NextNav Inc. (NN) investor Samberg discloses 13.1M-share position
Rhea-AI Filing Summary
NextNav Inc. received an amended Schedule 13G/A from investor Joseph D. Samberg and The Joseph D. Samberg Revocable Trust. The filing reports beneficial ownership of 13,110,000 shares of common stock, representing 7.77% of the class, based on 168,809,910 shares outstanding as of August 7, 2026. The Revocable Trust directly holds 10,500,000 shares, and entities that could be deemed controlled by Mr. Samberg hold an additional 2,610,000 shares. The reporting persons have shared voting and dispositive power over these shares and no sole voting or dispositive power. The filing states it should not be construed as an admission of beneficial ownership for any legal purpose.
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Key Figures
Beneficially owned shares (Samberg group): 13,110,000 shares
Ownership percentage (Samberg group): 7.77%
Shares held by Revocable Trust: 10,500,000 shares
+3 more
6 metrics
Beneficially owned shares (Samberg group)
13,110,000 shares
Total common stock reported as beneficially owned by Joseph D. Samberg and related entities
Ownership percentage (Samberg group)
7.77%
Portion of NextNav common stock beneficially owned, based on 168,809,910 shares outstanding
Shares held by Revocable Trust
10,500,000 shares
Common stock directly held by The Joseph D. Samberg Revocable Trust
Ownership percentage (Revocable Trust)
6.22%
Trust’s portion of NextNav common stock, based on 168,809,910 shares outstanding
Shares outstanding
168,809,910 shares
NextNav common stock outstanding as of August 7, 2026, per Form 10-Q
Shares held by controlled entities
2,610,000 shares
Common stock held by entities that could be deemed controlled by Joseph D. Samberg
Key Terms
beneficially own, shared voting power, shared dispositive power, Revocable Trust, +1 more
5 terms
beneficially own financial
"Mr. Samberg may be deemed to beneficially own the securities directly held by the Revocable Trust"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Revocable Trust financial
"The Joseph D. Samberg Revocable Trust, of which Mr. Samberg serves as trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Schedule 13G/A regulatory
"The Reporting Persons are filing this Amendment No. 6 to this Schedule 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
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