Research Summary
AI-generated summary of this SEC filing
NEXTNAV (NN) COO Susan Brasse Sells 849 Shares
What Happened
Susan Brasse, Chief Operating Officer of NEXTNAV Inc. (NN), sold 849 shares in an open-market/private disposition on September 15, 2026. The reported weighted-average price was $15.29 per share, for total proceeds of $12,981. The sale was effected under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely).
- Transaction type: Sale (S) — 849 shares disposed.
- Price(s): weighted-average $15.29 per share (range reported as $15.29–$15.29).
- Total proceeds: $12,981.
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: (F1) Sale executed under a 10b5-1 plan adopted Aug 19, 2025; proceeds intended to satisfy tax withholding from vesting awards. (F2) Price is a weighted average; the filer can provide per-trade price details on request.
Context
This was a sale under a pre-arranged 10b5-1 plan to cover tax obligations related to equity vesting, which is a common, routine use of such plans and not an explicit signal of insider sentiment. No late filing issues are indicated.