Director at NextNav (NN) receives 7,550 restricted common shares

Rhea-AI Filing Summary

Palmer Nicola reported acquisition or exercise transactions in this Form 4 filing.

NEXTNAV INC. director Nicola Palmer received a grant of 7,550 shares of common stock on May 21, 2026. The filing describes these as restricted shares that function as an equity award rather than an open-market purchase.

According to the terms, 100% of the restricted shares vest on May 1, 2027, provided Palmer continues in service through that date. Following this grant, Palmer directly holds a total of 38,327 shares of NextNav common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Palmer Nicola

Role null

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

Holdings After Transaction: Common Stock — 38,327 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted share grant: 7,550 shares Post-grant holdings: 38,327 shares Grant price per share: $0.0000 per share +1 more

4 metrics

Restricted share grant 7,550 shares Common stock awarded on May 21, 2026

Post-grant holdings 38,327 shares Total common stock held directly after the grant

Grant price per share $0.0000 per share Equity award, not an open-market purchase

Vesting date May 1, 2027 100% of restricted shares vest on this date

Key Terms

restricted shares, vesting, equity award

3 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.

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.

equity award financial

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

An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.

Form 4 Insider Transactions: What Each Field Means →

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^*

Palmer Nicola

(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	38,327	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)

FAQ

What insider transaction did NextNav (NN) report for Nicola Palmer?

NextNav reported that director Nicola Palmer received a grant of 7,550 restricted shares of common stock. The award was recorded at zero purchase price and represents equity compensation rather than an open-market share purchase or sale.

When do Nicola Palmer’s restricted NextNav (NN) shares vest?

All of Nicola Palmer’s 7,550 restricted NextNav shares are scheduled to vest on May 1, 2027. Vesting is conditioned on Palmer’s continued service with the company through that date, aligning the award with long-term involvement.

How many NextNav (NN) shares does Nicola Palmer hold after this grant?

Following the restricted share grant, Nicola Palmer directly holds 38,327 shares of NextNav common stock. This total reflects her position after adding the 7,550-share equity award reported in the Form 4 insider filing.

Was cash paid for Nicola Palmer’s new NextNav (NN) shares?

No cash was paid for these shares; the reported price per share is 0.0000. The 7,550 shares are described as a grant of restricted stock, meaning they are part of a compensation award, not a market purchase.

What type of equity award did NextNav (NN) give to Nicola Palmer?

NextNav granted Nicola Palmer restricted shares of common stock, referred to as “Restricted Shares” in the filing. These 7,550 shares vest in full on May 1, 2027, assuming she continues to provide service until that vesting date.