Joseph D. Samberg discloses sizable indirect stake in NextNav (NN)
Rhea-AI Filing Summary
NextNav Inc. (NN) director Joseph D. Samberg filed an initial ownership report as a Section 16 reporting person. He reports indirect beneficial ownership of multiple blocks of NextNav common stock, including 10,200,000 shares held by The Joseph D. Samberg Revocable Trust, 1,000,000 shares held by The Joe & Sandy Samberg Foundation, Inc., and additional positions through several family-related entities and trusts.
Samberg also reports derivative securities, including warrants exercisable into 900,000 and 100,000 shares of common stock at an exercise price of $11.5 per share until 10/28/2026, and call options over 250,000 shares at $12 per share until 03/20/2026 and 400,000 shares at $20 per share until 06/18/2026. The filing notes that he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants (Right to Buy) | -- | -- | -- |
| holding | Warrants (Right to Buy) | -- | -- | -- |
| holding | Call Option (Right to Buy) | -- | -- | -- |
| holding | Call Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The call options expiring on June 18, 2026 were acquired in a series of transactions prior to November 13, 2025. These options are all immediately exercisable from the applicable date of purchase until their expiration.
