STOCK TITAN

NextNav (NN) CAO sells 3,412 shares under 10b5-1 trading plan

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

Rhea-AI Filing Summary

NEXTNAV INC. Chief Accounting Officer Shams Sammaad reported two open‑market sales of common stock. On March 19, 2026, he sold 115 shares at $17.80 per share. On March 17, 2026, he sold 3,297 shares at a weighted average price of $16.8551 per share.

After these transactions, Sammaad directly holds 62,468 shares of NextNav common stock. According to a footnote, at least part of the selling activity was conducted under a pre‑arranged Rule 10b5‑1 sales plan and the proceeds are intended to cover tax withholding obligations related to vesting equity awards.

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).
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 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)
03/17/2026
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 Stock03/17/2026S(1)3,297D$16.8551(2)62,583D
Common Stock03/19/2026S(1)115D$17.862,468D
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
Explanation of Responses:
1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 15, 2025 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 $16.71 to $16.99 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 attorney03/19/2026
** 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 insider transactions did NextNav (NN) report for Shams Sammaad?

NextNav reported that Chief Accounting Officer Shams Sammaad sold 3,297 shares at a weighted average of $16.8551 and 115 shares at $17.80 per share, both as open‑market sales of common stock.

How many NextNav (NN) shares does Shams Sammaad hold after these sales?

After the reported transactions, Chief Accounting Officer Shams Sammaad directly holds 62,468 shares of NextNav common stock. This figure reflects his remaining stake following the combined sale of 3,412 shares disclosed in the recent Form 4 filing.

Were Shams Sammaad’s NextNav (NN) share sales made under a trading plan?

Yes. A filing footnote states the sale activity was effected under a pre‑arranged Rule 10b5‑1 sales plan adopted by Shams Sammaad. Such plans schedule trades in advance, providing structure and reducing the significance of day‑to‑day market timing.

What is the stated purpose of the proceeds from Shams Sammaad’s NextNav (NN) stock sales?

According to the disclosure, proceeds from the reported stock sales are intended to satisfy tax withholding obligations tied to the vesting of underlying equity awards. This frames the transactions as primarily tax‑related rather than purely discretionary portfolio changes.

What prices were received in Shams Sammaad’s recent NextNav (NN) share sales?

The Form 4 shows 3,297 shares sold at a weighted average price of $16.8551 per share and 115 shares sold at $17.80 per share. One footnote notes multiple trades occurred within a specified intraday price range.
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2.55B
96.84M
Software - Infrastructure
Search, Detection, Navigation, Guidance, Aeronautical Sys
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United States
RESTON