Sorond Mariam 4

What Happened

• Sorond Mariam, NEXTNAV Inc. CEO, President and Director, received compensatory awards on March 19, 2026: 54,704 restricted stock units (RSUs) and a derivative award of 724,112 stock options. Both awards are reported with an acquisition value of $0.00 on the Form 4 (i.e., granted, not purchased or sold).

Key Details

• Transaction date: 2026-03-19; Form 4 filed 2026-03-24 (filed after the standard 2-business-day reporting window).
• Awards: 54,704 RSUs (grant); 724,112 options (derivative grant). Both entries list $0.00 acquisition value on the Form 4.
• Vesting (per footnotes): RSUs vest over four years — 1/4 vests on the one-year anniversary of 3/19/2026, then 1/16 quarterly thereafter. Options vest 25% on the one-year anniversary, then in equal quarterly installments over the next three years.
• Shares owned after the transaction: not specified in the filing.
• No sale, exercise, or tax-withholding disposition reported — these are awards/compensation, not market purchases or disposals.

Context

• These are compensatory grants to an executive (not open-market purchases). Grants are common for executive pay and do not by themselves indicate immediate buying or selling of stock. The option/RSU vesting schedules tie future ownership to continued service.
• The Form 4 was filed five calendar days after the grant (filed one business day past the typical two-business-day deadline), which may be noted by compliance observers.