NEXTNAV (NN) CAO executes 2,006-share Rule 10b5-1 sale mainly for tax obligations

Rhea-AI Filing Summary

NEXTNAV INC. Chief Accounting Officer Shams Sammaad sold 2,006 shares of common stock in an open-market transaction at a weighted average price of $17.8354 per share. The sale was executed under a pre-arranged Rule 10b5-1 plan to generate cash for tax withholding tied to vesting equity awards. After this trade, Sammaad directly holds 70,944 shares, indicating the transaction represents a relatively small portion of his overall stake.

Insider Trade Summary 10b5-1

Net Seller: 2,006 shares ($35,778)

Net Sell 1 txn

Insider Shams Sammaad

Role Chief Accounting Officer

Sold 2,006 shs ($36K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,006	$17.8354	$36K

Holdings After Transaction: Common Stock — 70,944 shares (Direct, null)

Footnotes (1)

1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 30, 2026 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.68 to $18.09 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

Shares sold: 2,006 shares Weighted average sale price: $17.8354 per share Price range: $17.68–$18.09 per share +1 more

4 metrics

Shares sold 2,006 shares Open-market sale on June 29, 2026

Weighted average sale price $17.8354 per share Common stock sale

Price range $17.68–$18.09 per share Range of individual trade prices

Shares owned after sale 70,944 shares Direct holdings following transaction

Key Terms

Rule 10b5-1 sales plan, weighted average price, tax withholding obligations, open-market sale

4 terms

Rule 10b5-1 sales plan regulatory

"This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person"

weighted average price financial

"The reported price is a weighted average price. These shares were sold in multiple transactions"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

tax withholding obligations financial

"proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting"

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 09:00 PM Accepted by SEC EDGAR 06/29/2026 - 09:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shams Sammaad

(Last) (First) (Middle)

11911 FREEDOM DR. STE. 200

(Street)

RESTON VIRGINIA 20190

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NEXTNAV INC. [ NN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/29/2026		S(1)		2,006	D	$17.8354(2)	70,944	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 30, 2026 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.68 to $18.09 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.

	/s/ James Black, by power of attorney	06/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NEXTNAV INC. (NN) report for Shams Sammaad?

NEXTNAV INC. reported that Chief Accounting Officer Shams Sammaad sold 2,006 shares of common stock. The transaction was an open-market sale executed at a weighted average price of $17.8354 per share and disclosed on a Form 4 insider filing.

At what price did NEXTNAV INC. (NN) insider shares trade in this Form 4?

The reported weighted average sale price was $17.8354 per share. Footnotes note the 2,006 shares were sold in multiple trades, with individual prices ranging from $17.68 to $18.09 per share during the transaction.

How many NEXTNAV INC. (NN) shares does Shams Sammaad own after this transaction?

Following the sale, Chief Accounting Officer Shams Sammaad directly holds 70,944 shares of NEXTNAV INC. common stock. This shows the 2,006 shares sold were a relatively small portion compared with his remaining direct ownership position disclosed in the filing.

Was the NEXTNAV INC. (NN) insider sale under a Rule 10b5-1 plan?

Yes. The filing states the sale was made under a Rule 10b5-1 sales plan adopted by the reporting person on March 30, 2026. Such pre-arranged plans automate trading and can indicate the timing was not an opportunistic discretionary decision.

Why did NEXTNAV INC. (NN) insider Shams Sammaad sell 2,006 shares?

Footnotes explain the proceeds from the 2,006-share sale are intended to satisfy tax withholding obligations related to the vesting of underlying equity awards. This suggests the transaction’s primary purpose was covering tax liabilities rather than changing overall investment exposure.

What does the Form 4 mean for NEXTNAV INC. (NN) shareholders?

The Form 4 shows a relatively small, pre-planned insider sale primarily for tax withholding. Because the executive retains 70,944 shares afterward and the sale is tied to vesting equity, it appears as a routine liquidity event rather than a major shift in insider sentiment.