NextNav (NN) grants CEO Sorond large option and RSU awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NEXTNAV INC. reported that CEO, President and Director Mariam Sorond received new equity compensation awards. She was granted stock options for 724,112 shares of common stock at an exercise price of $20.39 per share, expiring in 2036, and 54,704 restricted stock units that vest over four years starting on the one-year anniversary of March 19, 2026.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sorond Mariam

Role CEO, President and Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	724,112	$0.00	--
Grant/Award	Common Stock	54,704	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 724,112 shares (Direct); Common Stock — 1,314,328 shares (Direct)

Footnotes (1)

Represents a grant of restricted stock units ("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. 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.

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Form 4 Insider Transactions: What Each Field Means →

03/24/2026 - 06:37 AM

SEC Form 4

FORM 4

UNITED 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^*

Sorond Mariam

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO, President and Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/19/2026		A⁽¹⁾		54,704	A	$0	1,314,328	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$20.39	03/19/2026		A		724,112		⁽²⁾	03/19/2036	Common Stock	724,112	$0	724,112	D

Explanation of Responses:

1. Represents a grant of restricted stock units ("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.

2. 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 attorney	03/23/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NEXTNAV INC. (NN) report for Mariam Sorond?

NEXTNAV INC. reported that CEO Mariam Sorond received two equity awards: 724,112 stock options and 54,704 restricted stock units. Both awards were granted on March 19, 2026 as part of her compensation package, with multi-year vesting schedules tied to continued service.

How many NEXTNAV (NN) stock options were granted to CEO Mariam Sorond?

Mariam Sorond was granted 724,112 stock options for NEXTNAV common stock. These options have an exercise price of $20.39 per share and expire on March 19, 2036, with vesting over four years starting one year after March 19, 2026, subject to continued service.

What are the terms of the restricted stock units granted to NEXTNAV (NN) CEO?

The CEO received 54,704 restricted stock units that vest over four years. One quarter vests on the one-year anniversary of March 19, 2026, and the remaining three quarters vest in substantially equal quarterly installments thereafter, conditioned on her continued service with the company.

How do the stock options granted to the NEXTNAV (NN) CEO vest over time?

The stock options vest over four years. Twenty five percent of the 724,112 options vest on the one-year anniversary of March 19, 2026, and the remaining portion vests in equal quarterly installments over the following three years, contingent on the CEO’s continued service.

What is Mariam Sorond’s NEXTNAV (NN) common stock holding after these grants?

Following the restricted stock unit grant, Mariam Sorond holds 1,314,328 shares of NEXTNAV common stock directly. This figure reflects her total reported direct common stock ownership after the March 19, 2026 award of 54,704 restricted stock units with multi-year vesting conditions.

Are the NEXTNAV (NN) CEO’s new equity awards open-market purchases or compensation grants?

The reported transactions are compensation grants, not open-market trades. Both the 724,112 stock options and 54,704 restricted stock units were awarded at no purchase price, reflecting equity-based compensation subject to vesting tied to the CEO’s continued service with NEXTNAV INC.