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Director at NextNav (NN) receives 7,550-share restricted stock grant

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  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.
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
restricted shares financial
"Represents a grant of restricted shares (the "Restricted Shares")."
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
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.

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FAQ

What insider transaction did NEXTNAV INC. (NN) director Alan Howe report?

Director Alan B. Howe reported receiving a grant of 7,550 restricted shares of NextNav common stock. This was a compensation-related award at no cash cost, increasing his direct holdings to 336,661 shares after the transaction.

What are the vesting terms of Alan Howe’s 7,550 restricted NEXTNAV (NN) shares?

All 7,550 restricted shares granted to Alan Howe vest on May 1, 2027, if he continues to serve through that date. Until vesting, the shares are restricted and do not fully belong to him outright under the award terms.

How many NEXTNAV (NN) shares does Alan Howe own after this Form 4 grant?

After receiving the 7,550-share restricted stock grant, Alan Howe holds 336,661 shares of NextNav common stock directly. The grant represents an incremental addition to his existing position rather than a large change in overall ownership.

Was Alan Howe’s NEXTNAV (NN) Form 4 transaction a market purchase or sale?

The Form 4 reports a grant or award acquisition, not a market purchase or sale. Howe received 7,550 restricted shares of common stock as compensation, at a reported price of $0.00 per share, subject to future vesting conditions.

Does Alan Howe’s restricted stock grant in NEXTNAV (NN) involve any derivatives or options?

The reported transaction involves only common stock granted as restricted shares, not options or other derivatives. The derivativeSummary section shows no remaining derivative positions associated with this filing, indicating a straightforward stock award structure.
SEC Form 4
FORM 4UNITED 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).
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*
Howe Alan B

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A7,550(1)A$0336,661D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ James S. Black by power of attorney05/26/2026
** Signature of Reporting PersonDate
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)