NextNav (NN) officer reports 1,576-share sale under Rule 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NextNav Inc. reported that its chief accounting officer sold 1,576 shares of common stock on 12/16/2025 at a weighted average price of $16.2449, with individual trades executed between $16.2350 and $16.260 per share.
The transaction was carried out under a pre-arranged Rule 10b5-1 sales plan adopted on August 15, 2025, and the proceeds are intended to satisfy tax withholding obligations related to vesting equity awards. Following this sale, the officer beneficially owns 65,995 shares of NextNav common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,576 shares ($25,602)
Net Sell
1 txn
Insider
Shams Sammaad
Role
Chief Accounting Officer
Sold
1,576 shs ($26K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,576 | $16.2449 | $26K |
Holdings After Transaction:
Common Stock — 65,995 shares (Direct)
Footnotes (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. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.2350 to $16.260, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 Footnote 2 to this Form 4.