NextNav CAO sells 1,576 shares in 10b5-1 plan

NextNav’s Chief Accounting Officer sold a small amount of stock under a pre-arranged 10b5-1 plan primarily to cover tax withholding on vesting equity awards.

Rhea-AI Filing Summary

NEXTNAV INC. (NN) reported that Chief Accounting Officer Shams Sammaad sold 1,576 shares of common stock on September 17, 2026 at a weighted average price of $14.6415 per share. After this sale, he held 68,938 shares directly.

The sale was effected under a Rule 10b5-1 trading plan adopted on March 30, 2026, and the proceeds are intended to satisfy tax withholding obligations related to vesting equity awards. The shares were sold in multiple transactions at prices between $14.50 and $14.72 per share.

Insider Trade Summary 10b5-1

Net Seller: 1,576 shares

Net Sell 1 txn

Insider Shams Sammaad

Role Chief Accounting Officer

Sold 1,576 shs ($23K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	1,576	$14.6415	$23K

Holdings After Transaction: Common Stock — 68,938 shares (Direct)

Footnotes (2)

1. F1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 30, 2026 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.
2. F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.50 to $14.72 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

Shares sold: 1,576 shares Weighted average sale price: $14.6415 per share Sale price range: $14.50–$14.72 per share +2 more

5 metrics

Shares sold 1,576 shares Common stock sale on September 17, 2026 by Chief Accounting Officer

Weighted average sale price $14.6415 per share Common stock sold on September 17, 2026

Sale price range $14.50–$14.72 per share Multiple transactions comprising the reported sale

Shares held after transaction 68,938 shares Direct holdings of Shams Sammaad after the September 17, 2026 sale

Rule 10b5-1 plan adoption date March 30, 2026 Trading plan under which the reported sale was executed

Key Terms

Rule 10b5-1, weighted average price, tax withholding obligations, equity awards

4 terms

Rule 10b5-1 regulatory

"This sale was effected pursuant to a Rule 10b5-1 sales plan adopted"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

weighted average price financial

"The reported price is a weighted average price. These shares were sold"

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

"proceeds are intended to be used to satisfy tax withholding obligations"

equity awards financial

"in connection with the vesting of the underlying equity awards"

Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NEXTNAV INC. (NN) report for Shams Sammaad?

NEXTNAV INC. reported that Chief Accounting Officer Shams Sammaad sold 1,576 shares of common stock on September 17, 2026, at a weighted average price of $14.6415 per share, leaving him with 68,938 shares held directly afterward.

At what price were the NN shares sold in this Form 4 filing?

The reported sale used a weighted average price of $14.6415 per share. The shares were sold in multiple transactions at prices ranging from $14.50 to $14.72 per share, inclusive, according to the filing footnote.

How many NEXTNAV (NN) shares does Shams Sammaad hold after the reported sale?

After the sale, Chief Accounting Officer Shams Sammaad directly holds 68,938 shares of NEXTNAV INC. common stock, as stated in the Form 4 filing.

Was the NN insider sale by Shams Sammaad under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 sales plan adopted by Shams Sammaad on March 30, 2026, indicating the trades were pre-arranged under that plan.

Why did NEXTNAV’s Chief Accounting Officer sell shares according to this Form 4?

The filing notes that the sale proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of underlying equity awards, indicating a tax-related purpose for the transaction.

How many NN shares were sold in total in the September 17, 2026 transaction?

The Form 4 reports that 1,576 shares of NEXTNAV INC. common stock were sold on September 17, 2026 in multiple transactions within the stated price range.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/21/2026 - 08:01 PM Accepted by SEC EDGAR 09/21/2026 - 08:00 PM Learn about SEC filing dates

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).

X

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 DR.

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2026		S(1)		1,576	D	$14.6415(2)	68,938	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 30, 2026 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.50 to $14.72 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.

	/s/ James Black, by power of attorney	09/21/2026
	** 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)