Director Lorin Selby receives 7,550-share equity grant at NEXTNAV (NN)

Rhea-AI Filing Summary

Selby Lorin reported acquisition or exercise transactions in this Form 4 filing.

NEXTNAV INC. director Lorin Selby reported an equity compensation grant of 7,550 shares of common stock at no cash cost. After this award, Selby holds a total of 20,704 common shares directly. According to the disclosure, these are restricted shares that vest fully on May 1, 2027, provided Selby continues in service through that date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Selby Lorin

Role null

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

Holdings After Transaction: Common Stock — 20,704 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity grant size: 7,550 shares Post-transaction holdings: 20,704 shares Vesting date: May 1, 2027 +2 more

5 metrics

Equity grant size 7,550 shares Restricted common stock award to director Lorin Selby

Post-transaction holdings 20,704 shares Total common shares held directly after grant

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

Grant price per share $0.0000 per share Indicates a compensation grant, not market purchase

Transaction code A Grant, award, or other acquisition of common stock

Key Terms

restricted shares, vesting, grant, award, or other acquisition

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.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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^*

Selby Lorin

(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	20,704	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 INC. (NN) report for Lorin Selby?

NEXTNAV INC. reported that director Lorin Selby received a grant of 7,550 shares of common stock as an equity award. The shares were granted at no cash cost and increase Selby’s direct holdings as part of the company’s compensation structure.

How many NEXTNAV INC. (NN) shares does Lorin Selby hold after this Form 4?

Following the reported grant, Lorin Selby holds 20,704 shares of NEXTNAV INC. common stock directly. This total includes the 7,550 newly granted restricted shares, reflecting Selby’s updated ownership position as disclosed in the Form 4 filing.

Are the 7,550 NEXTNAV INC. (NN) shares granted to Lorin Selby restricted?

Yes. The 7,550 shares granted to Lorin Selby are restricted shares. The filing states that, subject to continued service through the vesting date, 100% of these restricted shares will vest on May 1, 2027, aligning incentives with longer-term company service.

When do Lorin Selby’s restricted NEXTNAV INC. (NN) shares vest?

The restricted shares granted to Lorin Selby vest in full on May 1, 2027. Vesting is conditioned on Selby’s continued service with NEXTNAV INC. through that date, making the award a long-term incentive tied to ongoing board service.

Was Lorin Selby’s NEXTNAV INC. (NN) transaction an open-market purchase or a grant?

The transaction was a grant, not an open-market purchase. The Form 4 uses transaction code “A” for an award and reports a price of $0.0000 per share, indicating an equity compensation grant rather than shares bought in the market.

Does Lorin Selby have any reported derivative positions in NEXTNAV INC. (NN)?

The filing does not list any derivative securities for Lorin Selby. The transaction involves only non-derivative common stock, and the derivative section of the Form 4 is empty in this disclosure.