Form 4: NextNav Director Neil Subin Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Neil Subin reports acquiring 3,221 shares of NextNav Inc. common stock through a grant of unrestricted shares.
Summary
- On March 29, 2024, Neil Subin, a director of NextNav Inc., reported acquiring 3,221 shares of common stock.
- The acquisition was a grant of unrestricted shares, priced at $0.00.
- Following the transaction, Mr. Subin directly owns 130,448 shares.
- Mr. Subin also indirectly owns 2,115,213 shares through MILFAM Investments LLC and 1,948,907 shares through MILFAM CI LLC SPARTACUS.
- Mr. Subin disclaims beneficial ownership of the indirectly held securities except to the extent of any pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock acquisition. It doesn't contain overtly positive or negative information.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a significant event in the broader industry.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Acquisition of 3,221 shares of common stock. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.