NEXTNAV COO sells 2,370 shares under 10b5-1 plan
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
NEXTNAV INC. Chief Operating Officer Susan Brasse Insley reported an open-market sale of 2,370 shares of common stock at a weighted average price of $17.1316 per share. After the sale, she directly holds 167,054 shares.
The transaction was executed under a pre-arranged Rule 10b5-1 sales plan, and the filing states that proceeds are intended to satisfy tax withholding obligations tied to vesting equity awards, indicating a planned, compensation-related sale of a small portion of her holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,370 | $17.1316 | $41K |
Footnotes (2)
- F1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 19, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.
- F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.90 to $17.49 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Key Terms
Rule 10b5-1 sales plan regulatory
weighted average price financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.