NEXTNAV (NN) COO Susan Brasse Insley sells 2,370 shares in planned 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEXTNAV INC. Chief Operating Officer Susan Brasse Insley reported an open-market sale of 2,370 shares of common stock at a weighted average price of $17.1316 per share. After the sale, she directly holds 167,054 shares.
The transaction was executed under a pre-arranged Rule 10b5-1 sales plan, and the filing states that proceeds are intended to satisfy tax withholding obligations tied to vesting equity awards, indicating a planned, compensation-related sale of a small portion of her holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,370 shares ($40,602)
Net Sell
1 txn
Insider
Insley Susan Brasse
Role
Chief Operating Officer
Sold
2,370 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,370 | $17.1316 | $41K |
Holdings After Transaction:
Common Stock — 167,054 shares (Direct, null)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 19, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.90 to $17.49 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 2,370 shares
Weighted average sale price: $17.1316 per share
Shares held after transaction: 167,054 shares
+1 more
4 metrics
Shares sold
2,370 shares
Open-market sale of common stock
Weighted average sale price
$17.1316 per share
Common stock sale transaction
Shares held after transaction
167,054 shares
Direct ownership following sale
Sale price range
$16.90–$17.49 per share
Range of individual trade prices
Key Terms
Rule 10b5-1 sales plan, weighted average price, tax withholding obligations
3 terms
Rule 10b5-1 sales plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person"
weighted average price financial
"The reported price is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting"