NextNav officer Timothy Gray proposes $170K share sale
NextNav Inc. (NN) reports a proposed sale by Officer Timothy Gray of 11,099 common shares, with an aggregate market value of $170,147.67.
Rhea-AI Filing Summary
NextNav Inc. (NN) reports a proposed sale by Officer Timothy Gray of 11,099 common shares, with an aggregate market value of $170,147.67. The approximate sale date is September 23, 2026, through Morgan Stanley Smith Barney LLC on NASDAQ. The securities information also lists 168,809,910 shares outstanding.
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Key Figures
Common shares in proposed sale: 11,099 shares
Aggregate market value: $170,147.67
Shares outstanding: 168,809,910 shares
3 metrics
Common shares in proposed sale
11,099 shares
Approximate sale date: September 23, 2026
Aggregate market value
$170,147.67
Proposed sale
Shares outstanding
168,809,910 shares
Issuer securities information
Key Terms
Restricted Stock Units, Rule 144
2 terms
Restricted Stock Units financial
"Restricted Stock Units"
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.
Rule 144 regulatory
"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.
FAQ
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