Director Jonathan Marcus granted 7,550 NextNav (NN) restricted shares, holding 38,444

Rhea-AI Filing Summary

MARCUS JONATHAN ANTHONY reported acquisition or exercise transactions in this Form 4 filing.

NEXTNAV INC. director Jonathan Anthony Marcus received a grant of 7,550 shares of common stock as equity compensation. The award was granted at no cash cost per share and is structured as restricted shares. Subject to his continued service, 100% of these restricted shares will vest on May 1, 2027. Following this grant, Marcus directly holds 38,444 shares of NextNav common stock. This filing reflects a stock-based compensation award rather than an open-market purchase or sale.

Insights

Equity compensation analyst

Routine director equity grant with time-based vesting.

The filing shows Jonathan Anthony Marcus, a director of NEXTNAV INC., receiving 7,550 restricted shares as compensation. The transaction code A and zero price indicate a grant or award, not a market trade.

The footnote states all restricted shares vest on May 1, 2027, conditioned on continued service. This aligns with standard governance practices that tie director compensation to long-term company performance through equity.

After the grant, Marcus holds 38,444 shares directly. With no derivative positions shown and no sales activity, this Form 4 mainly updates his equity stake and does not signal a directional view on the stock.

Insider Trade Summary

Net Buyer: 7,550 shares

Net Buy 1 txn

Insider MARCUS JONATHAN ANTHONY

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,550	$0.00	$0.00

Holdings After Transaction: Common Stock — 38,444 shares (Direct)

Footnotes (1)

1. F1. Represents a grant of restricted shares (the "Restricted Shares"). Subject to the Reporting Person's continued service through the applicable vesting date, 100% of the Restricted Shares shall vest on May 1, 2027.

Key Figures

Restricted stock grant: 7,550 shares Grant price: $0.0000 per share Post-grant holdings: 38,444 shares +1 more

4 metrics

Restricted stock grant 7,550 shares Grant of restricted common stock to director on May 21, 2026

Grant price $0.0000 per share Indicates non-cash equity award, not market purchase

Post-grant holdings 38,444 shares Total common shares directly held after the transaction

Vesting date May 1, 2027 100% of restricted shares vest subject to continued service

Key Terms

restricted shares, Grant, award, or other acquisition, vesting, Form 4

4 terms

restricted shares financial

"Represents a grant of restricted shares (the "Restricted Shares")."

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

vesting financial

"100% of the Restricted Shares shall vest on May 1, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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

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Accepted by SEC EDGAR 05/26/2026 - 07:13 PM Learn about SEC filing dates

FAQ

What did Jonathan Anthony Marcus report in this NextNav (NN) Form 4?

Jonathan Anthony Marcus reported receiving 7,550 shares of NextNav common stock as a restricted stock grant. The award was granted at no cash cost and represents equity-based director compensation rather than an open-market stock purchase or sale.

Is the Form 4 transaction for NextNav (NN) a stock purchase or a grant?

The Form 4 shows a grant, not a purchase. Transaction code A and a price of $0.0000 per share indicate a grant or award of restricted shares as compensation, instead of an open-market buy transaction.

When do Jonathan Anthony Marcus’s restricted NextNav (NN) shares vest?

All 7,550 restricted NextNav shares are scheduled to vest on May 1, 2027, as long as Marcus continues to serve through that date. Until vesting, the shares remain subject to the restricted stock terms described in the grant.

How many NextNav (NN) shares does Jonathan Anthony Marcus hold after this grant?

Following the restricted stock grant, Jonathan Anthony Marcus directly holds 38,444 shares of NextNav common stock. This updated total reflects his position after receiving the 7,550-share award reported in the Form 4 filing.

Does the NextNav (NN) Form 4 indicate any insider stock sales?

The Form 4 does not report any stock sales. It shows only an acquisition of 7,550 restricted shares through an equity grant, with no corresponding disposition or open-market selling activity by Jonathan Anthony Marcus in this filing.

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^*

MARCUS JONATHAN ANTHONY

(Last) (First) (Middle)

11911 FREEDOM DR.

STE. 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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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	05/21/2026		A		7,550(1)	A	$0	38,444	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. Represents a grant of restricted shares (the "Restricted Shares"). Subject to the Reporting Person's continued service through the applicable vesting date, 100% of the Restricted Shares shall vest on May 1, 2027.

	/s/ James S. Black by power of attorney	05/26/2026
	** 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)