Form 4: NextNav Inc. Executive Sammaad Shams Reports Acquisition of Shares and Stock Options

Chief Accounting Officer Sammaad Shams reports the acquisition of common stock and stock options in NextNav Inc.

Summary

• On March 14, 2025, Sammaad Shams, Chief Accounting Officer of NextNav Inc., reported the acquisition of 15,297 shares of common stock and 23,873 stock options.
• These acquisitions include a grant of restricted stock units (RSUs) that will vest over a four-year period, with 1/4 vesting on March 14, 2026, and 1/16 vesting quarterly thereafter.
• A bonus grant of 9,113 RSUs vested immediately on March 14, 2025.
• The stock options also vest over a four-year period, with 1/4 vesting on March 14, 2026, and 1/16 vesting quarterly thereafter, and have an exercise price of $12.14.
• Following these transactions, Shams directly owns 85,105 shares of NextNav Inc. common stock and 23,873 stock options.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of shares by an executive could be interpreted slightly positively, but it's not a strong indicator.

Positives

• The acquisition of shares and stock options by a key executive could be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The RSUs and stock options will continue to vest over a four-year period, subject to the Reporting Person's continued service.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

• The reported transactions provide transparency to shareholders regarding executive compensation and ownership.

Key Dates