[144] NextNav Inc. Warrant SEC Filing

Rhea-AI Filing Summary

The Form 144 filing discloses a proposed Rule 144 sale of 69,853 common shares of NextNav Inc. (symbol NNAVW). The shares were acquired on 05/29/2025 as Restricted Stock Units from the issuer and are now being registered for resale through Morgan Stanley Smith Barney LLC. The filer (name not provided) intends to conduct the sale on or about 06/20/2025 on the NASDAQ.

Key figures from the notice:

• Shares to be sold: 69,853
• Aggregate market value: US $1,005,184.67
• Total shares outstanding: 132,397,178
• Sale size as % of shares outstanding: ~0.05%
• Broker: Morgan Stanley Smith Barney LLC, New York, NY

No other sales by the same filer have been reported in the past three months, and no additional consideration details were disclosed. The filing contains standard attestations that the seller possesses no undisclosed material adverse information. Because the transaction represents a very small fraction of total shares, the market impact is expected to be limited, but investors often monitor Form 144 filings as potential sentiment indicators.

Positive

• None.

Negative

• Proposed insider sale of 69,853 shares (~0.05% of outstanding) valued at US$1.0 million could introduce marginal selling pressure and may be viewed cautiously by sentiment-driven investors.

Insights

Financial Analyst

TL;DR Minor Form 144: 69.9k NextNav shares (~0.05%) slated for sale on 20 Jun 2025; limited financial impact expected.

The filing registers a relatively small insider share disposal worth roughly US$1.0 million. With 132.4 million shares outstanding, dilution or supply pressure should be negligible. However, frequent Form 144 activity can signal insiders monetising equity, so traders may track follow-on filings. No identity or relationship was provided, limiting deeper interpretation. Overall, this is a routine compliance notice rather than a material event.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	69853	1005184.67	132397178	06/20/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/29/2025	Restricted Stock Units	Issuer			69853	05/29/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many NextNav (NNAVW) shares are being registered for sale in this Form 144?

The notice covers 69,853 common shares of NextNav Inc.

What is the estimated market value of the shares in the NextNav Form 144 filing?

The aggregate market value is listed as US $1,005,184.67.

When is the approximate sale date for the NextNav shares?

The filer plans to sell on or about 06/20/2025.

What percentage of NextNav's outstanding shares does the sale represent?

About 0.05% of the 132,397,178 shares outstanding.

Which broker will execute the sale disclosed in the Form 144?

Morgan Stanley Smith Barney LLC, Executive Financial Services, New York.

Were there any other insider sales by this filer in the last three months?

The filing states "Nothing to Report" for prior 3-month sales.