{
  "id": 9873501,
  "title": "NextNav CFO Timothy Gray sells $162,538 in stock",
  "url": "https://urgent.news/2026/09/26/nextnav-cfo-timothy-gray-sells-162-538-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-26T00:30:58.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/nextnav-cfo-timothy-gray-sells-162538-in-stock-93CH-4918346"
  },
  "original_language": "en",
  "account": "Chief Financial Officer Timothy Gray of NEXTNAV INC. (NN) sold 11,099 shares of the company's common stock on September 23, 2026. The transaction totaled $162,538 and was conducted under a Rule 10b5-1 sales plan adopted in December 2025. The shares were sold at prices between $14.33 and $15.05, with a weighted average price of $14.6444. This sale aimed to meet tax withholding obligations from the vesting of equity awards. After the sale, Mr. Gray still directly owns 120,687 shares of NEXTNAV INC. stock. This move occurred as NEXTNAV's stock is near its 52-week low of $10.87 and is considered overvalued by InvestingPro. The company holds more cash than debt but struggles with negative earnings per share. Recent financial results for the second quarter of 2026 showed an adjusted loss of $0.24 per share, though revenue beat expectations at $1.15 million. The company is debt-free with approximately $300 million in liquidity. Analysts at Clear Street rated NextNav a Buy with a target price of $24.00, noting the company's efforts to secure a nationwide 15 MHz license to address federal GPS backup gaps.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Lyft CFO Erin Brewer sells $219,631 in company stock",
        "url": "https://urgent.news/2026/09/26/lyft-cfo-erin-brewer-sells-219-631-in-company-stock",
        "published": "2026-09-26T02:01:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}