NextNav (NN) COO Susan Brasse Sells 2,370 Shares

What Happened Susan Brasse, Chief Operating Officer of NextNav, sold 2,370 shares of NextNav common stock in an open-market transaction on June 24, 2026. The reported weighted-average price was $17.13 per share, for total proceeds of approximately $40,602. This was a sale (not a purchase) and was effected under a pre-established Rule 10b5-1 sales plan.

Key Details

• Transaction date: 2026-06-24; Filing date: 2026-06-26 (timely)
• Transaction type/code: Sale (S); 2,370 shares disposed
• Price: reported weighted-average $17.13; trade prices ranged $16.90–$17.49
• Proceeds: ~$40,602
• Shares owned after transaction: Not disclosed in the filing
• Footnotes: (1) Sale executed under a Rule 10b5-1 plan adopted Aug 19, 2025; proceeds intended to satisfy tax withholding related to vesting of equity awards. (2) Reported price is a weighted average; the filer can provide a breakdown of shares sold at each price on request.

Context This sale was completed under a pre-arranged 10b5-1 plan and designated to cover tax obligations from vested awards, which is a common, non-speculative reason insiders sell shares. Sales under 10b5-1 plans are typically routine and do not necessarily signal a change in the insider’s view of the company.