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NextNav officer plans sale of 430 shares

Officer Sammaad Shams filed a Rule 144 notice to sell 430 NextNav (NN) shares, with recent 10b5-1 sales also disclosed.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NextNav Inc. (NN) received a Rule 144 notice that officer Sammaad Shams plans to sell company common stock. The notice covers a planned sale of 430 shares of common stock, to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate value of $6,415.60 as stated in the form.

The shares to be sold arise from Restricted Stock Units granted by the issuer, dated September 14, 2026. The filing also reports prior 10b5-1 plan sales over the past three months, including a sale of 2,006 shares of common stock on June 29, 2026 for aggregate proceeds of $35,777.81.

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Planned shares to be sold 430 shares Common stock covered by the Rule 144 notice
Aggregate value of planned sale $6,415.60 Value for the 430 shares listed in the securities information
Shares sold in prior 3 months 2,006 shares 10b5-1 sale on June 29, 2026
Aggregate proceeds from prior sale $35,777.81 10b5-1 sale of 2,006 shares on June 29, 2026
Date of RSU source for current sale September 14, 2026 Date tied to Restricted Stock Units underlying the 430 shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 09/14/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Sales regulatory
"10b5-1 Sales for SAMMAAD REHMAN SHAMS"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for NextNav Inc. (NN)?

The Form 144 reports that officer Sammaad Shams plans to sell 430 shares of NextNav common stock under Rule 144, sourced from Restricted Stock Units, and also lists a prior 10b5-1 sale of 2,006 shares on June 29, 2026.

How many NextNav (NN) shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 430 shares of NextNav common stock. These shares are tied to Restricted Stock Units with a date of September 14, 2026, and are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the aggregate value of the 430 NextNav (NN) shares in the Form 144?

The Form 144 lists an aggregate value of $6,415.60 for the planned sale of 430 shares of NextNav common stock, as reported in the securities information section of the filing.

What prior sales of NextNav (NN) stock are disclosed for the past three months?

The filing discloses 10b5-1 sales for Sammaad Rehman Shams, including a sale of 2,006 shares of NextNav common stock on June 29, 2026 for aggregate proceeds of $35,777.81.

What type of securities are involved in the NextNav (NN) Form 144 filing?

The filing involves common stock of NextNav Inc. The shares to be sold are associated with Restricted Stock Units granted by the issuer and are being resold under Rule 144 conditions.

Which broker is listed for the planned NextNav (NN) share sale?

The planned sale of 430 shares of NextNav common stock is listed as being handled by Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza, New York, in the Form 144 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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