Insley Susan Brasse 4
4 · NEXTNAV INC. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
NextNav (NN) COO Susan Brasse Sells 849 Shares
What Happened
Susan Brasse, Chief Operating Officer of NextNav (NN), sold 849 shares on June 16, 2026. The reported weighted-average price was $19.36 per share, for total proceeds of about $16,437. The sale was effected under a Rule 10b5-1 sales plan and the proceeds are intended to satisfy tax withholding obligations related to vested equity awards.
Key Details
- Transaction date: 2026-06-16 (reported on Form 4 filed 2026-06-18).
- Transaction type: Sale (S) under a Rule 10b5-1 plan adopted August 19, 2025.
- Shares sold: 849; weighted-average price: $19.36; total value ≈ $16,437.
- Price range reported: $19.36 to $19.36 (F2 notes weighted-average; per-transaction breakdown available on request).
- Proceeds use: To satisfy tax withholding on vested awards (per footnote F1).
- Shares owned after the transaction: Not disclosed in this filing.
- Timeliness: Filed within two business days of the transaction (not reported late).
Context
Sales made under pre-established 10b5-1 plans are typically scheduled and intended to avoid timing questions; they don't necessarily signal a change in the insider's view of the company. For retail investors, purchases tend to be more informative about insider conviction than routine sales for tax or diversification purposes.
Insider Transaction Report
Form 4
Insley Susan Brasse
Chief Operating Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-06-16$19.36/sh−849$16,437→ 169,424 total
Footnotes (2)
- [F1]This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 19, 2025 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.36 to $19.36 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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 this footnote.
Signature
/s/ James Black|2026-06-18