---
schema_version: "secwatch.filing_event.v1"
accession: "0001554855-25-001716"
form_type: "8-K"
ticker: "NN"
cik: "0001865631"
company_name: "NEXTNAV INC."
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T06:00:27.403815+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NextNav appoints Tim Gray as CFO; Chris Gates moves to Corporate Development EVP

## Summary
- Tim Gray named EVP & CFO effective Sept 22, 2025; base salary $450K, target bonus 45%.
- Initial equity grants: RSUs and options each valued at $1.5M; additional $750K each expected in Q1 2026.
- Vesting: 25% on 1-year anniversary, then 1/12 quarterly; exercise price 110% of 20-day trailing average.
- Gray previously CFO of Anterix (ATEX) for over a decade; prior roles at MedImmune, AOL, Nextel.
- Chris Gates steps down as CFO, remains as EVP of Corporate Development; will receive severance per agreement.

## SEC filing metadata
- accession: 0001554855-25-001716
- form_type: 8-K
- ticker: NN
- cik: 0001865631
- company_name: NEXTNAV INC.
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865631/000155485525001716/0001554855-25-001716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865631/000155485525001716/nn-20250921.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554855-25-001716
- JSON: https://secwatch.observer/filing/0001554855-25-001716.json
- Plain text: https://secwatch.observer/filing/0001554855-25-001716.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.