Form 144: NNAVW RSUs of 1,252 shares to be sold; recent 10b5-1 sales noted

Rhea-AI Filing Summary

NextNav Inc. filing notifies a proposed Rule 144 sale of 1,252 common shares through Morgan Stanley Smith Barney with an aggregate market value of $17,215.00. The shares were acquired as restricted stock units on 07/27/2025 and the approximate sale date is listed as 08/11/2025. The filing reports 133,130,567 shares outstanding.

The notice also discloses recent 10b5-1 sales by the same account totaling 7,651 shares in the past three months, with gross proceeds of $105,456.78. The filer includes the standard representation that they are not aware of any undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Routine, small insider liquidity event—immaterial to capitalization but confirms recent planned sales.

The filing documents a planned sale of 1,252 common shares acquired as RSUs on 07/27/2025, with an aggregate market value of $17,215 and an approximate sale date of 08/11/2025. Relative to the reported 133,130,567 shares outstanding, the position is negligible (0.001% of shares outstanding). The filing also shows prior 10b5-1 sales totaling 7,651 shares in the last three months, indicating ongoing, patterned dispositions. For investors, this appears as a standard insider liquidity event rather than a material change to company fundamentals.

Compliance / Risk Analyst

TL;DR: Form contains required Rule 144 disclosure and seller representations; documentation of 10b5-1 trades supports procedural compliance.

The notice names Morgan Stanley Smith Barney as broker and records the securities were acquired as restricted stock units on 07/27/2025. It also lists two 10b5-1 sales in the prior three months with specific dates, amounts, and gross proceeds, demonstrating prior scheduled trading activity. The form includes the seller's certification that they do not possess undisclosed material adverse information, and warns about legal penalties for misstatements. From a compliance perspective, the filing includes the standard elements expected for such a transaction.

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	1252	17215.00	133130567	08/11/2025	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	07/27/2025	Restricted Stock Units	Issuer			1252	07/27/2025	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 CHRISTIAN D GATES 11911 Freedom Dr. Suite 200 Reston VA 20190	Common	06/17/2025	6399	89306.36
10b5-1 Sales for CHRISTIAN D GATES 11911 Freedom Dr. Suite 200 Reston VA 20190	Common	05/12/2025	1252	16150.42

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

What does the Form 144 for NextNav (NNAVW) disclose?

The filing discloses a proposed Rule 144 sale of 1,252 common shares acquired as RSUs on 07/27/2025, with an aggregate market value of $17,215.00 and an approximate sale date of 08/11/2025.

How many shares is the insider selling in the NNAVW Form 144?

The notice lists 1,252 shares of common stock to be sold under Rule 144.

When were the securities being sold acquired?

The securities were acquired as Restricted Stock Units on 07/27/2025 and the filing shows the acquisition date as 07/27/2025.

Has the same person sold NNAVW shares recently?

Yes. The filing discloses 10b5-1 sales in the past three months totaling 7,651 shares: 6,399 shares sold on 06/17/2025 for $89,306.36 and 1,252 shares sold on 05/12/2025 for $16,150.42.

Does the filing state whether the seller knows of undisclosed material information?

The filer represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.