Rakuten Group, Inc. 4
4 · AST SpaceMobile, Inc. · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
AST SpaceMobile (ASTS) 10% Owner Hiroshi Mikitani Sells Shares
What Happened
Hiroshi Mikitani, reported as a 10% owner (via Rakuten Mobile, Inc.), sold a total of 3,040,000 shares of AST SpaceMobile (ASTS) in open-market/private sales on April 14–15, 2026. The filing shows: 1,690,000 shares disposed on Apr 14 at a weighted average price of $91.42 (proceeds $154,499,800) and 1,350,000 shares disposed on Apr 15 at a weighted average price of $86.22 (proceeds $116,397,000). Total proceeds across both days were about $270,896,800. These were sales (Code S), not purchases.
Key Details
- Transaction dates and prices:
- Apr 14, 2026: 1,690,000 shares sold, weighted avg $91.42; individual sale prices ranged $87.50–$103.96 (per footnote F2).
- Apr 15, 2026: 1,350,000 shares sold, weighted avg $86.22; individual sale prices ranged $84.04–$88.71 (per footnote F3).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Reporting/beneficial-ownership note (footnote F1): Shares are held of record by Rakuten Mobile, Inc., a Rakuten Group subsidiary. Mr. Mikitani is founder/Chairman/CEO of Rakuten Group and has voting and investment discretion over those record-held shares; by Rule 13d-3 he may be deemed a beneficial owner but he disclaims direct beneficial ownership except for any indirect pecuniary interest.
- Filing date: Form 4 filed Apr 16, 2026 covering Apr 14–15 trades (appears timely based on the two-business-day Form 4 rule).
Context
- These were outright share disposals (sales), not option exercises, gifts, or awards. Footnotes indicate multiple transactions at varying prices; the filing provides weighted-average prices and offers to supply per-price breakdowns on request.
- As a 10% owner through an institutional record holder, this disclosure reflects institutional/affiliate selling rather than a straightforward executive personal trade; the reporting person expressly disclaims beneficial ownership beyond any indirect pecuniary interest.
Insider Transaction Report
Form 4Exit
Mikitani Hiroshi
10% Owner
Transactions
- Sale
Class A Common Stock
[F2][F1]2026-04-14$91.42/sh−1,690,000$154,499,800→ 29,330,155 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F1]2026-04-15$86.22/sh−1,350,000$116,397,000→ 27,980,155 total(indirect: See footnote)
Footnotes (3)
- [F1]The shares of Class A Common Stock of the Issuer (the "Common Stock") set forth herein are held of record by Rakuten Mobile, Inc., a wholly-owned subsidiary of Rakuten Group, Inc. Hiroshi Mikitani is the founder, Chairman and Chief Executive Officer of Rakuten Group, Inc. and has voting and investment discretion with respect to the securities held of record by Rakuten Mobile, Inc. By reason of the provisions of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Mr. Mikitani and Rakuten Group, Inc. may be deemed to be the beneficial owner of the securities beneficially owned by Rakuten Mobile, Inc. Mr. Mikitani and Rakuten Group, Inc. hereby disclaim beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.50 to $103.96 per share, inclusive. The Reporting Persons undertake 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 2 to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.04 to $88.71 per share, inclusive. The Reporting Persons undertake 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 2 to this Form 4.