Palmer Nicola 4
4 · NEXTNAV INC. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
NEXTNAV (NN) Director Nicola Palmer Receives Restricted Share Award
What Happened Nicola Palmer, a director of NextNav, was granted 7,550 restricted shares on May 21, 2026. The award shows an acquisition price of $0.00 (award) and therefore no cash transaction value. The restricted shares vest 100% on May 1, 2027, subject to continued service.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26.
- Transaction type/code: Award/Grant (A). Price reported: $0.00. Shares granted: 7,550.
- Vesting: 100% of the Restricted Shares vest on May 1, 2027, contingent on continued service (footnote).
- Shares owned after transaction: not specified in the provided filing.
- Timeliness: Filing occurred five days after the reported transaction date (appears later than the typical 2 business‑day Form 4 deadline for insiders).
Context Restricted share grants are usually compensation or retention awards rather than market purchases; they do not indicate an immediate cash investment by the insider. The shares will not be freely tradable until they vest (or any other restrictions lapse).
Insider Transaction Report
Form 4
Palmer Nicola
Director
Transactions
- Award
Common Stock
[F1]2026-05-21+7,550→ 38,327 total
Footnotes (1)
- [F1]Represents a grant of restricted shares (the "Restricted Shares"). Subject to the Reporting Person's continued service through the applicable vesting date, 100% of the Restricted Shares shall vest on May 1, 2027.
Signature
/s/ James S. Black by power of attorney|2026-05-26