Director at NextNav (NN) receives 7,550-share restricted stock grant
Rhea-AI Filing Summary
Howe Alan B reported acquisition or exercise transactions in this Form 4 filing.
NEXTNAV INC. director Alan B. Howe received an equity grant of 7,550 shares of common stock as a compensation award. The shares were granted at no cash cost to him and are structured as restricted shares that do not fully belong to him yet.
According to the terms, 100% of these restricted shares will vest on May 1, 2027, as long as he continues serving through that date. After this grant, Howe holds a total of 336,661 shares of NextNav common stock directly, so the award increases his stake by a relatively small amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,550 shares
Net Buy
1 txn
Insider
Howe Alan B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,550 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 336,661 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted shares (the "Restricted Shares"). Subject to the Reporting Person's continued service through the applicable vesting date, 100% of the Restricted Shares shall vest on May 1, 2027.
Key Figures
Restricted stock grant: 7,550 shares
Grant price: $0.00 per share
Post-transaction holdings: 336,661 shares
+1 more
4 metrics
Restricted stock grant
7,550 shares
Common Stock award on May 21, 2026
Grant price
$0.00 per share
Compensation award, not market purchase
Post-transaction holdings
336,661 shares
Common Stock directly held after grant
Vesting date
May 1, 2027
100% of restricted shares vest on this date
Key Terms
restricted shares, vesting, grant, award, or other acquisition
3 terms
vesting financial
"100% of the Restricted Shares shall vest on May 1, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.