cap, execution-sensitive issuer. The company was incorporated in Delaware on February 8, 2012, and originally focused on biometric identification, m-commerce, and secure mobile platforms. Its historical headquarters are in Shelton, Connecticut, United States. Over time, Nxt-ID broadened its positioning toward digital security, authentication, IoT, payments, and, more recently, healthcare-related applications. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1566826/000101968713000299/nxt_s1.htm?utm_source=openai)) From an industry perspective, Nxt-ID is best described as a niche technology platform built around identity verification, access control, data protection, encryption, payments, and sensor technologies. In its SEC filings, the company states that it has experience in biometric and behavior-metric identity verification, privacy and security, encryption, payment solutions, miniaturization, and sensor technologies. That technical foundation allows it to address multiple end markets, including payment applications, IoT use cases, and selected healthcare solutions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1566826/000121390021045424/ea146482-s3_nxtidinc.htm?utm_source=openai)) The company’s history shows repeated portfolio reshaping. Early on, Nxt-ID developed products and capabilities tied to biometrics and secure access; it also acquired 3D-ID, which brought rights to patented 3D facial recognition and imaging technology for access control, law enforcement, and travel/immigration applications. Later, the company divested non-core assets, including the sale of Fit Pay to Garmin International in 2019, indicating an active approach to capital allocation and business refocusing. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1566826/000101968714000613/nxt_10k-123113.htm?utm_source=openai)) Its product and service set has included technology programs such as 4G products, WiFi Notify solutions, and direct-to-consumer website restructuring initiatives, according to SEC disclosures. In practical terms, Nxt-ID appears less like a scaled operating platform and more like a small technology holder/developer with a mix of products, intellectual property, and commercialization efforts. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1566826/000121390021021782/f10k2020_nxtidinc.htm?utm_source=openai)) Competitively, Nxt-ID operates in highly crowded markets dominated by larger players in cybersecurity, digital identity, payments, and connected devices. Its main strengths are its technical specialization, patent-related assets, and the ability to pivot across adjacent markets. However, its small scale, likely dependence on external capital, and limited commercial footprint constrain visibility. Recent SEC filings emphasize funding needs, product development, and distribution efforts rather than a large-scale operational expansion, which is typical for a micro-cap technology issuer. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1566826/000121390020008044/f10k2019_nxtidinc.htm?utm_source=openai))