NextNav (NN) director receives 7,550 restricted shares vesting in 2027

Rhea-AI Filing Summary

MULETA JOHN B reported acquisition or exercise transactions in this Form 4 filing.

NEXTNAV INC. director John B. Muleta received a grant of 7,550 restricted shares of common stock at no cost as part of his compensation. These restricted shares are scheduled to vest 100% on May 1, 2027, contingent on his continued service. Following this award, he directly holds a total of 66,830 common shares.

Insider Trade Summary

Net Buyer: 7,550 shares

Net Buy 1 txn

Insider MULETA JOHN B

Role Director

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

Holdings After Transaction: Common Stock — 66,830 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Restricted shares granted: 7,550 shares Grant price per share: $0.0000 per share Shares held after grant: 66,830 shares +1 more

4 metrics

Restricted shares granted 7,550 shares Director equity award on May 21, 2026

Grant price per share $0.0000 per share Non-cash restricted share grant

Shares held after grant 66,830 shares Direct holdings following transaction

Vesting date May 1, 2027 100% of restricted shares vest if service continues

Key Terms

restricted shares, vest, grant, Common Stock

4 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.

vest financial

"100% of the Restricted Shares shall vest on May 1, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant financial

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

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/26/2026 - 07:02 PM Learn about SEC filing dates

FAQ

What insider transaction did NEXTNAV INC. (NN) report for John B. Muleta?

NEXTNAV INC. reported that director John B. Muleta received a grant of 7,550 restricted shares of common stock. The award was made at no cash cost per share and increases his direct holdings to 66,830 common shares after the transaction.

Are the 7,550 NEXTNAV (NN) shares granted to John B. Muleta immediately vested?

No, the 7,550 shares are restricted and vest 100% on May 1, 2027, subject to Muleta’s continued service. Until vesting, the shares remain subject to forfeiture conditions described in the grant’s terms, typical for equity compensation awards to directors.

How many NEXTNAV INC. (NN) shares does John B. Muleta own after this Form 4 transaction?

After the restricted share grant, John B. Muleta directly holds 66,830 shares of NEXTNAV common stock. This total includes the newly awarded 7,550 restricted shares, which will vest in full on May 1, 2027, if his board service continues through that date.

Was the NEXTNAV (NN) restricted share grant to John B. Muleta a cash purchase?

No, the grant was reported at a price of $0.0000 per share, indicating a non-cash equity award. Such grants are typically part of director compensation programs and do not involve an out-of-pocket share purchase in the open market by the recipient.

What are the vesting terms of John B. Muleta’s NEXTNAV (NN) restricted shares?

All 7,550 restricted shares are scheduled to vest in a single tranche on May 1, 2027. Vesting is conditioned on Muleta’s continued service through that date, meaning the shares could be forfeited if he ceases service before the vesting milestone.

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^*

MULETA JOHN B

(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	66,830	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)