Welcome to our dedicated page for Nextnav SEC filings (Ticker: NNAVW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NextNav Inc. filings document an operating company focused on PNT and 3D geolocation, along with securities identified for its common stock and warrants each to purchase one share of common stock. Form 8-K reports furnish financial results and operational updates, including company discussion of GPS resiliency, FCC policy activity and commercial PNT use cases.
Proxy statements and governance filings cover annual meeting voting matters, director elections, board committee structure, executive and director compensation, equity-award valuation and related governance matters. Material-event reports also document board appointments, compensatory arrangements and other changes affecting the company’s public-company governance and capital structure.
NextNav Inc. filed its annual report describing a growing positioning, navigation and timing business built to complement and back up GPS, alongside widening losses. The company offers Pinnacle z‑axis altitude services and TerraPoiNT terrestrial PNT, while developing its 5G New Radio–based NextGen platform.
NextNav holds FCC licenses covering 12 MHz of low‑band spectrum, including a contiguous 8 MHz Lower 900 MHz block reaching over 90% of the U.S. population, and relies heavily on partnerships such as AT&T’s FirstNet for hosting and distribution. It reported net losses of $189.3 million, $101.9 million and $71.7 million for 2025, 2024 and 2023, and does not expect near‑term profitability.
Management believes existing cash, cash equivalents and marketable securities as of December 31, 2025 will fund operations and capital needs for more than 12 months, but longer‑term plans assume additional equity or debt financing. The business depends on FCC approval of its Lower 900 MHz petition and on securing 5G partnerships, while facing intense competition, technology execution risk, cybersecurity and regulatory challenges highlighted in extensive risk factors.
NextNav Inc. filed its annual report describing a growing positioning, navigation and timing business built to complement and back up GPS, alongside widening losses. The company offers Pinnacle z‑axis altitude services and TerraPoiNT terrestrial PNT, while developing its 5G New Radio–based NextGen platform.
NextNav holds FCC licenses covering 12 MHz of low‑band spectrum, including a contiguous 8 MHz Lower 900 MHz block reaching over 90% of the U.S. population, and relies heavily on partnerships such as AT&T’s FirstNet for hosting and distribution. It reported net losses of $189.3 million, $101.9 million and $71.7 million for 2025, 2024 and 2023, and does not expect near‑term profitability.
Management believes existing cash, cash equivalents and marketable securities as of December 31, 2025 will fund operations and capital needs for more than 12 months, but longer‑term plans assume additional equity or debt financing. The business depends on FCC approval of its Lower 900 MHz petition and on securing 5G partnerships, while facing intense competition, technology execution risk, cybersecurity and regulatory challenges highlighted in extensive risk factors.
NextNav Inc. reported fourth quarter and full year 2025 results, showing a small revenue base and significantly higher losses as it invests in its positioning, navigation, and timing platform. For 2025, revenue was $4.6 million while operating expenses reached $74.8 million, driving an operating loss of $70.2 million and a net loss of $189.3 million, or $1.42 per share.
As of December 31, 2025, NextNav held $44.8 million in cash and cash equivalents and $107.4 million in short-term investments, against $273.6 million of long-term debt and a total stockholders’ deficit of $86.2 million. The company highlighted regulatory momentum toward a potential FCC rulemaking for terrestrial 3D PNT, new board appointments, an expanded partnership with Japan’s MetCom, and initial localized operation of a 5G-powered PNT test network. A conference call for investors is scheduled for March 17, 2026.
NextNav Inc. reported fourth quarter and full year 2025 results, showing a small revenue base and significantly higher losses as it invests in its positioning, navigation, and timing platform. For 2025, revenue was $4.6 million while operating expenses reached $74.8 million, driving an operating loss of $70.2 million and a net loss of $189.3 million, or $1.42 per share.
As of December 31, 2025, NextNav held $44.8 million in cash and cash equivalents and $107.4 million in short-term investments, against $273.6 million of long-term debt and a total stockholders’ deficit of $86.2 million. The company highlighted regulatory momentum toward a potential FCC rulemaking for terrestrial 3D PNT, new board appointments, an expanded partnership with Japan’s MetCom, and initial localized operation of a 5G-powered PNT test network. A conference call for investors is scheduled for March 17, 2026.
NextNav Inc. CEO, President and Director Mariam Sorond reported two open-market sales of common stock under a pre-set Rule 10b5-1 trading plan. On March 3, 2026, she sold 24,993 shares at a weighted average price of $16.5332 and 44,860 shares at $17.1217, totaling 69,853 shares sold. The footnotes state that the plan was adopted on March 21, 2025 and that proceeds are intended to satisfy tax withholding obligations related to vesting equity awards. After these sales, she directly owned 1,270,946 shares of NextNav common stock.
NextNav Inc. CEO, President and Director Mariam Sorond reported two open-market sales of common stock under a pre-set Rule 10b5-1 trading plan. On March 3, 2026, she sold 24,993 shares at a weighted average price of $16.5332 and 44,860 shares at $17.1217, totaling 69,853 shares sold. The footnotes state that the plan was adopted on March 21, 2025 and that proceeds are intended to satisfy tax withholding obligations related to vesting equity awards. After these sales, she directly owned 1,270,946 shares of NextNav common stock.
NextNav Inc. reported that its Board of Directors expanded from nine to ten members and appointed Lisa Hook as a director. Her term runs until the 2026 Annual Meeting of Stockholders, when she will stand for reelection, and continues until a successor is elected and qualified.
Ms. Hook was also named the Board’s Lead Independent Director and joined the Technology and National Defense Committee and the Compensation and Human Capital Committee. For this role, she will receive an initial equity grant of approximately $75,000, an annual equity grant of approximately $175,000, and an annual cash retainer of $80,000, plus standard committee fees for non-employee directors.
NextNav Inc. reported that its Board of Directors expanded from nine to ten members and appointed Lisa Hook as a director. Her term runs until the 2026 Annual Meeting of Stockholders, when she will stand for reelection, and continues until a successor is elected and qualified.
Ms. Hook was also named the Board’s Lead Independent Director and joined the Technology and National Defense Committee and the Compensation and Human Capital Committee. For this role, she will receive an initial equity grant of approximately $75,000, an annual equity grant of approximately $175,000, and an annual cash retainer of $80,000, plus standard committee fees for non-employee directors.
Hook Lisa reported acquisition or exercise transactions in this Form 4 filing.
NEXTNAV INC. director Lisa Hook received an equity grant of 4545 shares of common stock as a restricted stock award. The shares were granted at no cash price and increase her directly held stake to 4545 shares. All of these restricted shares are scheduled to vest on February 24, 2027, assuming she continues in service through that date.
Hook Lisa reported acquisition or exercise transactions in this Form 4 filing.
NEXTNAV INC. director Lisa Hook received an equity grant of 4545 shares of common stock as a restricted stock award. The shares were granted at no cash price and increase her directly held stake to 4545 shares. All of these restricted shares are scheduled to vest on February 24, 2027, assuming she continues in service through that date.
NEXTNAV INC. director Lisa Hook filed an initial statement of beneficial ownership on Form 3. This filing identifies her as a director of the company and establishes her status as an insider under SEC rules. The provided information does not list any specific stock transactions or share amounts.
NEXTNAV INC. director Lisa Hook filed an initial statement of beneficial ownership on Form 3. This filing identifies her as a director of the company and establishes her status as an insider under SEC rules. The provided information does not list any specific stock transactions or share amounts.
NextNav Inc. received an updated ownership report from OSI Capital Management and related entities showing a sizable passive stake in the company. The reporting group, led by Black Feathers, L.P., may be deemed to beneficially own 13,260,166 shares of common stock, equal to 9.8% of the class.
This total includes 13,235,166 common shares and 25,000 warrants exercisable for 25,000 additional shares at $11.50 per share, with the warrants expiring on October 28, 2026. The ownership percentage is calculated against 134,829,088 shares outstanding as of November 3, 2025. The investors certify the holding is not for the purpose of changing or influencing control of NextNav.
NextNav Inc. received an updated ownership report from OSI Capital Management and related entities showing a sizable passive stake in the company. The reporting group, led by Black Feathers, L.P., may be deemed to beneficially own 13,260,166 shares of common stock, equal to 9.8% of the class.
This total includes 13,235,166 common shares and 25,000 warrants exercisable for 25,000 additional shares at $11.50 per share, with the warrants expiring on October 28, 2026. The ownership percentage is calculated against 134,829,088 shares outstanding as of November 3, 2025. The investors certify the holding is not for the purpose of changing or influencing control of NextNav.
The Vanguard Group reports beneficial ownership of NextNav Inc common stock. As of 12/31/2025, it beneficially owned 6,932,757 shares, representing 5.14% of the class. Vanguard reports 0 shares with sole voting power and 719,292 shares with shared voting power, while having 6,932,757 shares with shared dispositive power.
Vanguard states the holdings are acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of NextNav. It also notes an internal realignment on January 12, 2026, after which certain subsidiaries are expected to report beneficial ownership separately.
The Vanguard Group reports beneficial ownership of NextNav Inc common stock. As of 12/31/2025, it beneficially owned 6,932,757 shares, representing 5.14% of the class. Vanguard reports 0 shares with sole voting power and 719,292 shares with shared voting power, while having 6,932,757 shares with shared dispositive power.
Vanguard states the holdings are acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of NextNav. It also notes an internal realignment on January 12, 2026, after which certain subsidiaries are expected to report beneficial ownership separately.
Mariam Sorond, CEO, President and Director of NextNav Inc. (NNAVW), reported the sale of 69,853 shares of common stock on 09/02/2025 under a Rule 10b5-1 plan. The sales were executed in multiple transactions at weighted-average prices of $17.5962 and $18.0383, with reported price ranges of $17.03–$18.02 and $18.03–$18.06 respectively. The filings state the proceeds are intended to satisfy tax withholding obligations from vesting equity awards. Following the transactions, the filing shows beneficial ownership of common stock of 1,410,652 shares (direct).
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.