NextNav insider sale: 1,400 shares sold to cover taxes under 10b5-1

Rhea-AI Filing Summary

Shams Sammaad, Chief Accounting Officer of NextNav Inc., sold 1,400 shares of common stock on 09/16/2025 at $17.1295 per share under a Rule 10b5-1 plan. The filing reports 67,673 shares beneficially owned after the sale. The Form 4 states the 10b5-1 plan was adopted on August 30, 2024 and the proceeds were intended to satisfy tax withholding obligations related to the vesting of underlying equity awards.

Positive

• Transaction executed under a Rule 10b5-1 plan, supporting compliance with insider trading policies
• Proceeds specified for tax withholding related to vesting, clarifying the purpose of the sale
• Clear disclosure of pre- and post-transaction ownership showing 67,673 shares beneficially owned after the sale

Negative

• Reported sale reduced direct holdings by 1,400 shares
• No purchases or offsetting acquisitions reported on this Form 4

Insights

Financial Analyst

TL;DR: Routine insider sale under a 10b5-1 plan to cover tax withholding; small reduction in holdings, no new derivatives reported.

The sale of 1,400 shares at $17.1295 reduces the reporting officer's direct stake to 67,673 shares. This transaction is documented as part of a pre-established Rule 10b5-1 plan adopted August 30, 2024 and is designated to cover tax withholding from equity vesting. There are no derivative transactions disclosed on this Form 4 and no indication of additional purchases or exercises. From a financial metrics perspective, the transaction appears operationally routine and not indicative of a change in company outlook.

Corporate Governance Expert

TL;DR: Compliance-forward disclosure; use of a 10b5-1 plan demonstrates adherence to insider trading policies.

The filing clearly identifies the reporting person and role, the specific share amount sold, the sale price, and the stated purpose for proceeds. Execution under a Rule 10b5-1 plan and the inclusion of an explanatory note support the affirmative defense for planned trades and reflect adherence to governance best practices. The form is signed by a power of attorney, completing the required attestation elements.

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)
09/16/2025

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	09/16/2025		S(1)		1,400	D	$17.1295	67,673	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.

	/s/ Christian Gates, by power of attorney	09/17/2025
	** 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 (NXNVW) insider Shams Sammaad sell?

The filing shows 1,400 shares of NextNav common stock were sold on 09/16/2025 at $17.1295 per share.

Why was the sale executed according to the Form 4?

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

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

The Form 4 reports 67,673 shares beneficially owned following the reported sale.

Does the Form 4 report any derivative transactions or option exercises?

No. Table II for derivative securities shows no derivative transactions reported on this Form 4.

Who signed the Form 4 filing for the reporting person?

The Form 4 is signed by Christian Gates, by power of attorney on behalf of the reporting person.