[144] NEXTNAV INC. SEC Filing

Rhea-AI Filing Summary

NextNav, Inc. (NXNVW) notice reports a proposed sale of 1,400 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $24,500.00. The filing lists approximately 133,130,567 shares outstanding and an approximate sale date of 09/16/2025. The shares were acquired as Restricted Stock Units on 09/15/2025 and payment is listed as N/A. The filer also disclosed three 10b5-1 sales by Sammaad Shams during the past three months totaling 2,191 shares for gross proceeds of $30,501.72.

Insights

Securities/Corporate Finance Analyst

TL;DR: Insiders intend to sell a small block of RSU shares via a broker; disclosed past 10b5-1 activity shows modest routine liquidation.

The Form 144 shows a proposed disposition of 1,400 common shares valued at $24,500, following acquisition of those shares as RSUs one day earlier. The filing is administratively complete, names Morgan Stanley Smith Barney LLC as the broker, and provides the outstanding share count for context. The prior 10b5-1 sales (688, 102, and 1,401 shares) yielded $30,501.72 in gross proceeds, indicating ongoing, modest scheduled sales rather than a large, single divestiture.

Compliance/Risk Analyst

TL;DR: Disclosure complies with Rule 144 format; includes representation about material nonpublic information and 10b5-1 references.

The notice contains the required representations about absence of undisclosed material adverse information and references reliance on Rule 10b5-1 for prior sales. It identifies the nature of acquisition as Restricted Stock Units and provides dates and amounts for prior 10b5-1 sales, supporting transparency for regulatory and investor review. No material omissions are evident within the content provided.

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

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	1400	24500.00	133130567	09/16/2025	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	09/15/2025	Restricted Stock Units	Issuer			1400	09/15/2025	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 SAMMAAD SHAMS 11911 Freedom Dr. Suite 200 Reston VA 20190	Common	08/11/2025	688	9453.12
10b5-1 Sales for SAMMAAD SHAMS 11911 Freedom Dr. Suite 200 Reston VA 20190	Common	06/20/2025	102	1490.22
10b5-1 Sales for SAMMAAD SHAMS 11911 Freedom Dr. Suite 200 Reston VA 20190	Common	06/17/2025	1401	19558.38

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 does the Form 144 filed for NXNVW report?

It reports a proposed sale of 1,400 common shares valued at $24,500.00, to be sold approximately on 09/16/2025 through Morgan Stanley Smith Barney LLC.

How were the 1,400 shares acquired according to the filing?

The filing states the shares were acquired on 09/15/2025 as Restricted Stock Units issued by the issuer.

What prior insider sales are disclosed in the Form 144?

Three 10b5-1 sales by Sammaad Shams: 688 shares on 08/11/2025 for $9,453.12, 102 shares on 06/20/2025 for $1,490.22, and 1,401 shares on 06/17/2025 for $19,558.38.

What is the outstanding share count listed in the filing?

The filing lists 133,130,567 shares outstanding for the issuer.

Does the filing state whether the seller knows any material nonpublic information?

Yes. By signing the notice the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.