Trade Summary
6 days ago, Shams Sammaad, serving as Chief Accounting Officer at Nextnav Inc. (NN), sold 3,412 shares at $16.89 per share, for a total transaction value of $57,618.00. Following this transaction, Shams Sammaad now holds 62,468 shares of NN.
This sale represents a 5.00% decrease in Shams Sammaad's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, March 17, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 19, 2026, 2 days after the trade was made.
Nextnav Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.