NextNav COO Insley Susan Brasse sells 2,370 shares
The Chief Operating Officer's sale proceeds are intended to satisfy tax withholding obligations tied to vesting of underlying equity awards.
Rhea-AI Filing Summary
NEXTNAV INC. Chief Operating Officer Insley Susan Brasse sold 2,370 shares of common stock on September 24, 2026, at a weighted average price of $14.2202 per share. The sale was effected pursuant to a Rule 10b5-1 sales plan adopted on August 19, 2025; proceeds are intended to satisfy tax withholding obligations in connection with vesting of underlying equity awards. She directly held 163,835 shares after the sale.
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Insider Trade Summary 10b5-1
Net Seller: 2,370 shares
Net Sell
1 txn
Insider
Insley Susan Brasse
Role
Chief Operating Officer
Sold
2,370 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,370 | $14.2202 | $34K |
Holdings After Transaction:
Common Stock — 163,835 shares (Direct)
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 $14.03 to $14.32 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
Common shares sold: 2,370 shares
Weighted average sale price: $14.2202 per share
Sale price range: $14.03 to $14.32 per share
+1 more
4 metrics
Common shares sold
2,370 shares
September 24, 2026
Weighted average sale price
$14.2202 per share
September 24, 2026
Sale price range
$14.03 to $14.32 per share
Multiple transactions on September 24, 2026
Direct shares following sale
163,835 shares
Following the September 24, 2026 sale
Key Terms
Rule 10b5-1 sales plan, weighted average price, tax withholding obligations, vesting
4 terms
Rule 10b5-1 sales plan regulatory
"effected pursuant to a Rule 10b5-1 sales plan"
weighted average price financial
"The reported price is a weighted average price"
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
"satisfy tax withholding obligations"
vesting financial
"in connection with the vesting of the underlying equity awards"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the NN COO's sale made under a Rule 10b5-1 plan?
Yes. The sale was effected pursuant to a Rule 10b5-1 sales plan adopted on August 19, 2025, and proceeds are intended to satisfy tax withholding obligations in connection with vesting of underlying equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.