Nextnav COO Susan Brasse sells $33,701 in company stock

Susan Brasse, the Chief Operating Officer of NEXTNAV INC. (NASDAQ: NN), recently sold 2,370 shares of the company's common stock on September 24, 2026, as reported in a recent SEC filing. The total value of the transaction amounted to $33,701. The shares were sold at an average price of $14.2202 per share, with individual sales falling within a price range of $14.03 to $14.32.

This sale was executed in accordance with a Rule 10b5-1 sales plan that Brasse had established on August 19, 2025. The proceeds from this sale were set aside to satisfy tax withholding obligations associated with the vesting of her underlying equity awards. The sale of shares comes at a time when NEXTNAV is grappling with financial challenges, having reported a 36% decline in revenue to $3.98 million over the past twelve months, and experiencing negative gross profit margins of 105%.

InvestingPro analysis suggests that the stock may be overvalued at its current valuation, resulting in a WEAK financial health rating for the company. Following this transaction, Ms. Brasse directly owns 163,835 shares of NEXTNAV common stock.