STOCK TITAN

NextNav (NN) CAO receives RSUs and options, sells shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

NextNav Inc.'s Chief Accounting Officer, Shams Sammaad, reported equity compensation grants and a small tax-related share sale. On March 19, 2026, she received 5,712 and 10,482 shares of Common Stock as restricted stock units and 15,416 stock options exercisable at $20.39 per share, vesting over up to four years.

On March 20, 2026, she sold 1,767 shares of Common Stock at $18.11 per share, with the proceeds intended to satisfy tax withholding obligations tied to the vested bonus RSUs. After these transactions, she directly holds 76,895 Common shares and 15,416 stock options expiring on March 19, 2036.

Positive

  • None.

Negative

  • None.
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*
Shams Sammaad

(Last)(First)(Middle)
11911 FREEDOM DRIVE
SUITE 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026
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 Stock03/19/2026A(1)5,712A$068,180D
Common Stock03/19/2026A(2)10,482A$078,662D
Common Stock03/20/2026S(3)1,767D$18.1176,895D
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
Stock Option (Right to Buy)$20.3903/19/2026A15,416 (4)03/19/2036Common Stock15,416$015,416D
Explanation of Responses:
1. Represents a bonus grant of restricted stock units ("RSUs"); 100% of the Bonus RSUs vested on March 19, 2026 (the grant date) (the "Bonus RSUs").
2. Represents a grant of RSUs that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on the one-year anniversary of March 19, 2026, and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.
3. The proceeds of this sale are intended to be used to satisfy tax withholding obligations in connection with the vesting of the Bonus RSUs.
4. Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, twenty five percent (25%) of the Options shall vest on the one-year anniversary of March 19, 2026, and the remaining portion shall vest in equal quarterly installments over the subsequent three years.
/s/ James Black, by power of attorney03/23/2026
** 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)

FAQ

What equity awards did NextNav (NN) CAO Shams Sammaad receive?

Shams Sammaad received two restricted stock unit grants totaling 16,194 Common shares and 15,416 stock options with a $20.39 exercise price. The RSUs and options vest over time, subject to her continued service with the company.

How do the new RSU grants for NextNav (NN) CAO vest?

One RSU grant vested 100% on March 19, 2026 as a bonus. Another RSU grant vests over four years: one-quarter on the first anniversary of March 19, 2026, and the remaining three-quarters in substantially equal quarterly installments thereafter.

What are the terms of the stock options granted to the NextNav (NN) CAO?

The CAO received 15,416 stock options with a $20.39 exercise price, expiring on March 19, 2036. Twenty-five percent vest on the first anniversary of March 19, 2026, and the rest vest in equal quarterly installments over the following three years.

Why did the NextNav (NN) CAO sell 1,767 shares of stock?

She sold 1,767 Common shares at $18.11 per share on March 20, 2026. A footnote states the sale proceeds are intended to satisfy tax withholding obligations related to the vesting of her bonus RSUs, rather than a discretionary portfolio move.

How many NextNav (NN) shares does the CAO hold after these transactions?

Following the reported transactions, the CAO directly holds 76,895 shares of Common Stock. She also holds 15,416 stock options that are scheduled to vest over four years, giving her continued equity exposure to NextNav’s future performance.

Are the NextNav (NN) CAO’s transactions mainly compensation-related?

Yes. The filing shows grants of RSUs and stock options as part of compensation, plus a small sale of 1,767 shares. A footnote explains the sale proceeds are intended to cover tax withholding from the vesting of bonus RSUs.
Nextnav Inc

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2.53B
96.07M
Software - Infrastructure
Search, Detection, Navigation, Guidance, Aeronautical Sys
Link
United States
RESTON