STOCK TITAN

NextNav officer plans sale of 1,576 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NEXTNAV INC. (NN) officer Sammaad Shams filed a Form 144 notice to sell 1,576 shares of common stock of NextNav Inc. The shares are to be sold through Morgan Stanley Smith Barney LLC and were acquired on September 15, 2026 via Restricted Stock Units granted by the issuer.

The filing also reports prior Rule 10b5-1 plan sales over the past three months: 430 shares of common stock on September 16, 2026 and 2,006 shares on June 29, 2026, both for the account of Sammaad Shams.

Positive

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Negative

  • None.
Planned shares to be sold 1,576 shares of common stock Shares of NextNav Inc. proposed for sale under Rule 144
Aggregate market value of planned sale $23,041.12 Estimated value of 1,576 NN shares covered by the Form 144
Shares sold on September 16, 2026 430 shares Rule 10b5-1 sale of NextNav Inc. common stock
Proceeds from September 16, 2026 sale $6,359.70 Amount received for 430 NN shares sold
Shares sold on June 29, 2026 2,006 shares Rule 10b5-1 sale of NextNav Inc. common stock
Proceeds from June 29, 2026 sale $35,777.81 Amount received for 2,006 NN shares sold
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
"Restricted Stock Units | Issuer | | | 1576 | 09/15/2026"
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 regulatory
"10b5-1 Sales for SAMMAAD SHAMS 11911 Freedom Dr."
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

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

What does the Form 144 filing by NN’s officer Sammaad Shams disclose?

It discloses an intention to sell 1,576 shares of NextNav Inc. common stock under Rule 144 through Morgan Stanley Smith Barney LLC, with the shares having been acquired on September 15, 2026 via Restricted Stock Units granted by the issuer.

How many NN shares are proposed to be sold and at what aggregate value?

The notice covers a proposed sale of 1,576 shares of NextNav Inc. common stock with an aggregate market value of $23,041.12, to be sold through Morgan Stanley Smith Barney LLC on the NASDAQ market.

What prior sales of NN stock by Sammaad Shams are reported in this Form 144?

The filing reports two prior sales under a Rule 10b5-1 plan: 430 shares of common stock sold on September 16, 2026 for $6,359.70, and 2,006 shares sold on June 29, 2026 for $35,777.81.

How were the NN shares in the planned Form 144 sale acquired?

The 1,576 shares covered by the planned sale were acquired on September 15, 2026 through Restricted Stock Units granted by NextNav Inc. as the issuer, according to the Form 144 disclosure.

Which broker is handling the planned NN share sale in this Form 144?

The planned sale of 1,576 shares of NextNav Inc. common stock is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as stated in the Form 144.

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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