Wisniewski Scott 4
Research Summary
AI-generated summary
AST SpaceMobile (ASTS) President Scott Wisniewski Sells Shares
What Happened
Scott Wisniewski, President of AST SpaceMobile, reported selling 47,000 shares of ASTS as an open-market/private sale at a weighted average price of $94.75 per share for total proceeds of $4,453,250. He also reported gifting 3,000 shares (no proceeds) to a non-profit.
Key Details
- Transaction date: reported period March 17, 2026; Form 4 filed March 18, 2026 (timely filing).
- Sale: 47,000 shares; weighted average sale price $94.75; total proceeds $4,453,250. Footnote F1: shares were sold in multiple transactions at prices ranging $94.12 to $95.27.
- Gift: 3,000 shares contributed to a non-profit (Footnote F2).
- Shares owned after transaction: not specified in the excerpt provided — check the full Form 4 for the "Owned Following Reported Transaction" value.
- Transaction codes: S = Sale, G = Gift. No 10b5‑1 plan, tax withholding, or late‑filing flag noted in the provided data.
Context
Sales by executives are common and can be for many personal reasons; a gift to a non-profit is not an indicator of company outlook. This filing reports dispositions, not purchases — purchases generally carry more weight as potential insider confidence signals. For full details (including exact post‑transaction holdings), review the complete Form 4 on the SEC EDGAR site (Accession 0001493152-26-011401).