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NEXTNAV INC.·4

May 26, 7:03 PM ET

Palmer Nicola 4

Research Summary

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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).