Insley Susan Brasse 4
4 · NEXTNAV INC. · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-24$17.13/sh−2,370$40,602→ 167,054 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 $16.90 to $17.49 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.