Sammaad Shams - 17 Jun 2025 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
Chief Accounting Officer
Signature
/s/ Christian Gates, by power of attorney
Issuer symbol
NN
Transactions as of
17 Jun 2025
Transactions value $
-$19,558
Form type
4
Filing time
18 Jun 2025, 16:06:03 UTC
Previous filing
20 Mar 2025
Next filing
24 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shams Sammaad Chief Accounting Officer 11911 FREEDOM DR., STE. 200, RESTON /s/ Christian Gates, by power of attorney 18 Jun 2025 0001881628

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Sale -$19,558 -1,401 -2% $13.96 69,863 17 Jun 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 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.
F2 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.86 to $14.07, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 Footnote 2 to this Form 4.