STOCK TITAN

NEXTNAV (NN) COO Susan Brasse Insley sells 2,370 shares in planned 10b5-1 trade

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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 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)
  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.
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
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"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Insley Susan Brasse

(Last)(First)(Middle)
11911 FREEDOM DRIVE
SUITE 200

(Street)
RESTON VIRGINIA 20190

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NEXTNAV INC. [ NN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/24/2026S(1)2,370D$17.1316(2)167,054D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
/s/ James Black06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NEXTNAV INC. (NN) report for Susan Brasse Insley?

NEXTNAV INC. reported that Chief Operating Officer Susan Brasse Insley sold 2,370 shares of common stock in an open-market transaction at a weighted average price of $17.1316 per share, leaving her with 167,054 shares directly held after the sale.

Was the NEXTNAV INC. (NN) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected under a pre-arranged Rule 10b5-1 sales plan adopted by Susan Brasse Insley, meaning the trade was scheduled in advance rather than timed discretionarily, which typically reduces the informational value of its timing.

How many NEXTNAV INC. (NN) shares does Susan Brasse Insley hold after the reported sale?

After selling 2,370 shares, Chief Operating Officer Susan Brasse Insley holds 167,054 NEXTNAV INC. common shares directly. This context shows the reported transaction represents only a small fraction of her overall disclosed equity position in the company.

What price range did the NEXTNAV INC. (NN) insider shares sell for?

The reported weighted average sale price was $17.1316 per share, with multiple trades executed between $16.90 and $17.49. The filing notes the insider can provide full details of share amounts at each separate price within this range upon request.

Why did the NEXTNAV INC. (NN) insider say the sale proceeds are needed?

The filing explains that proceeds from the 2,370-share sale are intended to satisfy tax withholding obligations associated with the vesting of underlying equity awards, indicating the transaction is linked to compensation and tax requirements rather than purely discretionary portfolio changes.