NextNav (NN) CAO Shams Sammaad Sells $23K of Stock
Chief Accounting Officer Shams Sammaad sold shares as part of a planned transaction.
Reviewed by automated data checks against the source filing. How we make and check alerts
Shams Sammaad, Chief Accounting Officer at NextNav Inc. ($NN), sold 1,576 shares at an average price of $14.64, worth about $23,075, on September 17, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $NN is down 3.1% after 1 week and down 35.7% to date (from the $14.92 close on Sep 17, 2026).
NN
NextNav Inc.
Key Points
- On September 17, 2026, Shams Sammaad sold 1,576 shares of NextNav Inc. for about $23,075, at a price of $14.64 per share.
- This sale follows his earlier transaction on June 29, 2026, when he sold 2,006 shares at $17.84 each.
- NextNav has a market cap of approximately $2.14 billion and is set to report earnings on November 5, 2026.
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Sammaad Shams, Chief Accounting Officer at NextNav Inc. (NasdaqCM: NN), sold 1,576 shares on September 17, 2026, for about $23,075. The shares were sold at a price of $14.64 each, as part of a planned transaction.
Inside Shams Sammaad's Trade
This sale adds to a series of transactions by Shams. He previously sold 2,006 shares on June 29, 2026, at a price of $17.84 each. This pattern of selling may reflect his financial strategy or personal needs rather than any negative sentiment about the company.
Other Institutional Activity in NextNav Inc.
Fortress Investment Group LLC increased its stake by 3,989,712 shares, bringing its total to 18,167,792 shares worth about $175.9 million. BlackRock Inc. also raised its holdings by 868,169 shares, ending with 8,345,940 shares valued at approximately $80.8 million. Meanwhile, Clutterbuck Capital Management LLC reduced its position by 336,696 shares, leaving it with 8,964,292 shares worth around $86.8 million.
NextNav Inc. Stock Down 31.8%
NextNav shares recently traded near $14.64, which is above its 52-week low of $10.87 but below its high of $24.42. The stock's price has fluctuated as it continues to respond to market trends and insider activities.
Recent Earnings
NextNav reported revenue of $3,977,000 for its latest quarter, showing a decline of 4.3% compared to the previous year. The company has not yet turned a profit, posting an EPS of -$0.82. Its next earnings report is scheduled for November 5, 2026.
Insider Buying and Selling at NextNav Inc.
In addition to Shams, other insiders have also sold shares recently. Susan Brasse, Chief Operating Officer, sold 2,370 shares on June 24, 2026, at $17.13 each, totaling about $40,598. Neil Subin sold 502,707 shares on June 22, 2026, and 250,000 shares on June 23, 2026, at $11.50 each, amounting to $2.88 million.
About NextNav Inc.
NextNav Inc. focuses on providing positioning, navigation, and timing solutions across the United States. Its key products include Pinnacle, which enhances public safety communications, and TerraPoiNT, a 3D positioning system. The company is headquartered in Reston, Virginia, and has about 103 employees.
Bottom Line
Investors should watch for the upcoming earnings report on November 5, 2026, and any further insider trading activity as a signal of insider sentiment. The recent sales by executives may reflect personal financial strategies rather than concerns about the company's future.
Related Filing Alerts
Source: Shams Sammaad's Form 4 filing on $NN (Sep 17, 2026). Find the original filing: NN Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts