NNAVW Form 144: 102-Share Insider Sale via 10b5-1 Plan Filed

Rhea-AI Filing Summary

NextNav Inc. (symbol: NNAVW) filed a Form 144 indicating a proposed sale of 102 common shares on 06/20/2025 through Morgan Stanley Smith Barney LLC. The aggregate market value of the planned transaction is $1,467.78, based on the filing2019s reference price, versus 132,397,178 shares outstanding, implying a <0.0001% dilution effect. The seller 9s earlier Rule 10b5-1 plan produced a separate sale of 1,401 shares on 06/17/2025 for gross proceeds of $19,558.38. No material adverse, undisclosed information is claimed by the filer, and the form confirms the trade relies on a pre1ade 10b5-1 plan. Because of the very small share volume involved relative to shares outstanding, the filing is routine and unlikely to influence the company19s capital structure or market price.

Positive

• None.

Negative

• Insider selling activity registered, although volume is negligible in context.

Insights

Equity Analyst

TL;DR: Minor insider sale (102 shares) under 10b5-1 plan; immaterial to NNAVW valuation.

The Form 144 outlines an intent to sell 102 common shares (<$1,500 value) and references a prior 1,401-share sale. With >132 million shares outstanding, the combined 1,503 shares represent roughly 0.001%. Such volume is far below thresholds that signal strategic divestment or insider pessimism. The use of a 10b5-1 plan further reduces signaling risk, as trades are pre-scheduled. Therefore, I classify the filing as neutral and not impactful for fundamental or technical analysis.

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

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	102	1467.78	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	06/18/2025	Restricted Stock Units	Issuer			102	06/18/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SAMMAAD SHAMS 11911 Freedom Dr. Suite 200 Reston VA 20190	Common	06/17/2025	1401	19558.38

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 sold under this Form 144?

The filing covers 102 common shares slated for sale on 06/20/2025.

What is the value of the planned NNAVW share sale?

The aggregate market value cited is $1,467.78.

Who is executing the trade and on which exchange?

Morgan Stanley Smith Barney LLC will execute the sale on the NASDAQ.

Does the filing indicate previous insider sales?

Yes, a prior 10b5-1 sale of 1,401 shares occurred on 06/17/2025, yielding $19,558.38.

What percentage of NextNav’s outstanding shares does this sale represent?

The 102-share sale equals <0.0001% of the 132,397,178 shares outstanding.