NextNav Inc. has announced adjustments to the compensation package for its President and Chief Executive Officer, Mariam Sorond. Effective June 27, 2025, Ms. Sorond's annual base salary has been increased to $800,000, with an annual target bonus set at 100% of her base salary. Additionally, she has been granted 295,850 stock options, which are subject to time-based vesting. The options carry an exercise price of $15.07, with one-fourth vesting on June 27, 2026, and the remaining options vesting in equal quarterly installments over the following three years. These adjustments were made following a compensation benchmarking review for CEOs at peer companies.
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