NextNav Inc. disclosed that its chief executive, Mariam Sorond, sold 69,853 shares of common stock on Sept. 3, 2026. The transaction generated $1,068,869 at a weighted‑average price of $15.3017 per share, within a $15.00‑$15.70 price range. The sale was executed under a Rule 10b5‑1 trading plan adopted on Dec. 22, 2025, intended to cover tax withholding on vested equity awards.
Following the sale, Sorond’s beneficial ownership stands at 1,171,792 shares of NextNav, which has a market capitalization of roughly $2.65 billion. The stock was trading near $15.72 at the time of reporting. Over the trailing twelve months the company posted a loss of $0.83 per share, while analysts maintain price targets between $22 and $50.
NextNav is slated to release its next earnings report on Nov. 5. In the second quarter, the firm reported an adjusted loss of $0.24 per share, wider than the consensus estimate of $0.14. Revenue rose to $1.15 million, beating the $900,000 forecast. The company also eliminated all outstanding debt and ended the quarter debt‑free with about $300 million in liquidity.
