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EdgarHawk

Mariam Sorond

CEO, President and Director

Director Officer

Latest: CEO, President and Director selling · June 2026

7 filings analyzed · 1 company · Latest 2026-06-03

Companies

Company Buys Sells Direction
NEXTNAV INC. NN 0 11 Net selling

Activity

June 2026
2026-06-03 NEXTNAV INC. NN
low
Sell
69,853 shares
$1,391,426
Significance 4/10

NextNav CEO Mariam Sorond sells 69,853 shares for $1,391,425.76 via scheduled 10b5-1 plan

Mariam Sorond, CEO and President, executed 2 separate sales totaling 69,853 shares for $1,391,425.76 on 2026-06-01 at an average price of $19.92 per share. This sale was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-12-22, meaning the transaction was scheduled and not discretionary. Post-transaction holdings of 1,244,495 shares represent a -5.3% reduction from the 1,314,348 shares held pre-transaction. The company's fundamentals remain challenged: the most recent quarter showed revenue of $995,000.00 with net income of $-10,621,000.00, reflecting ongoing unprofitability and a -19.3% annual revenue decline. Investors should note this is a programmatic sale under a predetermined plan rather than a discretionary market-timing decision by the CEO.

March 2026
2026-03-05 NEXTNAV INC. NN
medium
Sell
69,853 shares
$1,181,294
Significance 5/10

CEO Sorond Mariam sold 69,853 shares (69.9K) for $1.2M on 2026-03-03; post-sale holdings 1.27M shares

Sorond Mariam executed two separate sales totaling 69,853 shares for $1,181,293.73 at prices of $16.53 and $17.12 on 2026-03-03, reducing his position by 5.2% to 1,270,946 shares. The blended average price of $16.91 is slightly above the current price of $16.56, and falls within the 52-week range of $9.40–$17.94 (-7.7% from the high). At the same ticker, his prior five sales have shown mixed post-transaction outcomes: two of five resulted in 90-day declines, though the most recent sale on 2025-12-02 was followed by a +20.4% 30-day return. His cross-ticker track record across seven prior sells shows an average 90-day return of -9.8% with a well-timed rate of 57.14%. The company posted $887.0K in latest-quarter revenue with $483.0K net income, though it remains unprofitable on a full-year basis despite 46.8% annual revenue growth. The transaction occurs in the context of positive near-term price momentum (+15.5% over 30 days) but below the 52-week high.

December 2025
2025-12-03 NEXTNAV INC. NN
medium
Sell
69,853 shares
$965,201
Significance 6/10

CEO Sorond Mariam sold 69,853 shares of NEXTNAV at $13.82; stock up 13.6% in 30 days but remains -19.2% from 52-week high.

Sorond Mariam, CEO, sold 69,853 shares (-5.0% of his 1,410,652 pre-transaction holdings) at $13.82 on 2025-12-02, realizing $965,200.81. This is his sixth open-market sale across all tickers. His cross-ticker track record shows an average 90-day return of -15.1% after his prior sells, with a 90d well-timed rate of 66.67%. At NN specifically, his prior five trades yielded mixed timing: three of five were well-timed at the 90-day mark (negative post-sale returns), though his most recent NN sell on 2025-09-02 was poorly timed (stock fell -20.2% in 90 days but only after he had already sold). The stock is trading at $14.54 today, up 13.6% in 30 days since the sale, suggesting the trade has underperformed near-term. Company fundamentals show revenue growth of +46.8% year-over-year, but the firm remained unprofitable on a full-year basis despite recent quarterly profitability ($483,000 net income on $887,000 quarterly revenue). The sale occurred at a price -19.2% below the 52-week high of $18.00, placing the transaction in the lower half of the stock's recent trading range.

September 2025
2025-09-03 NEXTNAV INC. NN
medium
Sell
69,853 shares
$1,229,678
Significance 5/10

NextNav CEO Sorond Mariam sells 69,853 shares in 2 tranches for $1,229,677.88; stock at -9.3% from 52-week high

Sorond Mariam executed two separate sales totaling 69,853 shares at a blended average price of $17.60 on 2025-09-02, reducing his holdings from 1,480,505 shares to 1,410,652 shares (-4.7%). The sales occurred near the 52-week trading range ($6.99–$18.00), with the stock currently at $16.33, down 9.3% from its 52-week high. Against a broader backdrop of his cross-ticker track record showing a 66.67% well-timed sell rate with an average 90-day return of -23.0%, his same-ticker history at NN is mixed: 2 of 3 prior measurable sells have delivered negative 90-day returns (well-timed), while one showed a 90-day gain of 14.6% (poorly timed). Company fundamentals present a sharp disconnect: NextNav reported $1,202,000.00 quarterly revenue with a $-63,195,000.00 net loss, yet is valued at $2,174,022,159.11 market cap with 46.8% annual revenue growth. This unprofitable growth story leaves investors uncertain about whether Mariam's sale reflects shifting conviction or follows scheduled plan mechanics.

June 2025
2025-06-24 NEXTNAV INC. NN
high
Sell
69,853 shares
$1,004,570
Significance 6/10

CEO Sorond Mariam sold 69,853 shares of NN at $14.38 on 2025-06-20 (total $1.0M); stock now $14.93.

Sorond Mariam (CEO and President) divested 69.9K shares (4.5% of pre-transaction holdings) at $14.38, reducing his stake from 1.55M to 1.48M shares. The sale occurred 17.1% below the 52-week high and coincides with strong recent momentum (+20.0% over 30 days, +17.7% over 90 days). However, Mariam's timing record at NextNav is mixed: his prior two sells in December 2024 proved well-timed (both showed significant 90d declines of -44.2% and -39.3%), but his March 2025 sell was poorly timed (stock rose 14.6% over 90 days). Fundamentally, the company remains deeply unprofitable ($-58.6M net income in the latest period) despite strong revenue growth of 46.8% year-over-year. The CEO retains substantial holdings (1.48M shares), suggesting continued material exposure rather than a wholesale exit. This sale warrants attention given the company's persistently negative earnings against its $2.0B market cap, combined with the recent rally that may have created a window for the divestiture.

March 2025
2025-03-19 NEXTNAV INC. NN
high
Sell
62,868 shares
$706,064
Significance 7/10

CEO Mariam sold 62,868 shares at $11.23 on 2025-03-17; prior 2 sells at NN all well-timed (90d avg -41.8% & -44.2% declines)

Sorond Mariam, CEO and President, sold 62,868 shares at $11.23 on 2025-03-17, reducing holdings by 3.9% to 1,550,358 shares post-transaction. This sale occurs in the context of a stock down -34.4% from its 52-week high of $18.00 and trading -7.2% over the past 30 days. Notably, Mariam's two prior sales at NN (on 2024-12-04 and 2024-12-03) demonstrated a consistent pattern: both were well-timed, with subsequent 90-day declines of -44.2% and -39.3% respectively, and his cross-ticker track record shows a 100% well-timed rate on 2 prior sells with an average 90-day return of -41.8%. The company's fundamentals are concerning—it remains unprofitable with net income of $-13.6M in the latest quarter, though revenue growth stands at +46.8% annually. The timing pattern of this sale relative to the insider's historical precision in prior NN transactions warrants investor attention.

December 2024
2024-12-05 NEXTNAV INC. NN
high
Sell
251,470 shares
$4,147,311
Significance 6/10

CEO Sorond Mariam sold 251,470 shares (251.5K) for $4,147,311.12 in 2 transactions at $16.40-$16.85 on Dec 3-4, cutting stake by 14.2%.

CEO Sorond Mariam executed 2 separate sales totaling 251,470 shares for $4,147,311.12, reducing his holdings from 1,774,117 shares to 1,522,647 shares. The company is unprofitable with net income of $-13,609,000.00 over its most recent full fiscal year, yet the stock has surged +142.7% over 90 days and currently trades at $17.04, near its 52-week high of $17.39. The sale price of $16.49 (blended) sits below the current trading level, and revenue contracted -1.6% year-over-year despite a $1.6M quarterly top line. The -14.2% reduction in the CEO's stake represents a material and deliberate reduction in personal exposure to an unprofitable entity that has experienced significant near-term appreciation.

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