[144] NextNav Inc. Warrant SEC Filing
Rhea-AI Filing Summary
NextNav Inc. (NNAVW) submitted a Form 144 notifying a proposed sale of 688 common shares with an aggregate market value of $9,460. The shares are scheduled for sale on 08/11/2025 on NASDAQ through Morgan Stanley Smith Barney LLC. The securities were acquired as Restricted Stock Units from the issuer on 07/22/2025.
The filing lists total outstanding shares of 133,130,567 and discloses prior 10b5-1 sales by Sammaad Shams totaling 1,503 shares in June 2025 for aggregate proceeds of $21,048.60. The filer attests there is no undisclosed material adverse information and includes the standard Rule 144 representations.
Positive
- None.
Negative
- None.
Insights
Small, scheduled insider sale via RSUs; appears routine and likely immaterial to share supply.
The Form 144 shows a planned sale of 688 shares valued at $9,460, to occur on 08/11/2025 on NASDAQ through Morgan Stanley Smith Barney LLC. With 133,130,567 shares outstanding reported, the disclosed sale represents an extremely small fraction of outstanding shares. The filing also records prior 10b5-1 sales totaling 1,503 shares in June 2025, indicating executed systematic sales rather than a single large disposition.
Form 144 presents standard compliance disclosures and a Rule 10b5-1 history; signature attestation included.
The document identifies the securities as RSUs acquired on 07/22/2025 from the issuer and names the broker as Morgan Stanley Smith Barney LLC. It includes the statutory attestation that the filer does not possess undisclosed material adverse information and references prior 10b5-1 plan sales by Sammaad Shams. These elements are consistent with routine insider reporting and Rule 144 procedural compliance.