Rakuten Group, Inc. 4

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.