[Form 4] NEXTNAV INC. Insider Trading Activity

Rhea-AI Filing Summary

Shams Sammaad, Chief Accounting Officer of NEXTNAV Inc. (ticker: NN), reported a sale of 102 shares of the company's common stock on 09/19/2025 at a price of $17.34 per share. The filing shows the reporting person beneficially owned 67,571 shares after the transaction. The Form 4 indicates the sale was executed under a Rule 10b5-1 sales plan adopted on August 30, 2024, and the proceeds are intended to cover tax withholding obligations related to the vesting of underlying equity awards. The Form 4 was signed by a power of attorney on 09/23/2025.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating the transaction was pre-authorized and reduces insider-trading signaling risk
• Disclosure complies with Section 16 requirements and includes Exhibit 24 power of attorney, reflecting timely and proper reporting
• Reporting officer retains a substantial holding with 67,571 shares remaining after the transaction

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine, preplanned insider sale for tax withholding; transaction size is immaterial relative to typical institutional holdings.

The sale of 102 shares under a Rule 10b5-1 plan signals a pre-authorized, non-discretionary disposition tied to tax obligations from vesting, reducing potential signaling risk compared with ad-hoc sales. The remaining beneficial ownership of 67,571 shares keeps the officer economically linked to company performance, and the small sale size suggests limited impact on market perception or control. Reporting via Form 4 and inclusion of an Exhibit 24 power of attorney aligns with disclosure requirements.

Corporate Governance Expert

TL;DR: Governance practices followed: 10b5-1 plan used and sale disclosed promptly; no governance red flags in this filing.

The filing documents a proper Section 16 disclosure for an officer-initiated transaction executed under a documented 10b5-1 plan adopted August 30, 2024, which provides the officer an affirmative defense against insider trading claims for transactions made under the plan. The use of a power of attorney to sign the Form 4 and the explicit statement that proceeds are for tax withholding are standard. There is no indication of unusual timing or coordinated sales from this single filing.

SEC Form 4

FORM 4

UNITED 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^*

Shams Sammaad

(Last) (First) (Middle)

11911 FREEDOM DR.

STE. 200

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NEXTNAV INC. [ NN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/19/2025		S(1)		102	D	$17.34	67,571	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 30, 2024 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ James Black, by power of attorney	09/23/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did NEXTNAV (NN) insider Shams Sammaad sell?

The Form 4 reports a sale of 102 shares of NEXTNAV common stock on 09/19/2025 at $17.34 per share.

Why was the insider sale by Shams Sammaad made?

The sale was effected under a Rule 10b5-1 sales plan adopted on August 30, 2024 and the proceeds are intended to satisfy tax withholding obligations from vesting awards.

How many shares does the reporting person own after the sale?

The Form 4 shows the reporting person beneficially owned 67,571 shares following the reported transaction.

When was the Form 4 for this transaction signed?

The Form 4 bears a signature executed by power of attorney on 09/23/2025.

Does this Form 4 indicate any derivative transactions or amendments?

No derivative securities or amendments are reported in the provided Form 4 content.