NextNav CFO Timothy Gray sells 11,099 shares
The Chief Financial Officer's sale followed a plan adopted December 22, 2025, with proceeds intended for tax withholding tied to vesting equity awards.
Rhea-AI Filing Summary
NextNav Inc. Chief Financial Officer Timothy Gray sold 11,099 shares of common stock on September 23, 2026, at a weighted average price of $14.6444 per share; individual sales ranged from $14.33 to $15.05. The sale was made under a Rule 10b5-1 sales plan adopted on December 22, 2025. Proceeds are intended to satisfy tax withholding obligations in connection with vesting of the underlying equity awards. Gray directly held 120,687 shares after the sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 11,099 | $14.6444 | $163K |
Footnotes (2)
- F1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.
- F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.33 to $15.05 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.
Key Figures
Key Terms
Rule 10b5-1 sales plan regulatory
weighted average price financial
tax withholding obligations financial
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