NextNav accounting chief sells 430 shares at $14.79

NextNav’s Chief Accounting Officer sold 430 NN shares under a Rule 10b5-1 plan to cover tax withholding on vesting equity awards.

Available on EDGAR 09/16/2026 - 08:01 PM EDT Accepted by SEC EDGAR 09/16/2026 - 08:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

NEXTNAV INC. (NN) reported that Chief Accounting Officer Shams Sammaad sold 430 shares of common stock on September 16, 2026 at a weighted average price of $14.79 per share. The sale was made under a Rule 10b5-1 sales plan, and proceeds are intended to satisfy tax withholding obligations from vesting equity awards. Following this transaction, Sammaad held 70,514 shares directly.

Insider Trade Summary 10b5-1

Net Seller: 430 shares

Net Sell 1 txn

Insider Shams Sammaad

Role Chief Accounting Officer

Sold 430 shs ($6K)

Share of Position Sold 0.61%

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	430	$14.79	$6K

Holdings After Transaction: Common Stock — 70,514 shares (Direct)

Holdings Before and After: Common Stock, 70,944 to 70,514 shares (Direct)

Other Insiders: 3 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 30, 2026 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.
2. F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.79 to $14.79 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

Shares sold: 430 shares Sale price (weighted average): $14.79 per share Shares owned after transaction: 70,514 shares +2 more

5 metrics

Shares sold 430 shares Common stock sale by Chief Accounting Officer on September 16, 2026

Sale price (weighted average) $14.79 per share Common stock sold in multiple transactions within a $14.79–$14.79 range

Shares owned after transaction 70,514 shares Direct holdings of Chief Accounting Officer after the sale

Total shares sold in filing 430 shares Net shares sold across all reported transactions in this Form 4

Rule 10b5-1 plan adoption date March 30, 2026 Date the sales plan governing this transaction was adopted

Key Terms

Rule 10b5-1 sales plan, weighted average price, tax withholding obligations

3 terms

Rule 10b5-1 sales plan regulatory

"This sale was effected pursuant to a Rule 10b5-1 sales plan adopted"

weighted average price financial

"The reported price is a weighted average price. These shares were sold"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

tax withholding obligations financial

"proceeds are intended to be used to satisfy tax withholding obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NEXTNAV INC. (NN) report for Shams Sammaad?

NEXTNAV INC. reported that Chief Accounting Officer Shams Sammaad sold 430 shares of common stock on September 16, 2026 in a transaction reported on Form 4.

At what price were the 430 NN shares sold by the Chief Accounting Officer?

The 430 NN shares were sold at a weighted average price of $14.79 per share. The filing notes sales occurred in multiple transactions within a price range of $14.79 to $14.79 per share.

Was the NN insider sale by Shams Sammaad made under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 sales plan adopted by Shams Sammaad on March 30, 2026.

Why did the NEXTNAV INC. (NN) Chief Accounting Officer sell 430 shares?

According to the filing, the proceeds from the sale of 430 shares are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

How many NN shares does Shams Sammaad hold after this reported sale?

After the reported sale, Chief Accounting Officer Shams Sammaad held 70,514 shares of NEXTNAV INC. common stock directly, as stated in the Form 4.

How many NN shares in total did the insider sell in this Form 4?

The Form 4 reports that 430 shares of NEXTNAV INC. common stock were sold, with no other transactions disclosed in this filing.

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

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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).

X

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^*

Shams Sammaad

(Last) (First) (Middle)

11911 FREEDOM DR.

SUITE 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

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	09/16/2026		S(1)		430	D	$14.79(2)	70,514	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. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 30, 2026 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.79 to $14.79 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.

	/s/ James Black, by power of attorney	09/16/2026
	** 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)