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Sorond Mariam

Disclosed activity across 1 company

Tapewire entity
2566
SEC CIK
0001998558

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
NEXTNAV INC.NN · Entity 2565Director · CEO, President and DirectorSeptember 16, 2026September 18, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

NEXTNAV INC.

Report date September 16, 2026 · Filed September 18, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect1,168,961 Reported balance After 2026-09-03 transaction · row 1
1 source row

Row 1 · 2026-09-03 · Sale · Disposed 2,831 · Balance 1,168,961

F1: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.54 to $14.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 2 to this Form 4.

Filing footnotes · ownership attribution and instrument terms

F1: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.54 to $14.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 2 to this Form 4.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
September 03, 2026 Filed Sep 18, 2026 00:00 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 2,831 $14.72 $41,662.69
Disclosure

SEC source: 0001554855-26-002018 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,168,961

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.54 to $14.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 2 to this Form 4.

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September 03, 2026 Filed Sep 4, 2026 00:00 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 69,853 $15.30 $1,068,869.65
Disclosure

SEC source: 0001554855-26-001955 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,171,792

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.70, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 2 to this Form 4.

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June 16, 2026 Filed Jun 19, 2026 01:00 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 2,830 $18.33 $51,877.86
Disclosure

SEC source: 0001554855-26-001373 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,241,665

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.18 to $18.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnotes 2 and 3 to this Form 4.

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June 01, 2026 Filed Jun 4, 2026 01:00 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 2,300 $20.89 $48,046.54
Disclosure

SEC source: 0001554855-26-001231 · form4.xml · nonDerivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,244,495

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F3 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.46 to $21.27, inclusive.

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June 01, 2026 Filed Jun 4, 2026 01:00 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 67,553 $19.89 $1,343,379.22
Disclosure

SEC source: 0001554855-26-001231 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,246,795

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 22, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.45 to $20.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnotes 2 and 3 to this Form 4.

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March 19, 2026 Filed Mar 24, 2026 10:37 UTC NEXTNAV INC. NN · Entity 2565 GrantStock Option (Right to Buy) · Derivative 724,112 $0.00 Strike: $20.39 $0.00
Disclosure

SEC source: 0001554855-26-000397 · primary_doc.xml · derivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 724,112

Underlying: Common Stock · 724,112 shares

Expires 2036-03-19

F2 · derivative.exercise_date: Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, twenty five percent (25%) of the Options shall vest on the one-year anniversary of March 19, 2026, and the remaining portion shall vest in equal quarterly installments over the subsequent three years.

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March 19, 2026 Filed Mar 24, 2026 10:37 UTC NEXTNAV INC. NN · Entity 2565 GrantCommon Stock 54,704 $0.00 $0.00
Disclosure

SEC source: 0001554855-26-000397 · primary_doc.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,314,328

F1 · kind: Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on the one-year anniversary of March 19, 2026, and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.

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March 17, 2026 Filed Mar 20, 2026 00:09 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 11,322 $16.85 $190,794.95
Disclosure

SEC source: 0001554855-26-000349 · primary_doc.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,259,624

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 21, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.64 to $17.01 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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March 03, 2026 Filed Mar 6, 2026 02:00 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 44,860 $17.12 $768,079.46
Disclosure

SEC source: 0001554855-26-000199 · form4.xml · nonDerivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,270,946

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 21, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F3 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.01 to $17.42 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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March 03, 2026 Filed Mar 6, 2026 02:00 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 24,993 $16.53 $413,214.27
Disclosure

SEC source: 0001554855-26-000199 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,315,806

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 21, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.99 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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December 02, 2025 Filed Dec 3, 2025 22:25 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 69,853 $13.82 $965,200.81
Disclosure

SEC source: 0001554855-25-002185 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,340,799

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 21, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

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September 02, 2025 Filed Sep 3, 2025 20:02 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 1,200 $18.04 $21,645.96
Disclosure

SEC source: 0001554855-25-001472 · form4.xml · nonDerivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,410,652

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 21, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F3 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.03 to $18.06, inclusive.

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September 02, 2025 Filed Sep 3, 2025 20:02 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 68,653 $17.60 $1,208,031.92
Disclosure

SEC source: 0001554855-25-001472 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,411,852

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 21, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.03 to $18.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnotes 2 and 3 to this Form 4.

Read SEC document
June 27, 2025 Filed Jul 1, 2025 20:12 UTC NEXTNAV INC. NN · Entity 2565 GrantStock Option (Right to Buy) · Derivative 295,850 $0.00 Strike: $15.07 $0.00
Disclosure

SEC source: 0001062993-25-012321 · form4.xml · derivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 295,850

Underlying: Common Stock · 295,850 shares

Expires 2035-06-27

F1 · derivative.exercise_date: Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on June 27, 2026 (the one-year anniversary of the grant date), and 1/16 of the Options shall vest quarterly in substantially equal installments thereafter.

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June 20, 2025 Filed Jun 24, 2025 20:08 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 69,853 $14.38 $1,004,569.96
Disclosure

SEC source: 0001062993-25-012108 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,480,505

F1 · kind: This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 21, 2025 and the proceeds are intended to be used to satisfy tax withholding obligations in connection with the vesting of the underlying equity awards.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.05 to $ $14.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 2 to this Form 4.

Read SEC document
March 17, 2025 Filed Mar 19, 2025 21:37 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 62,868 $11.23 $706,064.22
Disclosure

SEC source: 0001062993-25-005924 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,550,358

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 29, 2024.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.875 to $11.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote.

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March 14, 2025 Filed Mar 18, 2025 20:25 UTC NEXTNAV INC. NN · Entity 2565 GrantStock Option (Right to Buy) · Derivative 141,362 $0.00 Strike: $12.14 $0.00
Disclosure

SEC source: 0001062993-25-005723 · form4.xml · derivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 141,362

Underlying: Common Stock · 141,362 shares

Expires 2035-03-14

F2 · derivative.exercise_date: Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the Options shall vest quarterly in substantially equal installments thereafter.

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March 14, 2025 Filed Mar 18, 2025 20:25 UTC NEXTNAV INC. NN · Entity 2565 GrantCommon Stock 90,579 $0.00 $0.00
Disclosure

SEC source: 0001062993-25-005723 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,613,226

F1 · shares: Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.

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December 04, 2024 Filed Dec 5, 2024 23:45 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 51,470 $16.85 $867,151.12
Disclosure

SEC source: 0001062993-24-020140 · form4.xml · nonDerivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,522,647

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 29, 2024.

F3 · shares: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at pricing ranging from $16.45 to $17.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote.

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December 03, 2024 Filed Dec 5, 2024 23:45 UTC NEXTNAV INC. NN · Entity 2565 SaleCommon Stock 200,000 $16.40 $3,280,160.00
Disclosure

SEC source: 0001062993-24-020140 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,574,117

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 29, 2024.

F2 · shares: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at pricing ranging from $16.17 to $17.07, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 21:38 UTC NEXTNAV INC. NN · Entity 2565 GrantStock Option (Right to Buy) · Derivative 370,031 $0.00 Strike: $4.68 $0.00
Disclosure

SEC source: 0001213900-24-024113 · ownership.xml · derivative · entry 3

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 370,031

Underlying: Common Stock · 370,031 shares

Expires 2034-03-15

F3 · derivative.exercise_date: Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options vested on the one-year anniversary of March 15, 2025, and 1/16 of the Options shall vest at the end of each consecutive three-month period (quarterly) thereafter.

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March 15, 2024 Filed Mar 19, 2024 21:38 UTC NEXTNAV INC. NN · Entity 2565 GrantCommon Stock 235,294 $0.00 $0.00
Disclosure

SEC source: 0001213900-24-024113 · ownership.xml · nonDerivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,774,117

F2 · shares: Represents a grant of restricted stock units (the "RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on the one-year anniversary of March 15, 2025, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter.

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March 15, 2024 Filed Mar 19, 2024 21:38 UTC NEXTNAV INC. NN · Entity 2565 GrantCommon Stock 38,823 $0.00 $0.00
Disclosure

SEC source: 0001213900-24-024113 · ownership.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,538,823

F1 · shares: Represents a bonus grant of restricted stock units (the "RSUs"). 100% of the RSU's vested on March 15, 2024 (grant date).

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November 29, 2023 Filed Dec 1, 2023 21:06 UTC NEXTNAV INC. NN · Entity 2565 GrantCommon Stock 1,500,000 $0.00 $0.00
Disclosure

SEC source: 0001213900-23-092013 · ownership.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,500,000

F1 · shares: Represents a grant of restricted stock units ("RSUs"). The RSUs will vest over a three-year period, with one-third of the grant vesting on the first anniversary of the grant date and the remaining two-thirds of the grant vesting over the subsequent two-year period in substantially equal quarterly installments. Each RSU represents the right to receive one share of common stock of NextNav Inc.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.