NNAVW Form 144: RSU sale of 69,853 shares via Morgan Stanley

Rhea-AI Filing Summary

NextNav Inc. (NNAVW) Form 144 notice reports a proposed sale of 69,853 common shares held as restricted stock units acquired on 08/29/2025. The sale is scheduled for 09/02/2025 through Morgan Stanley Smith Barney LLC, with an aggregate market value listed at $1,244,081.93. The filing shows prior 10b5-1 sales by the same account on 06/20/2025 of 69,853 shares for gross proceeds of $1,004,570.33. The filer represents there is no undisclosed material adverse information and references Rule 10b5-1 procedures where applicable.

Positive

• Compliance disclosure: The filer provided broker, acquisition and sale dates and attestation required under Rule 144
• Use of 10b5-1 plan: Prior 10b5-1 sales are disclosed, suggesting pre-established trading instructions

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale using a broker and prior 10b5-1 activity; not a financial performance update.

The filing documents a planned sale of 69,853 restricted stock units acquired 08/29/2025, to be executed 09/02/2025 via Morgan Stanley Smith Barney LLC with an aggregate market value of $1,244,081.93. A prior 10b5-1 sale of the same share amount occurred 06/20/2025 for $1,004,570.33, indicating the holder has executed planned sales over the summer. This notice is procedural compliance under Rule 144 and does not include operating results, balance sheet changes, or forward guidance.

Corporate Governance Expert

TL;DR: Filing shows compliance with disclosure rules and a 10b5-1 trading pattern; no governance breach disclosed.

The filer indicates the shares were granted as restricted stock units by the issuer and acquired on 08/29/2025. The disclosure includes broker details and a statement attesting no undisclosed material adverse information, and it references a prior 10b5-1 plan sale on 06/20/2025. From a governance perspective, the document is a standard transfer/sale notice and contains the expected attestations and broker information required for public transparency.

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	1244081.93	133130567	09/02/2025	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	08/29/2025	Restricted Stock Units	Issuer			69853	08/29/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MARIAM SOROND 11911 Freedom Dr. Suite 200 Reston VA 20190	Common	06/20/2025	69853	1004570.33

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 shares are being sold in the NNAVW Form 144?

The notice covers 69,853 common shares originally granted as restricted stock units.

When were the NNAVW securities acquired and when is the sale planned?

The RSUs were acquired on 08/29/2025 and the proposed sale date is 09/02/2025.

Through which broker will the NNAVW sale be executed and what is the aggregate market value?

The sale is to be executed via Morgan Stanley Smith Barney LLC with an aggregate market value of $1,244,081.93.

Has the filer sold NNAVW shares recently?

Yes. Prior 10b5-1 sales for the same account on 06/20/2025 show 69,853 shares sold for gross proceeds of $1,004,570.33.

Does the filing state any undisclosed material adverse information?

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