NextNav (NN) COO sells 3,396 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NextNav Inc. Chief Operating Officer Susan Brasse Insley sold 3,396 shares of common stock on March 17, 2026 in an open-market transaction at a weighted average price of $16.8536 per share. The sale was made under a Rule 10b5-1 plan adopted on August 19, 2025, and the proceeds are intended to cover tax withholding obligations related to vesting equity awards. Following this transaction, she directly holds 125,485 shares of NextNav common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,396 shares ($57,235)
Net Sell
1 txn
Insider
Insley Susan Brasse
Role
Chief Operating Officer
Sold
3,396 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,396 | $16.8536 | $57K |
Holdings After Transaction:
Common Stock — 125,485 shares (Direct)
Footnotes (1)
- 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. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.73 to $17.03 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.